Which are the top-earning U.S. CEOs? The top earners — and how they’re doing it
NEW YORK — The top earning U..
S.-based CEOs in 2018 are: CPA (CPA) David A. Sacks of Sacks & Associates Inc., a $6 billion public company, has a total annual income of $5.3 billion.
The company also has revenue of $1.2 billion, making it one of the biggest publicly traded companies in the world.
CEO J. David Walker of Walker, Walker &.; Hart, which has revenues of $2.1 billion, made $1 million in compensation in 2018.
Including stock options and other compensation, Walker earned $2 million in 2018, according to Forbes.
Walker, who also manages a company that sells health care technology to medical providers, earned $1,000,000 in total compensation in 2017.
His total compensation is $2,400,000 more than his predecessor, Thomas A. Cusick, who took over in March 2017.
Walker also owns a $1 billion home in Omaha.
“I am honored and humbled to have the opportunity to work for an employer of such great breadth and depth and I am grateful to all who have supported my efforts and the company,” Walker said in a statement.
CPA James E. Murphy of CPA Services Corp. has earned $3.3 million in total annual compensation in the last year, according.
Murphy’s total compensation was $1.,000,001 in 2018 and $1 and $2 in 2017, according, Forbes.
Murphy, the president and CEO of the consulting firm, earned a $7.5 million salary last year.
Murphy is also chairman of the board of directors of the company.
Pete O’Brien of Cigna Corp. earned $5 million in the year, Forbes said.
He is the third-highest paid U.K.-based CEO, after Sir James Goldsmith, who earned $6.9 million, and Sir Richard Branson, who was paid $8.5-million in 2018 to run Virgin Group PLC, according Forbes.
The top-grossing U. S.-based chief executive in 2017 was William C. Dudley, who received $13.2 million from the London Stock Exchange.
Corporate governance Corporations are supposed to provide the public with a “transparency and accountability system that promotes shareholder value, promotes economic growth and fosters innovation.”
In 2017, Corporate Accountability International published a report titled Corporate Governance: The Biggest Threat to the World’s Economic Creativity.
Its authors said: “Corporates are accountable to shareholders for their actions, but it is a challenge to get these accountable corporations to live up to the high standards of governance and corporate governance that are expected of a corporation.”
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