Although investors ended 2018 on a horrid note with Dow Jones, Nasdaq and S&P all shedding from from 3.9% to 6%, the CEOs of the Tech companies managed to withstand the financial storm and even register a growth in their earnings.
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), the largest federation of labor unions in the US, finds that SEO salaries at S&P companies have registered a growth of $500,000 annually.
The report issues by (AFL-CIO) mentions that the average annual salary of a CEO was $14.5 million. On the other hand nonsupervisory / production, workers wages were found to be around $40000.
So, who tops the list of the highest paid CEO of 2018? We have the top 10 covered below.
10. Ajaypal Singh Banga, Mastercard CEO
Earning – $20.4 million
He is the current president and chief executive officer of Mastercard. Mastercard announced on April 12, 2010 that Banga, previously Mastercard’s president and chief operating officer, had been named by the Board of Directors to serve as the company’s president and chief executive officer, effective July 1, 2010.
9. Brad Smith, former Intuit CEO
Earning – $21 million
Brad D. Smith served as Intuit’s president and chief executive officer between 2008 and 2018. He currently serves as the executive board chairman of Intuit and the chairman of Nordstrom.
8. Chuck Robbins, Cisco Systems CEO
Earning – $21.3 million
Charles H. Robbins serves as the chairman and chief executive officer (CEO) of Cisco Systems.
7. Pierre Nanterme, former Accenture CEO
Earning – $22.3 million
Pierre Nanterme was a French business executive. He was the chairman and chief executive officer (CEO) of Accenture. Nanterme was diagnosed with colon cancer in 2016. Twenty days after stepping down as CEO, on 31 January 2019, Nanterme died in France at the age of 59.
6. Satya Nadella, Microsoft CEO
Earning – $25.8 million
Satya Narayana Nadella is an Indian American business executive who currently serves as the Chief Executive Officer (CEO) of Microsoft. Before becoming chief executive, he was Executive Vice President of Microsoft’s Cloud and Enterprise Group, responsible for building and running the company’s computing platforms.
5. Marc Benioff, Salesforce co-CEO
Earning – $28.4 million
Marc Russell Benioff is the founder, chairman and co-CEO of Salesforce.
4. Shantanu Narayen, Adobe CEO
Earning – $28.4 million
Shantanu Narayen is an Indian American business executive, and the chairman and CEO of Adobe Inc. Prior to this he had been the president and chief operating officer since 2005.
3. John Michael Lawrie, DXC Technology CEO
Earning – $32.2 million
Mr. John Michael Lawrie, also known as Mike, has been President and Chief Executive Officer of DXC Technology Company since April 1, 2017.
2. Daniel Schulman, Paypal CEO
Earning – $38.8 million
Daniel Schulman is president and CEO of PayPal and chairman of Symantec, formerly serving as group president of enterprise growth at American Express.
1. Mark Hurd, Oracle CEO
Earning – $108.3 million
Topping the list is Mark Hurd. Mark Vincent Hurd serves as the CEO of Oracle Corporation and also is also on the Board of Directors. He previously served as Chairman, Chief Executive Officer, and president of Hewlett-Packard, before resigning in 2010.