- The American Federation of Labour and Congress of Industrial Organisations (AFL-CIO) issued a report on the highest-paid tech CEOs of 2018.
- Oracle, PayPal, and DXC Technology are the S&P 500 tech companies that paid their CEOs the most, according to the report.
- AFL-CIO finds that the average CEO salary in 2018 was $US14.5 million, resulting from a $US500,000 increase annually in the past decade. Nonsupervisory workers only made an average of $US40,000, for comparison.
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New data from The American Federation of Labour and Congress of Industrial Organisations (AFL-CIO), the largest federation of labour unions in the United States, tells us which CEOs were the highest paid in 2018.
AFL-CIO finds that CEO salaries at S&P 500 companies have been increasing by $US500,000 annually for the past decade. In 2018, the average annual salary of a CEO was $US14.5 million, as compared to a $US40,000 salary for nonsupervisory and production workers.
Of those S&P 500 companies, Oracle and PayPal are among the tech companies that pay their chief execs the most.
Here are the top 10 highest paid tech CEOs, according to the report:
10. Mastercard CEO Ajay Banga: $US20.4 million
9. Former Intuit CEO Brad Smith: $US21 million
Smith stepped down as CEO at the end of 2018 after an 11-year run.
8. Cisco CEO Chuck Robbins: $US21.3 million
7. Former Accenture CEO Pierre Nanterme: $US22.3 million
Nanterme, who led Accenture during 8 years as CEO, passed away in the January of 2019. He was 59 years old.
6. Microsoft CEO Satya Nadella: $US25.8 million
5. Salesforce co-CEO Marc Benioff: $US28.4 million
4. Adobe CEO Shantanu Narayen: $US28.4 million
3. DXC Technology CEO Mike Lawrie: $US32.2 million
2. PayPal CEO Daniel Schulman: $US38.8 million
1. Oracle CEO Mark Hurd: $US108.3 million
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