Patel, Nooyi, Nadella among highest-paid CEOs globally

Wednesday 04th May 2016 06:13 EDT
 
 

Three executives of Indian-origin have made to the list of 100 highest-paid CEOs compiled by Equilar, with two of them making to the top 10. Chemicals company LyondellBasell Industries' Bhavesh Patel ranked sixth on the list with a total compensation of $24.5 million, PepsiCo's Indra Nooyi ranked eighth on the list with a total pay of $22.2 million and Microsoft CEO Satya Nadella stood on 26, with a total of $ 18.3 million.

Mark V Hurd and Safra A Catz of Oracle topped the list with a total salary of $53.2 million. The compilation included Robert A Iger of Walt Disney, David M Cote of Honeywell International, General Electric's Jeffrey R Immelt, Randall L Stephenson of AT&T, and Rupert Murdoch of Twenty-First Century Fox.

The list is a snapshot of companies that file annual proxy statements before April 1 and aims to provide an early look at CEO pay trends for 2015. Apple is the largest company by revenue on the list, totalling $233.7 billion in 2015, followed by Berkshire Hathaway with $210.8 billion. “Notably, Tim Cook of Apple was paid below the median ($10.3 million) and Warren Buffett of Berkshire Hathaway was by far the lowest-paid CEO in the Equilar 100, earning $470,244 in total compensation last year,” it added.


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