21 June 2021 20:02

Indian-origin CEOs among the most overpaid, says new report

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
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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:

  1. the amount of extra dollars a CEO receives based on past company performance and pay,
  2. the number of shareholders who voted against a CEO’s pay package, and
  3. the ratio comparing the executive’s compensation to the company’s median employee pay. The latter was weighed less heavily.
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According to their report, Alphabet’s Sundar Pichai receives a pay of $280,621,552 – the highest overpaid CEO.

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Microsoft’s CEO Nadella makes $ 42,910,215.

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Facebook’s CEO Mark Zuckerberg has a pay of $23,415,973. 

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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.

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