The highest total compensation package for a CEO in the US in 2023 reached nearly $199 million.
In 2023, Jon Winkelried, the CEO of TPG, topped the list of highest-paid leaders in the US, with a total compensation package of nearly $199 million. This figure encompasses various elements that constitute a CEO's remuneration beyond just a base salary.
Right below him on the list was Harvey Schwartz of the Carlyle Group, who was granted a substantial $187 million in 2023. Notably, this amount was more than 800 times what the median Carlyle employee received in the same year, illustrating the significant scale of executive compensation.
Top CEO Compensation in 2023
To provide a clear overview of the highest compensations, consider the following figures:
CEO Name | Company | Total Compensation (2023) | Key Details |
---|---|---|---|
Jon Winkelried | TPG | Nearly $199 million | Ranked as the highest-paid CEO. |
Harvey Schwartz | Carlyle Group | $187 million | Received over 800 times the median employee salary. |
These total compensation packages typically include a mix of:
- Base Salary: A fixed annual payment.
- Cash Bonuses: Performance-based incentives paid in cash.
- Stock Awards: Shares of the company granted to the CEO, often vested over time.
- Option Awards: Rights to purchase company stock at a predetermined price.
- Non-Equity Incentive Plan Compensation: Payments based on achieving specific financial or operational targets.
- Other Compensation: Benefits such as perquisites, retirement contributions, and deferred compensation.
Understanding these components helps in grasping the full scope of executive pay, which is designed to incentivize performance and align leadership interests with shareholder value.