Business ... The highest-paid CEOs by state
This photo combination shows some of the top-paid CEOs by state for 2016, as calculated by The Associated Press and Equilar, an executive data firm.
On top row, from left: General Electric CEO Jeffrey Immelt; Wynn Resorts CEO Stephen Wynn; Johnson & Johnson CEO Alex Gorsky, and Bank of America CEO Brian Moynihan.
On bottom row, from left: Starbucks CEO Howard Schultz; UnitedHealth Group CEO Stephen Hemsley; Wal-Mart CEO Doug McMillon, and Sanderson Farms CEO Joe Sanderson. (Associated Press)
By Associated Press May 25 at 6:52 AM
Here are the top-paid CEOs by state for 2016, as calculated by The Associated Press and Equilar, an executive data firm.
The survey considered only publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and May 1. It includes CEOs who have been in place for at least two years. Not every state had a publicly traded company headquartered there that was large enough to be included.
To calculate CEO pay, Equilar adds salary, bonus, stock awards, stock option awards, deferred compensation and other components that include benefits and perks.
The typical CEO in the Standard & Poor’s 500 index made $11.5 million last year.
Alabama: Grayson Hall, Regions Financial Corp., $8 million
Arizona: Richard C. Adkerson, Freeport-McMoRan Inc., $14 million
Arkansas: Doug McMillon, Wal-Mart Stores Inc., $22.4 million
California: Robert A. Iger, Walt Disney Co., $41 million
Colorado: Greg Maffei, Liberty Media Corp. and Liberty Interactive Corp., $30.2 million
Connecticut: Tom Rutledge, Charter Communications Inc., $98 million
Delaware: Hervé Hoppenot, Incyte Corp., $11.8 million
Florida: Brian Jellison, Roper Technologies Inc., $26.3 million
Georgia: Ron Clarke, Fleetcor Technologies Inc., $21.7 million
Hawaii: Matt Cox, Matson Inc., $3.9 million
Idaho: Darrel Anderson, IDACORP Inc., $3.5 million
Illinois: Richard A. Gonzalez, AbbVie Inc., $18 million
Indiana: Joseph Swedish, Anthem Inc., $16.5 million
Iowa: Stan Askren, HNI Corp., $5.9 million
Kansas: Michael J. Brown, Euronet Worldwide Inc., $6.4 million
Kentucky: Greg Creed, Yum Brands Inc., $15.4 million
Louisiana: Glen F. Post III, CenturyLink Inc., $13.6 million
Maine: Jonathan Ayers, IDEXX Laboratories Inc., $5.9 million
Maryland: David Zaslav, Discovery Communications Inc., $37.2 million
Massachusetts: Jeffrey R. Immelt, General Electric Co., $18 million
Michigan: Mary Barra, General Motors Co., $22.4 million
Minnesota: Stephen J. Hemsley, UnitedHealth Group Inc., $15.7 million
Mississippi: Joe F. Sanderson Jr., Sanderson Farms Inc., $3.8 million
Missouri: Michael F. Neidorff, Centene Corp., $22 million
Nebraska: Fredric J. Tomczyk, TD Ameritrade Holding Corp., $11.4 million (Tomczyk retired in September.)
Nevada: Stephen A. Wynn, Wynn Resorts Ltd., $28.2 million
New Hampshire: Tim McGrath, PC Connection Inc., $3.9 million
New Jersey: Alex Gorsky, Johnson & Johnson, $21.9 million
New Mexico: Pat Vincent-Collawn, PNM Resources Inc., $4 million
New York: Leslie Moonves, CBS Corp., $68.6 million
North Carolina: Brian Moynihan, Bank of America Corp., $15.5 million
North Dakota: David L. Goodin, MDU Resources Group Inc., $3.3 million
Ohio: W. Nicholas Howley, TransDigm Group Inc., $18.7 million
Oklahoma: Doug Lawler, Chesapeake Energy Corp., $15.3 million
Oregon: Andrew C. Teich, FLIR Systems Inc., $5.1 million (Teich is retiring in June.)
Pennsylvania: Brian L. Roberts, Comcast Corp., $33 million
Rhode Island: Larry Merlo, CVS Health Corp., $18.4 million
South Carolina: John D. Williams, Domtar Corp., $7.2 million
South Dakota: David R. Emery, Black Hills Corp., $4.1 million
Tennessee: Kenneth W. Lowe, Scripps Networks Interactive Inc., $26.8 million
Texas: Randall Stephenson, AT&T Inc., $25.3 million
Utah: Truman Hunt, Nu Skin Enterprises Inc., $10.3 million (Hunt stepped down as CEO in March.)
Virginia: Marty Barrington, Altria Group Inc., $24.2 million
Washington, D.C.: Thomas P. Joyce Jr. Danaher Corp., $13 million
Washington: Howard Schultz, Starbucks Corp., $21.8 million (Schultz stepped down as CEO in April.)
Wisconsin: Jeffery Yabuki, Fiserv Inc., $21.2 million
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