Every year the world keeps a close tab on the bank balance of the top CEOs (Chief Executive Officers) to know who has added how much wealth to his/her bank account. In addition to the paycheques, their leadership style and growth ideas inspire a large number of business leaders across the world. They are a big source of inspiration for furure leaders to work hard and write fresh success stories. According to an analysis by the Wall Street Journal in 2020, CEOs at more than 300 of the top public companies in the US received median pay of $13.7 million, up 15% from $12.8 million the year before. Here are the 10 highest-paid executives according to their salaries in the year 2020:
1. Chad Richison – $211.13 million: Chad Richison is an entrepreneur in America. He has been serving as President and Chief Executive Officer of Paycom since it was founded. Richison started his career in sales with an ADP, which is the largest and best-known payroll processing company in the United States.
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2. Amir Dan Rubin – $199.05 million: Amir Dan Rubin has served as Chief Executive Officer of 1Life Healthcare. He is also the President and a member or chair of the board of directors since August 2017. Rubin has worked as an Executive Vice President at UnitedHealth Group, a publicly-traded healthcare company, from January 2016 to August 2017.
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3. John Legere – $137.2 million: Born on 4 June 1958, John Legere is the former CEO and president of T-Mobile US. Prior to that, he served for AT&T, Dell, and Global Crossing. Later in April 2020, he resigned as the CEO after approval of the merger of T-Mobile and Sprint.
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4. Larry Culp – $73.19 million: Lawrence (Larry) Culp, is the Chairman and Chief Executive Officer of General Electric. Larry is GE’s 12th CEO and 11th Chairman. He has served General Electric board of directors since April 2018 and since October 2018, he joined the GE company as the CEO.
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5. Chris Nassetta – $55.87 million: Christopher J. Nassetta is the President and CEO of Hilton. He joined the company in 2007 and prior to this Nassetta was President and CEO of Host Hotels & Resorts, Inc. he held this position since 2000. Before he joined Host Hotels & Resorts, Inc., Nassetta co-founded Bailey Capital Corporation in 1991.
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6. Mike Sievert – $54.91 million: Mike Sievert is the president and CEO of T-Mobile US. Also, he is a member of the company’s board of directors. He has become the CEO of T-Mobile in April 2020. The same day T-Mobile shut its merger with Sprint.
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7. Greg Maffei – $47.12 million: Greg Maffei is the president and the highest-paid CEO of Liberty Media. The corporation owns media and entertainment businesses. Additionally, Greg Maffei is the Chairman of Live Nation Entertainment, Sirius XM and TripAdvisor. Also, he is the chairman emeritus of Starz and Expedia, and the former chief financial officer of Oracle and Microsoft.
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8. Reed Hastings – $43.23 million: Reed Hastings is a co-founder, chairman, and CEO of Netflix. Moreover, he sits on a number of boards and non-profit organizations. Born in October 1960 in Massachusetts, U.S. Hastings was a former member of the California State Board of Education.
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9. Ted Sarandos – $39.32 million: Ted Sarandos, actual name Theodore Anthony Sarandos Jr. serves as the co-CEO and Chief Content Officer for Netflix. Born on 30 July 1964, Sarandos attended Glendale Community College in Glendale, Arizona. In 1999, Sarandos met with Netflix CEO Reed Hastings and joined Netflix in 2000.
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10. Robert Bakish – $38.97 million: Robert Bakish has been the President and highest-paid CEO of Viacom CBS since December 4, 2019. He held the same post of Viacom before the merger with CBS Corporation. In October 1999, he became the Executive Vice President of Planning and Business Development of Viacom’s MTV Networks.
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