- 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 of 2018, according to the report:
10. Mastercard CEO Ajay Banga: $20.4 million
9. Former Intuit CEO Brad Smith: $21 million
Smith stepped down as CEO at the end of 2018 after an 11-year run.
8. Cisco CEO Chuck Robbins: $21.3 million
7. Former Accenture CEO Pierre Nanterme: $22.3 million
Nanterme, who led Accenture during 8 years as CEO, passed away in the January of 2019. He was 59 years old.