A recent report by As You Sow, a nonprofit shareholder advocacy group, has highlighted the top-earning CEOs among the S&P 500 companies. The report examined CEO pay in relation to total shareholder return and identified the CEOs with excessive compensation. While the original article provided detailed information on the CEOs leading large companies in the healthcare sector, we will take a fresh approach by providing a snapshot of their career paths and wealth accumulation.
Safra Catz, the CEO of Oracle, topped the list with a pay package of $138.19 million. Ms. Catz has been with the company for over two decades and previously served as the president and CFO. She holds a bachelor’s degree from the Wharton School of the University of Pennsylvania and a law degree from the University of Pennsylvania Carey Law School.
Doug McMillon, the CEO of Walmart, earned $25.31 million. Mr. McMillon has had a long tenure at Walmart, serving in various roles before becoming CEO in 2014. He holds a bachelor’s degree in business administration from the University of Arkansas and a master’s degree in business administration from the University of Tulsa.
Ari Bousbib, the CEO of IQVia Holdings, received $30.14 million in compensation. Mr. Bousbib’s career includes leadership positions at United Technologies Corp. and partner roles at Booz Allen Hamilton. He holds an MBA from Columbia University and a Master of Science degree in mathematics and mechanical engineering from Ecole Superieure des Travaux Publics.
Marc Casper, the CEO of Thermo Fisher Scientific, earned $28.21 million. Mr. Casper has been with Thermo Fisher Scientific since 2009 and previously held various roles within the company. He obtained an MBA from Harvard Business School and a bachelor’s degree in economics from Wesleyan University.
Joseph Hogan, the CEO of Align Technology, received $18.68 million. Mr. Hogan’s career spans executive positions at General Electric and his role as CEO of ABB. He holds an MBA from Robert Morris University and a bachelor’s degree in business and economics from Geneva College.
Christopher Viehbacher, the CEO of Biogen, earned $30.49 million. Mr. Viehbacher previously served as the global CEO of Sanofi and co-founded Gurnet Point Capital. He graduated from Queen’s University and is multilingual.
Karen Lynch, the CEO of CVS Health, received $21.32 million. Ms. Lynch joined CVS Health after holding executive roles at Cigna and Magellan Health. She began her career as a public accountant and holds a bachelor’s degree in accounting and an MBA.
Rosalind Brewer, the former CEO of Walgreens Boots Alliance, earned $17.29 million. Ms. Brewer had an extensive career, including roles at Kimberly-Clark, Starbucks, and Walmart. She holds a bachelor’s degree in chemistry and has pursued further education at Stanford University and The Wharton School.
Charles Robbins, the CEO of Cisco Systems, earned $29.28 million. Mr. Robbins has been with Cisco for over 20 years and held various leadership positions within the company. He holds a bachelor’s degree in mathematics with a computer science concentration.
These CEOs have accumulated significant wealth and have diverse career paths that have led them to these high-paying positions. While the debate about excessive CEO pay continues, their achievements and success in their respective industries cannot be ignored.
Frequently Asked Questions
1. How does As You Sow calculate excess pay for CEOs?
As You Sow calculates excess pay by comparing CEO compensation to total shareholder return.
2. Are these CEOs considered overpaid?
As per the original report, these CEOs were identified as “overpaid” based on their compensation compared to their company’s performance and shareholder returns.
3. What educational backgrounds do these CEOs have?
The CEOs have various educational backgrounds, including degrees in business administration, economics, law, and engineering.
4. How long have these CEOs been with their respective companies?
The length of their tenure varies across CEOs, with some having served for decades while others have joined more recently.
5. What industries do these companies operate in?
The featured CEOs helm companies operating in diverse industries, including technology, retail, healthcare, and pharmaceuticals.
6. Are there any female CEOs on the list?
Yes, Rosalind Brewer, the former CEO of Walgreens Boots Alliance, is a female CEO included in the report.
7. Are these CEOs involved in any other organizations or boards?
Many of the CEOs hold positions on advisory boards or serve on the boards of other organizations, such as business roundtables and industry councils.