As many as three Indian-origin persons have been named among the 100 highest-paid CEOs globally with PepsiCo’s Indra Nooyi and LyondellBasell’s Bhavesh Patel making it to the top ten list compiled by Equilar.
Chemicals company LyondellBasell Industries’ top executive Bhavesh V Patel was ranked sixth on the list with a total compensation of $24.5 million, while Nooyi, the Chief Executive of PepsiCo was ranked eighth on the list with a total pay of $22.2 million.
Satya Nadella, the CEO of Microsoft was ranked 26th on the list of 100 highest-paid CEOs with a total compensation of $18.3 million.
The overall list was topped by Mark V Hurd and Safra A Catz of Oracle Corp with both boasting a total compensation of $53.2 million.
Others on Top 10
Companies that file annual proxy statements before 1 April to provide an early look at CEO pay trends for 2015.
- Robert A Iger of Walt Disney - $43.5 million
- David M Cote of Honeywell International - $33.1 million
- General Electric’s Jeffrey R Immelt - $26.4 million
- Randall L Stephenson of AT&T - $22.4 million
- Rupert Murdoch of Twenty-First Century Fox - $22.2 million
- James P Gorman of Morgan Stanley - $22 million
The report further noted that the median pay for Equilar 100 CEOs was $14.5 million in the fiscal year 2015, up 3 percent from the previous year.
Interestingly, eight CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole.
Median compensation for these eight women was $20. million in 2015 while the average pay was $22.7 million.Equilar
Catz tied with her colleague Hurd as the highest paid individual CEO in the Equilar 100, was the highest paid female with $53.2 million.
Apple is the largest company by revenue on the list, totalling $233.7 billion in 2015, followed by Berkshire Hathaway with $210.8 billion.
Notably, Tim Cook of Apple was paid below the median ($10.3 million) and Warren Buffett of Berkshire Hathaway was by far the lowest-paid CEO in the Equilar 100, earning $470,244 in total compensation last year.Equilar