Economics/Class Relations

Meet the 10 most overpaid CEOs in the Fortune 500

By Alyson Shontell, Fortune.

This week, Fortune published the Fortune 500, our annual list of America’s biggest corporations by revenue. Our 68th edition of the list is marked by record-setting highs for the companies on the 500, which collectively grew their revenue by 17% and their profits by 114% over the past year.

This year’s edition is also notable for breakthrough firsts, with several companies making their Fortune 500 debut. Vaccine maker Moderna clocked in at No. 195. Housing marketplace Zillow, which benefited from the red-hot housing market that caught fire during the pandemic, comes in at No. 424. And cryptocurrency exchange Coinbase (No. 437) made history as the first crypto company to join the 500.

This yearly herculean effort would not be possible without our incredible newsroom. Their work goes beyond crunching the numbers and compiling the list; they also bring you expert analysis on the strategies behind the companies and the corporate leadership behind the 500. Explore the Fortune 500 list in full and read their stories below:

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Maximum Wage: Meet the 10 Most Overpaid CEOs in the Fortune 500—plus the 10 Most Undervalued

In 2021, overall U.S. wages fell 2.4% on average, when adjusted for soaring inflation. But CEO pay continued to skyrocket. In fact, the Fortune 500 CEOs that we evaluated earned a median total compensation of $15.9 million, up 30% from a year earlier. This year, for the first time, Fortune compared those leaders’ pay to their performance, based on returns for shareholders, to identify the Most Overpaid.

On the other hand, some Fortune 500 CEOs may actually deserve a raise—at least when accounting for how much money they’ve made for their investors.

BY MARIA ASPAN AND SCOTT DECARLO

MAY 27, 2022

 
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