In 2023, the leaders of America’s largest companies saw their compensation packages soar to unprecedented levels, driven primarily by substantial stock awards. This surge in executive pay reflects the growing trend of rewarding CEOs with equity, aligning their interests with shareholders and pushing their total earnings to new heights.

According to a report by The Wall Street Journal, which utilized data from MyLogIQ, here are the top five highest-paid American CEOs of the year.

1. Hock Tan – Broadcom
2. Nikesh Arora – Palo Alto Networks
3. Steven Schwarzman – Blackstone
4. Christopher Winfrey – Charter Communications
5. Will Lansing – Fair Isaac.