Here are the top paid CEOs by state for 2019, as calculated by The Associated Press and Equilar, an executive data firm.
The survey considered only publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30. Not every state has such a company headquartered there. The survey includes only CEOs who have been in place for at least two years, but it does not limit the survey to companies in the S&P 500, as the AP’s general compensation study does.
To calculate CEO pay, Equilar adds salary, bonus, stock awards, stock option awards, deferred compensation and other components that include benefits and perks. For some companies, big raises can occur when CEOs get a stock grant in one year as part of a multi-year grant.
Median pay for S&P 500 CEOs was $12.3 million last year. Median means half made more, and half made less.
California: Lisa T. Su, Advanced Micro Devices
Maryland: David Zaslav, Discovery
Colorado: Gregory Maffei, Liberty Media
Rhode Island: Larry Merlo, CVS Health
Pennsylvania: Brian Roberts, Comcast
New York: James P. Gorman, Morgan Stanley
Texas: Randall Stephenson, AT&T
Washington: John Legere, T-Mobile US
Missouri: Michael Neidorff, Centene
North Carolina: Brian Moynihan, Bank of America
Illinois: Miles White, Abbott Laboratories
Nevada: Sheldon Adelson, Las Vegas Sands
Ohio: Gary Heminger, Marathon Petroleum
New Jersey: Kenneth Frazier, Merck
Arkansas: C. Douglas McMillon, Walmart
Virginia: Christopher J. Nassetta, Hilton Worldwide Holdings
Michigan: Mary Barra, General Motors
Oklahoma: Robert D. Lawler, Chesapeake Energy
Nebraska: Lance Fritz, Union Pacific
Kansas: Thomas Gentile III, Spirit AeroSystems
Mississippi: Joe Sanderson, Jr., Sanderson Farms
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