Becoming a chief executive officer of a top company seems like the pinnacle of success, so what kind of money do those at the top make? For its annual report on compensation for CEOs of S&P 500 companies, The Wall Street Journal found that it varies widely, with the highest-paid CEO earning $129.4 million in 2018 and the lowest earning just $1.
The report, which was based on data from public company intelligence firm MyLogIQ, found that that the median pay for CEOs in 2018 was $12.4 million (up from $12.1 million in 2017).
The highest paid CEO in 2018 was David M. Zaslav of entertainment network Discovery, Inc. Zaslav was paid $129.4 million, a sharp increase from his $42.2 million in 2017. Much of his pay comes from stock options, and the Journal notes his significant increase in pay was almost entirely performance-based and a result of a “substantial increase in stock-option awards tied to a five-year contract extension through 2023.”
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