How CEO pay compares to worker pay in 50 famous companies
How CEO pay compares to worker pay in 50 famous companies
In 2017, the for CEOs of companies listed on the benchmark Standard and Poor's 500 index (S&P 500) was $13.9 million. The average S&P 500 CEO earns 361 times more than the average company worker, with some chief executives taking home more than 6,000 times what a run-of-the-mill employee makes.
Two years after the 2008 economic catastrophe, comprehensive legislation known as the Dodd-Frank bill was enacted. One of of the bill is the section that gave publicly traded companies in their annual proxy statements. In 2018, America's largest corporations revealed their 2017 ratios for the first time. Some companies have since revealed their 2018 ratios.
Using , Âé¶¹Ô´´ compiled a list of 50 of the biggest and best-known of those companies, some of which pay their CEOs thousands of times more than the median company worker. In other cases, the two salaries are fairly close, with one company actually paying its CEO less than the median rank-and-file employee. Here's a look at pay disparity in America's most prominent companies as it pertains the median worker's salary and the CEO's pay package, which includes salary, bonuses, stock awards, and any other compensation.
Read on to find out how 50 CEOs' salaries compare to the salaries of their workers.
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Weight Watchers International
CEO: Mindy Grossman
CEO pay: $33,372,283 (2017)
Median worker pay: $6,013
CEO/median worker pay ratio: 5,908:1
Weight Watchers is —but apparently not when it comes to . Former Home Shopping Network joined the global weight loss giant in 2017, and her pay package as CEO, president, and director of Weight Watchers represents the largest disparity between CEO and worker pay of any company listed on the S&P 500.
Mattel
CEO: Margaret H. Georgiadis
CEO pay: $31,275,289 (2017)
Median worker pay: $6,271
CEO/median worker pay ratio:
If you ever played with a Barbie or rode on a Power Wheels when you were a kid, you know the . If you can't imagine a Mattel employee getting by in America on a little more than $6,000 a year, don't worry, most of them don't have to. About 27,500 —nearly four out of five—are located outside the U.S., so overall worker pay is less than 25% of that paid to the median Mattel employee in the U.S.
Abercrombie & Fitch Corporation
CEO: Fran Horowitz
CEO pay: $10,262,749 (2017)
Median worker pay: $2,991
CEO/median worker pay ratio: 3,431:1
served in a variety of executive roles at Abercrombie & Fitch, including Hollister brand president, before taking over as CEO in 2017. Employees there and other perks, but the median pay is among the lowest of any major corporation, especially compared with the eight-figure sum Horowitz takes home, which is 3,431 times more lucrative.
McDonald's Corporation
CEO: Stephen Easterbrook
CEO pay: $21,761,052 (2017)
Median worker pay: $7,017
CEO/median worker pay ratio: 3,101:1
Last year, Forbes asked In the article, Forbes used the world's biggest fast-food chain as an analogy for the executive-worker pay disparity. The answer is 3,101: That's how many years the median worker would have to work to match the $21.76 million CEO Stephen Easterbrook earns in just 365 days.
Gap
CEO: Arthur Peck
CEO pay: $15,587,186 (2017)
Median worker pay: $5,375
CEO/median worker pay ratio: 2,900:1
Roughly ; with the median among them a who makes less than $5,400 a year. CEO Art Peck, on the other hand, enjoyed a 75% pay raise after the global apparel chain's sales and profits improved.
Universal Corporation
CEO: George C. Freeman III
CEO pay: $3,711,199 (2018)
Median worker pay: $1,528
CEO/median worker pay ratio: 2,429:1
A $3.71 million salary is nothing to brag about in terms of annual compensation for CEOs of major corporations—until you compare it to the $1,528 the median Universal employee earns in the same time period. George C. Freeman III, who has been of since 2008, enjoys annual compensation that's more than 2,400 times that earned by the company's median employee.
Hanesbrands
CEO: Gerald W. Evans Jr.
CEO pay: $9,581,986 (2017)
Median worker pay: $5,237
CEO/median worker pay ratio: 1,830:1
, the largest everyday basic apparel company in the world, —one of whom is inching toward an eight-figure salary. Gerald W. Evans Jr. was elected CEO and appointed to the board of directors in 2016 after a decade of successful ventures at the executive level starting in 2006.
Children's Place
CEO: Jane Elfers
CEO pay: $15,757,167 (2017)
Median worker pay: $8,693
CEO/median worker pay ratio: 1,813:1
Since becoming president and CEO of the Children's Place in 2010, for resurrecting the brand, and she's been well compensated for her efforts. On Aug. 28, 2018, she cashed in when she for $134.93 per share for a total haul of $13.5 million.
Skechers U.S.A.
CEO: Robert Greenberg
CEO pay: $7,764,992 (2017)
Median worker pay: $5,140
CEO/median worker pay ratio: 1,512:1
a roller skate shop, sold electronic tweezers, imported antique clocks, opened a hair salon, and finally launched L.A. Gear before he and his family struck gold by founding Skechers U.S.A. as a utility boot collection and is now a $4.16 billion collection of globally distributed brands.
Williams-Sonoma
CEO: Laura Alber
CEO pay: $14,429,332 (2017)
Median worker pay: $9,771
CEO/median worker pay ratio: 1,477:1
Although women make up half the American workforce, they fill just 6% of CEO positions at the companies listed on the S&P 500. is counted among that small percentage. The self-made woman joined the consumer retail company at an entry-level position and worked her way all the way up to chief executive, a position she achieved in 2010.
Fresh Del Monte Produce
CEO: Mohammad Abu-Ghazaleh
CEO pay: $8,543,344 (2017)
Median worker pay: $5,833
CEO/median worker pay ratio: 1,465:1
Longtime CEO and chairman has helmed the Del Monte corporation since 1996. The company went public the following year. Abu-Ghazaleh also holds a variety of business and philanthropic interests across the Middle East and other parts of the world.
Yum! Brands
CEO: Greg Creed
CEO pay: $12,368,607 (2017)
Median worker pay: $9,111
CEO/median worker pay ratio: 1,358:1
Every time you eat at KFC, Pizza Hut, or Taco Bell, you contribute just a little bit to the compensation package of Greg Creed. spun off from PepsiCo in 1997 and currently opens an average of seven new restaurants every day. Of the company's 1.5 million global employees, half earn $9,111 or less.
Ross Stores
CEO: Barbara Rentler
CEO pay: $12,400,574 (2017)
Median worker pay: $9,437
CEO/median worker pay ratio: 1,314:1
In operation since 1982, of America's largest off-price retail chain. Barbara Rentler has been CEO of the company since June 2014. She occupied executive and other at Ross, however, since the mid-1990s.
Walmart
CEO: C. Douglas McMillon
CEO pay: $22,791,276 (2018)
Median worker pay: $19,177
CEO/median worker pay ratio: 1,188:1
C. Douglas McMillon is currently the , so in terms of the 265 million customers who shop at the company's 11,200 stores in 27 countries, the buck stops with him. McMillion started his career with the world's largest retailer, however, at the bottom. He joined the company in 1984 when he worked at a Walmart distribution center as an hourly associate.
Dick's Sporting Goods
CEO: Edward W. Stack
CEO pay: $10,035,570 (2017)
Median worker pay: $9,885
CEO/median worker pay ratio: 1,015:1
is the son of Dick Stack, who founded the global sporting goods chain, which now boasts more than 700 stores. Along with his siblings, Edward W. Stack bought the business from their father and went public in 2002.
Tiffany & Co.
CEO: Alessandro Bogliolo
CEO pay: $13,976,418 (2017)
Median worker pay: $32,055
CEO/median worker pay ratio: 783:1
The first company on this list where the CEO makes less than 1,000 times more than the median worker is the physical embodiment of upscale elegance: , the most famous jeweler in the world and a synonym for upscale style since 1837. After a series of executive positions with organizations like Bulgari and Sephora USA, of the company.
Home Depot
CEO: Craig A. Menear
CEO pay: $11,641,012 (2017)
Median worker pay: $21,095
CEO/median worker pay ratio: 552:1
is often photographed wearing the hardware chain's trademark orange apron, just like the average worker—but he makes more than 550 times the median Home Depot employee. Menear spent two decades with the company before taking the wheel, including roles in store operations, supply chain, and merchandising.
TripAdvisor
CEO: Stephen Kaufer
CEO pay: $47,933,462 (2017)
Median worker pay: $99,643
CEO/median worker pay ratio: 481:1
Just four CEOs , but a middle-of-the-pack employee at the online review, travel, dining, and entertainment site TripAdvisor also does well, raking in just shy of six figures. in 2000 and has served as president and CEO ever since.
GNC Holdings
CEO: Kenneth Martindale
CEO pay: $6,918,152 (2017)
Median worker pay: $16,901
CEO/median worker pay ratio: 453:1
Supplement and vitamin superstore GNC in 2016 elevated from CEO to CEO and chairman of the board. Even before the upgrade, Martindale earned nearly $7 million a year—more than 450 times the median GNC employee.
Hershey Company
CEO: Michele G. Buck
CEO pay: $10,274,601 (2017)
Median worker pay: $28,173
CEO/median worker pay ratio: 376:1
began putting smiles on the faces of kids of all ages 125 years ago, and today, the Hershey Company is helmed by —she's the 12th person to hold those titles in the company's history. Buck held several senior and executive positions dating back to 2005; before that, she worked for Kraft/Nabisco and in the Frito-Lay division of PepsiCo.
Vishay Intertechnology
CEO: Dr. Gerald Paul
CEO pay: $6,335,047 (2017)
Median worker pay: $17,550
CEO/median worker pay ratio: 361:1
Vishay Intertechnology is a major player in the semiconductor manufacturing industry, and while it might not be the most famous company on the list, it's important for its level of pay disparity. The $6.34 million earned by current represents a CEO-to-median-worker pay ratio of 361:1, which is the exact average that exists across corporate America as a whole.
Advance Auto Parts
CEO: Thomas R. Greco
CEO pay: $6,127,997 (2017)
Median worker pay: $18,460
CEO/median worker pay ratio: 329:1
is the first company on this list with a CEO-to-median-worker pay ratio that falls below the national average. The company's , has served as the company's top executive and president since 2016. He came to Advance Auto Parts from Frito-Lay, where he held several executive roles.
Aflac
CEO: Daniel P. Amos
CEO pay: $22,830,984 (2017)
Median worker pay: $76,089
CEO/median worker pay ratio: 300:1
The insurance company Aflac boasts one of the Fortune 200's longest-tenured CEOs as its chief executive, as well as one of the most successful executives in corporate America. The talents of go beyond business acumen—he's a creative force, as well. If you enjoy the Aflac TV commercials that feature the company's talking duck, you have Amos to thank—he launched the ad campaign in 2000.
Halliburton Company
CEO: Jeffrey A. Miller
CEO pay: $23,078,364 (2017)
Median worker pay: $79,636
CEO/median worker pay ratio: 290:1
Halliburton when the energy giant was awarded lucrative contracts as part of the Bush administration's invasion of Iraq. Much of that invasion was planned and justified by then-Vice President Dick Cheney, a former Halliburton CEO. Today the company's CEO is Jeff Miller, a former rodeo rider who has worked at the company for two decades. He earns 290 times the median Halliburton's hefty annual salary of nearly $80,000 a year.
Cigna
CEO: David M. Cordani
CEO pay: $17,595,792 (2017)
Median worker pay: $63,010
CEO/median worker pay ratio: 279:1
For health services giant Cigna, the arrival of 2019 represents a full decade under the . After taking the reins in 2009, Cordani has achieved several notable accomplishments, including massive growth both in company revenue and shareholder returns.
United Parcel Service
CEO: David P. Abney
CEO pay: $14,608,732 (2017)
Median worker pay: $53,443
CEO/median worker pay ratio: 274:1
from the bottom of the UPS ladder to the very top. Abney began his career as a part-time package loader to earn money while in college.
Coca-Cola Company
CEO: James Quincey
CEO pay: $10,582,230 (2017)
Median worker pay: $47,312
CEO/median worker pay ratio: 230:1
The median Coca-Cola employee earns more than $10,000 less than the The maker of the world's most famous soda pays its CEO——230 times that amount.
Ford Motor Company
CEO: James P. Hackett
CEO pay: $16,731,724 (2017)
Median worker pay: $87,783
CEO/median worker pay ratio: 199:1
holds the distinction of being the CEO of the first major American company that has a CEO-to-median-worker pay ratio under 200 to one. Hackett was the chairman of the Ford Smart Mobility division before he became the chief executive of the entire company.
Boeing Company
CEO: Dennis A. Muilenburg
CEO pay: $18,450,416 (2017)
Median worker pay: $111,204
CEO/median worker pay ratio: 166:1
is a $93 billion company with 140,000 employees—well-paid employees, at that. With a median company salary well into the six figures, CEO Dennis A. Muilenburg has to pull in nearly $18.5 million a year to meet the company's 166:1 pay ratio.
Harley-Davidson
CEO: Matthew S. Levatich
CEO pay: $11,116,676 (2017)
Median worker pay: $77,958
CEO/median worker pay ratio: 143:1
Harley-Davidson is the corporate embodiment of America's motorcycle culture. The man helming the ship is Matthew S. Levatich, who makes right around corporate America's median CEO pay package of . Levatich, who wears a black, leather biker jacket in his company portrait, held several high-level positions before joining the company 25 years ago.
Spirit Airlines
CEO: Robert L. Fornaro
CEO pay: $2,238,356 (2017)
Median worker pay: $36,149
CEO/median worker pay ratio: 62:1
Spirit Airlines earned some welcomed accolades in 2018 when the company delivered more on-time flights than United or American. earned the twin titles of president and CEO in January 2016 after a long career in the industry, including a stint as CEO of AirTran.
iRobot Corporation
CEO: Colin M. Angle
CEO pay: $5,961,342 (2017)
Median worker pay: $134,822
CEO/median worker pay ratio: 44:1
used his electrical engineering background to co-found iRobot, a company famous worldwide for its self-guiding, self-steering, disc-shaped robotic vacuum cleaners. Before his current tenure as CEO and chairman of the board of his company, Angle worked for NASA's Jet Propulsion Laboratory.
Facebook
CEO: Mark Zuckerberg
CEO pay: $8,852,366 (2017)
Median worker pay: $240,430
CEO/median worker pay ratio: 37:1
Do you spend much of your day with your face buried in your phone, scrolling through your Facebook feed? For that, , the man who founded the world's largest social media network while still in Harvard and later came to embody Silicon Valley tech culture. One of the richest and most controversial men in the world, Zuckerberg has a net worth of $53.9 billion—but he and his wife have pledged to give away 99% of their stake in Facebook over the course of their lives.
Dell Technologies
CEO: Michael S. Dell
CEO pay: $2,755,901 (2018)
Median worker pay: $83,139
CEO/median worker pay ratio: 33:1
could be the poster child for the American entrepreneurial spirit. Dell became the youngest CEO of a Fortune 500 company in 1992, just eight years after he founded his namesake company in his college dorm room.
GoDaddy
CEO: Scott W. Wagner
CEO pay: $1,505,000 (2017)
Median worker pay: $65,391
CEO/median worker pay ratio: 31:1
made shopping for domain names easy for the average computer user and has since branched out to offer a range of website services. is the chief executive of the company, which he joined in 2013 after a long career in global investing.
World Wrestling Entertainment
CEO: Vincent McMahon
CEO pay: $3,087,537 (2017)
Median worker pay: $107,556
CEO/median worker pay ratio: 29:1
Third-generation wrestling promoter is one of the most unconventional CEOs in all of corporate America. McMahon grew up in a trailer park in North Carolina, joined his father's small wrestling operation, World Wrestling Federation (WWF), in 1972, bought it in 1982, and transformed it into what is now the WWE, a $1 billion a year company that's broadcast in 150 countries.
USA Truck
CEO: James D. Reed
CEO pay: $1,039,205 (2017)
Median worker pay: $37,468
CEO/median worker pay ratio: 28:1
1,600 drivers work for , one of the largest over-the-road truckload carriers in the world, although it started with fewer than 10 tractor-trailers in 1983. Before joining the company in 2016, attained a long and successful resume in the industry, including the position of chief financial officer for Interstate Distributor Company.
Fitbit
CEO: James Park
CEO pay: $3,624,301 (2017)
Median worker pay: $160,198
CEO/median worker pay ratio: 23:1
Through its sleek, wrist-worn fitness watches, Fitbit brought individualized fitness wearables to the masses. , he also co-founded the company in 2007, when advanced sensors and wireless technology were just entering the mainstream.
Shutterfly
CEO: Christopher North
CEO pay: $1,556,800 (2017)
Median worker pay: $77,446
CEO/median worker pay ratio: 20:1
Shutterfly rode the digital photography wave to corporate superstardom by transforming regular old pictures into giftable keepsakes. , previously worked as managing director of Amazon UK, which he transformed into a $9 billion operation.
Gaia
CEO: Jirka Rysavy
CEO pay: $955,093
Median worker pay: $63,130
CEO/median worker pay ratio: 15:1
has cashed in on the wellness, meditation, and yoga craze with a sleek, user-friendly app that offers more than 8,000 videos, personalized instruction, and more than 300,000 minutes of ad-free programming. founded Gaia and currently owns 38% of outstanding company shares. Before that, he founded Corporate Express, which he built into a Fortune 500 company with $4.7 billion in revenue.
New York Mortgage Trust
CEO: Steven R. Mumma
CEO pay: $2,403,971 (2017)
Median worker pay: $234,836
CEO/median worker pay ratio: 10:1
doesn't have the brand recognition of Facebook or Walmart, but if you have a 401(k) or own an index fund, chances are good you own a little piece of the real estate investment trust (REIT). knows every facet of the company. Before he became CEO, Mumma served as chief investment officer and chief financial officer.
HealthStream
CEO: Robert A. Frist Jr.
CEO pay: $532,666 (2017)
Median worker pay: $71,037
CEO/median worker pay ratio: 8:1
in revenue in 2017. Only a touch over a half-million dollars went to its CEO, Jr., the first chief executive on this list to command only six figures in total compensation. The co-founder of the company, Frist has served as CEO and chairman of the board since 1990.
Overstock.com
CEO: Patrick M. Byrne
CEO pay: $444,576 (2017)
Median worker pay: $56,806
CEO/median worker pay ratio: 7:1
Patrick M. Byrne promised investors there was no cause for alarm when he , which caused a stir among industry watchers in 2018. when he launched Overstock.com during the height of the dotcom boom in 1999. He pulled in less than half a million dollars in 2017.
GoPro
CEO: Nicholas Woodman
CEO pay: $800,147 (2017)
Median worker pay: $151,857
CEO/median worker pay ratio: 5:1
is also a member of the small and exclusive six-figure CEO club, but it wasn't always that way. During the action/sports camera maker's boom years in 2014, Woodman was the highest-paid CEO in America when he was awarded a $285 million compensation package. By 2017, however, the boom was over, and the company was foundering, which led to the revocation of his bonus. Moving forward, he'll be getting an even steeper pay cut—the GoPro board determined he'll earn no more than a nominal fee of $1 until things improve.
Urban Outfitters
CEO: Richard A. Hayne
CEO pay: $41,480 (2018)
Median worker pay: $8,884
CEO/median worker pay ratio: 5:1
opened his first clothing shop with just $4,000 in the mid-1970s. Today, he and his wife own a quarter of the Urban Outfitters company, which operates 200 stores across a chain that does $3 billion in revenue. He has the of any company listed on the S&P 500.
Iovance Biotherapeutics
CEO: Maria Fardis
CEO pay: $850,000 (2017)
Median worker pay: $284,354
CEO/median worker pay ratio: 3:1
has a long history of developing exciting and innovative treatments through not just executive roles, but also medical and scientific positions at a string of major pharmaceutical companies. As CEO of , she's leading the as a cancer treatment. The median worker at Iovance earns nearly $285,000 a year, just one third the total of Fardis' compensation package, give or take a few thousand.
Box
CEO: Aaron Levie
CEO pay: $275,200 (2018)
Median worker pay: $181,100
CEO/median worker pay ratio: 2:1
in 2005, the company consisted of only him, his three co-founders and a handful of staff. Today, Box employs more than 2,000 people, the median of which is paid a little less than half the value of Levie's $275,200 compensation package.
Berkshire Hathaway
CEO: Warren Buffett
CEO pay: $100,000 (2017)
Median worker pay: $53,510
CEO/median worker pay ratio: 2:1
Nicknamed the Oracle of Omaha, is probably the most successful investor of all time. Now worth $81.1 billion, Buffett first bought stock at age 11 and filed his first tax return at age 13. The founder of Berkshire Hathaway, which owns more than 60 companies, Buffett has given $35 billion to charity and has pledged to eventually donate 99% of his fortune.
Wayfair
CEO: Niraj Shah
CEO pay: $83,200 (2017)
Median worker pay: $36,645
CEO/median worker pay ratio: 2:1
Wayfair, one of the largest online homeware sites in the world, took in $6.2 billion in revenue in 2018 alone. The company was , who serves as CEO and co-chairman. Prior to Wayfair, Shah founded other successful startups and held a string of high-level, executive positions dating back to the 1990s.
Tesla
CEO: Elon Musk
CEO pay: $49,920 (2017)
Median worker pay: $54,816
CEO/median worker pay ratio: 1:1
Although his SpaceX company is aiming to revolutionize travel in the cosmos, other company, Tesla, is doing the same thing here on Earth. Founded in 2003, Tesla is a leader in the emerging market of fully electric cars. and ranks #4 in terms of lowest salaries among all S&P-listed company CEOs.