For CEOs, $100 Million Pay Packages Are Disappearing
The new boss at Starbucks came very close. The leaders of Apple and GE were close too. But so far, no CEO has scored a $100 million payday for 2024.
If the tally holds, it would be the first time in a decade without a $100 million pay package for a public-company chief executive. Such stock-heavy “moonshot” pay deals, popularized by Elon Musk and Tesla have drawn investor and court scrutiny in recent years.
Even without a new entry in the $100 million club, CEO compensation at the biggest U.S. companies continued to climb in 2024 and is on track to set a record. More than half of the S&P 500 CEOs in a Wall Street Journal analysis made at least $16.4 million last year, up from $15.9 million in 2023, according to data from MyLogIQ.
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