Move over, Elon Musk and Tim Cook. There is a new name breaking into the list of the highest-paid chief executives: Chad Richison, the founder and CEO of payroll processor Paycom Software Inc.
The Oklahoma City billionaire last year was awarded compensation valued at $211 million by Paycom, the company disclosed in the annual proxy statement it filed with the Securities and Exchange Commission last week.
Mr. Richison’s 2020 compensation was worth closer to $702 million, based on the value of the shares underlying the equity awards, according to an independent calculation by ISS ESG, an arm of proxy advisory firm Institutional Shareholder Services.
…His 2020 compensation package makes Mr. Richison the highest paid CEO in the S&P 500 based on disclosures so far, according to research firm MyLogIQ. It is one of the five biggest CEO awards since at least 2010, according to MyLogIQ data.
Nearly 40 S&P 500 firms included security costs in their CEOs' perk packages last year,…
Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co.…
Artificial intelligence is the single-largest area that boards have devoted time to in the last…
The chiefs of America’s biggest companies reached new pay heights in 2023 as stock awards…
Elon Musk didn’t just upend the global auto business and space missions. The billionaire is…
In 2023, the leaders of America's largest companies saw their compensation packages soar to unprecedented…