CEOs like Alphabet’s Sundar Pichai and Microsoft’s Satya Nadella are among the top 100 most overpaid CEOs.
This was revealed in a new report from As You Sow.
Founded in 1992, As You Sow is a non-profit leader in shareholder advocacy.
As You Sow’s list instead of using the size of a CEO’s salary, focuses on the corporate responsibility.
This way they are able to identify whether or not a CEO is being overpaid.
As You Sow takes three main factors into account:
- the amount of extra dollars a CEO receives based on past company performance and pay,
- the number of shareholders who voted against a CEO’s pay package, and
- the ratio comparing the executive’s compensation to the company’s median employee pay. The latter was weighed less heavily.
According to their report, Alphabet’s Sundar Pichai receives a pay of $280,621,552 – the highest overpaid CEO.
Microsoft’s CEO Nadella makes $ 42,910,215.
Facebook’s CEO Mark Zuckerberg has a pay of $23,415,973.
According to this study, nine companies that are in the list are performing worse than those that have never been mentioned.
These nine companies include: Discovery, Walt Disney, Comcast, AT&T, Goldman Sachs, IBM, McKesson, Ralph Lauren, and Regeneron.
As You Sow has published this report annually since 2015.
