Boardroom Alpha
CEO Pay · Executive Compensation

What do America's top CEOs get paid?

A live tracker of executive compensation at U.S. public companies — who's paid the most, how each package breaks down between salary, stock, and incentive, and how the pay lines up with shareholder return.

Pay data as of
CEOs tracked
22,420
Companies
14,247
Years of history
1997–2026
Median CEO pay
$8.3M
latest year
$25M+ club
217
most recent proxy
The leaderboard

Highest-paid CEOs

Total pay includes one-time equity grants (a new-CEO sign-on or founder award) that lift a few packages far above their recurring level. Limited to Boardroom-Alpha-rated companies with at least a one-year shareholder return.

SalaryCash incentiveStock awardsOptionsOther
1Shankh Mitra
WELL · Welltower Inc
Real Estate2025$821.1M
Shankh Mitra: 2018: $4.9M, 2019: $5.7M, 2020: $9.6M, 2021: $12.8M, 2022: $14.3M, 2023: $17.3M, 2024: $20.2M, 2025: $821.1M+41.6%
B+
2Kaz Nejatian
OPEN · Opendoor Technologies Inc
Real Estate2025$741.1M
Kaz Nejatian: 2025: $741.1M+15.8%
C-
3Robert J Scaringe
RIVN · Rivian Automotive Inc
Consumer Cyclical2025$402.6M
Robert J Scaringe: 2020: $1.3M, 2021: $422.1M, 2022: $1.0M, 2023: $14.3M, 2024: $14.9M, 2025: $402.6M+3.6%
D
4Niraj Shah
W · Wayfair Inc
Consumer Cyclical2025$280.8M
Niraj Shah: 2017: $0.1M, 2018: $0.1M, 2019: $0.1M, 2020: $0.1M, 2021: $0.2M, 2022: $0.8M, 2023: $0.2M, 2024: $0.3M, 2025: $280.9M+14.3%
C-
5Maky Zanganeh
SMMT · Summit Therapeutics Inc
Healthcare2025$246.0M
Maky Zanganeh: 2020: $0.5M, 2021: $9.6M, 2022: $1.2M, 2023: $20.6M, 2024: $1.2M, 2025: $246.1M+88.2%
B+
6Asher Genoot
HUT · Hut 8 Corp
Financial Services2025$239.9M
Asher Genoot: 2022: $0.5M, 2023: $1.4M, 2024: $10.3M, 2025: $239.9M
B-
7Hock E Tan
AVGO · Broadcom Inc
Technology2025$205.3M
Hock E Tan: 2017: $103.2M, 2018: $5.0M, 2019: $2.4M, 2020: $3.7M, 2021: $60.7M, 2022: $60.6M, 2023: $161.8M, 2024: $2.6M, 2025: $205.3M+70.9%
B+
8Peter P Gassner
VEEV · Veeva Systems Inc
Healthcare2025$172.4M
Peter P Gassner: 2017: $0.3M, 2018: $88.1M, 2019: $0.3M, 2020: $0.3M, 2021: $0.3M, 2022: $0.3M, 2023: $0.4M, 2024: $0.4M, 2025: $172.4M-4.9%
C+
9David Zaslav
WBD · Warner Bros Discovery Inc
Communication Services2025$165.0M
David Zaslav: 2017: $42.3M, 2018: $129.5M, 2019: $45.8M, 2020: $37.7M, 2021: $246.6M, 2022: $39.3M, 2023: $49.7M, 2024: $51.9M, 2025: $165.0M+28.7%
C
10Matthew Gline
ROIV · Roivant Sciences Ltd
Healthcare2024$163.3M
Matthew Gline: 2020: $8.3M, 2021: $30.5M, 2022: $49.0M, 2023: $0.7M, 2024: $163.3M+47.3%
B
11Jack Mallers
XXI · Twenty One Capital Inc
Industrials2025$140.8M
Jack Mallers: 2025: $140.8M
D
12Bipul Sinha
RBRK · Rubrik Inc
Technology2025$140.0M
Bipul Sinha: 2024: $0.6M, 2025: $140.0M
B-
13Ara Mahdessian
TTAN · Servicetitan Inc
Technology2025$133.4M
Ara Mahdessian: 2024: $7.3M, 2025: $133.4M
C-
14Stephen A Schwarzman
BX · Blackstone Inc
Financial Services2025$125.6M
Stephen A Schwarzman: 2017: $125.5M, 2018: $69.2M, 2019: $57.1M, 2020: $86.4M, 2021: $160.3M, 2022: $253.1M, 2023: $119.8M, 2024: $84.0M, 2025: $125.6M+13.3%
B-
15David M Solomon
GS · Goldman Sachs Group Inc
Financial Services2025$118.1M
David M Solomon: 2017: $16.4M, 2018: $20.7M, 2019: $24.7M, 2020: $23.9M, 2021: $39.5M, 2022: $32.2M, 2023: $27.0M, 2024: $31.0M, 2025: $118.1M+51.3%
B+
16Sridhar Ramaswamy
SNOW · Snowflake Inc
Technology2025$101.3M
Sridhar Ramaswamy: 2025: $101.3M+11.1%
C
17Nikesh Arora
PANW · Palo Alto Networks Inc
Technology2025$99.7M
Nikesh Arora: 2018: $125.1M, 2019: $23.9M, 2020: $2.2M, 2021: $23.3M, 2022: $10.4M, 2023: $151.4M, 2024: $58.0M, 2025: $99.7M+34.7%
B+
18Christopher R Britt
CHYM · Chime Financial Inc
Technology2025$98.9M
Christopher R Britt: 2024: $15.8M, 2025: $98.9M
C-
19Satya Nadella
MSFT · Microsoft Corp
Technology2025$96.5M
Satya Nadella: 2017: $20.0M, 2018: $25.8M, 2019: $42.9M, 2020: $44.3M, 2021: $49.9M, 2022: $55.0M, 2023: $48.5M, 2024: $79.1M, 2025: $96.5M+6.8%
B
20Jane N Fraser
C · Citigroup Inc
Financial Services2025$95.8M
Jane N Fraser: 2017: $8.6M, 2018: $9.5M, 2019: $17.3M, 2020: $16.7M, 2021: $20.5M, 2022: $22.1M, 2023: $25.5M, 2024: $31.1M, 2025: $95.8M+48.0%
B-
217
CEOs in the $25M+ club

The $25 million pay club keeps growing.

A record number of CEOs now clear $25 million in a single year — most of it in stock. We break down who made the list, and how each package is built, every year:

CEO pay by sector

Highest-paid CEO in every sector

Real Estate
Pay3-yr TSR
  1. 1
    Shankh Mitra
    Welltower Inc · WELL
    $821.1M+41.6%
  2. 2
    Kaz Nejatian
    Opendoor Technologies Inc · OPEN
    $741.1M+15.8%
  3. 3
    Greg Lehmkuhl
    Lineage Inc · LINE
    $69.3M
Consumer Cyclical
Pay3-yr TSR
  1. 1
    Robert J Scaringe
    Rivian Automotive Inc · RIVN
    $402.6M+3.6%
  2. 2
    Niraj Shah
    Wayfair Inc · W
    $280.8M+14.3%
  3. 3
    Scott L Thompson
    Somnigroup International Inc · SGI
    $45.9M+25.2%
Healthcare
Pay3-yr TSR
  1. 1
    Maky Zanganeh
    Summit Therapeutics Inc · SMMT
    $246.0M+88.2%
  2. 2
    Peter P Gassner
    Veeva Systems Inc · VEEV
    $172.4M-4.9%
  3. 3
    Matthew Gline
    Roivant Sciences Ltd · ROIV
    $163.3M+47.3%
Financial Services
Pay3-yr TSR
  1. 1
    Asher Genoot
    Hut 8 Corp · HUT
    $239.9M
  2. 2
    Stephen A Schwarzman
    Blackstone Inc · BX
    $125.6M+13.3%
  3. 3
    David M Solomon
    Goldman Sachs Group Inc · GS
    $118.1M+51.3%
Technology
Pay3-yr TSR
  1. 1
    Hock E Tan
    Broadcom Inc · AVGO
    $205.3M+70.9%
  2. 2
    Bipul Sinha
    Rubrik Inc · RBRK
    $140.0M
  3. 3
    Ara Mahdessian
    Servicetitan Inc · TTAN
    $133.4M
Communication Services
Pay3-yr TSR
  1. 1
    David Zaslav
    Warner Bros Discovery Inc · WBD
    $165.0M+28.7%
  2. 2
    Ariel Emanuel
    Tko Group Holdings Inc · TKO
    $67.4M
  3. 3
    David Ferris Ellison
    Paramount Skydance Corp · PSKY
    $63.2M-12.3%
Industrials
Pay3-yr TSR
  1. 1
    Jack Mallers
    Twenty One Capital Inc · XXI
    $140.8M
  2. 2
    John C Plant
    Howmet Aerospace Inc · HWM
    $70.5M+79.3%
  3. 3
    H Lawrence Culp Jr
    Ge Aerospace · GE
    $45.6M+60.6%
Energy
Pay3-yr TSR
  1. 1
    James C Flores
    Sable Offshore Corp · SOC
    $75.9M+1.0%
  2. 2
    Michael Sabel
    Venture Global Inc · VG
    $39.1M
  3. 3
    R Lane Riggs
    Valero Energy Corp · VLO
    $34.2M+35.0%
Consumer Defensive
Pay3-yr TSR
  1. 1
    Gregory M Hart
    Coursera Inc · COUR
    $39.4M-25.0%
  2. 2
    Donnie King
    Tyson Foods Inc · TSN
    $34.5M+8.1%
  3. 3
    James Quincey
    Coca Cola Co · KO
    $31.2M+13.1%
Utilities
Pay3-yr TSR
  1. 1
    William Fehrman
    American Electric Power Co Inc · AEP
    $36.6M+20.2%
  2. 2
    Jeffrey W Martin
    Sempra · SRE
    $22.2M+11.2%
  3. 3
    Lawrence S Coben
    Nrg Energy Inc · NRG
    $21.8M+60.6%
Basic Materials
Pay3-yr TSR
  1. 1
    Jean-Marc Germain
    Constellium Se · CSTM
    $30.2M+27.7%
  2. 2
    James H Litinsky
    Mp Materials Corp · MP
    $28.0M+39.1%
  3. 3
    David S Regnery
    Trane Technologies PLC · TT
    $27.3M+39.0%
Year over year

Biggest pay swings

Biggest spikes
  • Shankh Mitra
    Welltower Inc · WELL
    +$800.9M
    $20.2M$821.1M
  • Robert J Scaringe
    Rivian Automotive Inc · RIVN
    +$387.7M
    $14.9M$402.6M
  • Asher Genoot
    Hut 8 Corp · HUT
    +$229.6M
    $10.3M$239.9M
  • Hock E Tan
    Broadcom Inc · AVGO
    +$202.6M
    $2.6M$205.3M
  • Ara Mahdessian
    Servicetitan Inc · TTAN
    +$126.2M
    $7.2M$133.4M
Biggest drops
  • Brian R Niccol
    Starbucks Corp · SBUX
    $64.8M
    $95.8M$31.0M
  • Ford Tamer
    Lattice Semiconductor Corp · LSCC
    $67.4M
    $69.2M$1.7M
  • Robert Antokol
    Playtika Holding Corp · PLTK
    $78.3M
    $84.1M$5.9M
  • James R Anderson
    Coherent Corp · COHR
    $97.8M
    $101.5M$3.7M
  • Patrick W Smith
    Axon Enterprise Inc · AXON
    $164.5M
    $164.5M$40K

Swings are frequently driven by one-time equity grants landing (or rolling off) in a single year, not changes to base salary.

Frequently asked

About this data

Where does this compensation data come from?
Every figure is drawn from companies' own SEC proxy statements — specifically the Summary Compensation Table each public company files ahead of its annual meeting. Boardroom Alpha extracts and structures 25+ years of these filings, broken down to salary, stock awards, option awards, and incentive pay, for tens of thousands of executives.
How is “total pay” defined?
Total pay is the total compensation figure as disclosed in the proxy Summary Compensation Table for the fiscal year — salary, bonus, stock and option awards, non-equity incentive, and other compensation. It reflects pay as reported (grant-date values), so a large one-time equity grant can lift a single year's total well above the recurring level.
How often is this page updated?
It refreshes as new proxy statements are filed — most land in the spring and summer ahead of annual meetings. Each company is shown at its most recently filed fiscal year, so the leaderboard and trends update through the season. The “data as of” stamp reflects the latest filing indexed.
How is pay compared to performance?
The 3-year return column is each company's annualized total shareholder return (share price plus dividends) over the CEO's recent tenure — so you can see, at a glance, whether a large package came with returns for shareholders. It is a return figure, not a proxy-advisor score; Boardroom Alpha is independent of the proxy advisors.
Does this cover more than CEOs?
This hub focuses on CEO pay, but the underlying dataset covers CFOs and other named executive officers too, plus say-on-pay vote outcomes and pay-versus-performance detail. Those are available through the Boardroom Alpha platform and API.

Sources & method. Compensation is total pay as disclosed in each company's SEC proxy statement (the Summary Compensation Table) — grant-date values, not realized take-home pay. Board grades (A–F) and total shareholder return are Boardroom Alpha's. Figures update as new proxies are filed. For information only; not investment advice.