2021 Marks the Beginning of the Seventh Annual Report of the S & P500’s 100 Most Overpaid CEOs: Are Fund Managers Asleep at the Wheel? This means that despite various categories of people still struggling to make ends meet, these CEOs of the world’s leading companies are overpaid by the minute. They are legitimately billionaires who have established a great legacy in their years of work.
You may know some or all of them. Google CEO Sundar Pichai takes the lead.
Sundar Pichai is the CEO of Alphabet Inc which segments Google, one of the largest companies in the world. Receive a payment of USD $ 280,621,552 and an overpayment of USD $ 267 million! His worker to CEO ratio is 1085: 1 as he lives his success story to inspire everyone at Google and the world. He is of Indian origin, born in Chennai, India, and is a student at IIT Kharagpur.
David Zaslav is the CEO of Discover Inc and receives a CEO salary of $ 45,843,912 per year. In addition to this, your overpayment amounts to USD $ 33,823,935. He has been the president of his company from 2007 to 2018, overseeing all the main operations of the company.
Larry J. Merlo
Larry J. Merlo is the CEO of CVS Health, the largest American healthcare chain issuing medical products, healthcare supplements, vaccines, and more. At the age of 65 this year, he finally retired from his position. Larry earns a CEO salary of $ 36,451,749 annually with an additional income of $ 24,311,079.
John. C. Plant
Howmet Aerospace CEO John. C. Plant served his interim period until 2020, receiving an annual salary cut of USD $ 51,712,578. He also received an additional income of $ 39,321,473. The company is the world’s largest manufacturer of engineered metal products. The products and solutions are widely used for aerospace applications.
Who does not know Robert Iger? He served as CEO of the Walt Disney Companies from 2005 to 2020 and recently acquired the position of Executive Chairman. Receive a salary cut of USD $ 47,517,762 annually with additional income of $ 34,885,856.
Source: yahoo news