S&P 500 CEO compensation increased 10% in 2024: Report

CEO compensation at S&P 500 companies rose 9.7% in 2024, according to an annual study from Equilar and The Associated Press.

The May 29 analysis includes CEOs who served at an S&P 500 company for at least two years and whose company filed a proxy statement between Jan. 1 and April 30.

The median total compensation for the CEOs in the study was $17.1 million in 2024 — a nearly 10% increase from 2023. The prior year saw a large jump, with compensation rising 12.6% from 2022.

Stock awards made up the largest portion of pay, accounting for 71.6% of median compensation.

Here are the 10 highest-paid S&P 500 CEOs in 2024, based on total compensation:

Patrick Smith
Axon Enterprise
Total compensation: $164,525,721

H. Lawrence Culp Jr.
General Electric
Total compensation: $87,393,876

Timothy Cook
Apple
Total compensation: $74,609,802

David Gitlin
Carrier Global
Total compensation: $65,554,845

Theodore Sarandos
Netflix
Total compensation: $61,922,397

David Simon
Simon Property Group
Total compensation: $61,394,770

Marc Benioff
Salesforce
Total compensation: $55,074,656

Shantanu Narayen
Adobe
Total compensation: $52,390,182

David Zaslav
Warner Bros. Discovery
Total compensation: $51,918,563

Glenn Fogel
Booking Holdings
Total compensation: $44,837,665