Discovery's Zaslav, Disney's Iger among highest paid CEOs
{{#rendered}} {{/rendered}}This photo combination shows the highest-paid CEOs at big U.S. companies for 2018, as calculated by The Associated Press and Equilar, an executive data firm. Top row, from left: David Zaslav, Discovery, $129.5 million; Robert Iger, Walt Disney, $65.6 million; Stephen MacMillan, Hologic, $42 million; and Joseph Hogan, Align Technology, $41.8 million; and Daniel Schulman, PayPal, $37.8 million. Bottom row, from left: Reed Hastings, Netflix, $36.1 million; Brian Roberts, Comcast, $35 million; Robert Kotick, Activision Blizzard, $30.8 million; and James Dimon, JPMorgan Chase, $30 million. (AP Photo)
Here are the highest paid CEOs in the S&P 500 index for 2018, as calculated by The Associated Press and Equilar, an executive data firm.
The AP's compensation study covered 340 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy statements between Jan. 1 and April 30. Some companies with highly paid CEOs do not fit these criteria.
Pay for chief executives rose to a median of $12 million last year, including salary, stock and other compensation. Median means half were larger, and half were smaller.
{{#rendered}} {{/rendered}}Compensation often includes stock and option grants that the CEO may not receive for years unless certain performance measures are met. For some companies, big raises occur when CEOs get a stock or option grant in one year as part of a multi-year grant.
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1. David Zaslav
{{#rendered}} {{/rendered}}Discovery
$129.5 million
Change from last year: 207%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 1,511 times, up from 522
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2. Robert Iger
{{#rendered}} {{/rendered}}Walt Disney
$65.6 million
Change from last year: 81%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 1,424 times
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3. Richard Handler
{{#rendered}} {{/rendered}}Jefferies Financial Group
$44.7 million
Change from last year: 105%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 298 times, down from 489
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4. Stephen MacMillan
{{#rendered}} {{/rendered}}Hologic
$42 million
Change from last year: 275%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 478 times
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5. Joseph Hogan
{{#rendered}} {{/rendered}}Align Technology
$41.8 million
Change from last year: 256%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 3,168 times, up from 920
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6. Daniel Schulman
{{#rendered}} {{/rendered}}PayPal
$37.8 million.
Change from last year: 96%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 543 times, up from 274
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7. Reed Hastings
{{#rendered}} {{/rendered}}Netflix
$36.1 million
Change from last year: 48%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 178 times, up from 133
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8. Brian Roberts
{{#rendered}} {{/rendered}}Comcast
$35 million
Change from last year: 8%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 426 times, down from 458
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9. Robert Kotick
{{#rendered}} {{/rendered}}Activision Blizzard
$30.8 million
Change from last year: 7%
{{#rendered}} {{/rendered}}His pay vs typical company worker: 319 times, up from 306
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10. James Dimon
{{#rendered}} {{/rendered}}JPMorgan Chase
$30 million
Change from last year: 6%
His pay vs typical company worker: 381 times, up from 364