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- The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) issued a report on the highest-paid tech CEOs of 2018.
- Oracle, PayPal, and DXC Technology are the S&P 500 tech companies that paid their CEOs the most, according to the report.
- AFL-CIO finds that the average CEO salary in 2018 was $14.5 million, resulting from a $500,000 increase annually in the past decade. Nonsupervisory workers only made an average of $40,000, for comparison.
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New data from The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), the largest federation of labor unions in the United States, tells us which CEOs were the highest paid in 2018.
AFL-CIO finds that CEO salaries at S&P 500 companies have been increasing by $500,000 annually for the past decade. In 2018, the average annual salary of a CEO was $14.5 million, as compared to a $40,000 salary for nonsupervisory and production workers.
Of those S&P 500 companies, Oracle and PayPal are among the tech companies that pay their chief execs the most.
Here are the top 10 highest paid tech CEOs, according to the report:
10. Mastercard CEO Ajay Banga: $20.4 million
Taylor Hill / Stringer / Getty Images
9. Former Intuit CEO Brad Smith: $21 million
Stephen McCarthy/Getty Images
Smith stepped down as CEO at the end of 2018 after an 11-year run.
8. Cisco CEO Chuck Robbins: $21.3 million
Cisco
See the rest of the story at Business Insider
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Source: Business Insider – raydin@businessinsider.com (Rebecca Aydin)