List of the highest paid CEOs in America in 2020

The American agency “Bloomberg” revealed the list of the highest salaries received by the heads of companies in America during the past year 2020.The British billionaire and founder of Tesla and SpaceX, Elon Musk, topped the annual Bloomberg Agency list with a salary of $6.66 billion, as compensation during 2020, which is 12 times more than the salary of the second highest paid CEO. .

Musk did not receive billions in cash, but was compensated in the form of options awards, which gave him the right to acquire Tesla shares at a specified price.
This is the third time Elon Musk has topped Bloomberg’s list of the highest paid CEOs in America, and his hefty 2020 salary ($6.66 billion) is an increase from his estimated 2019 compensation of $595 million.In second place on the list was Mike Pecos, CEO of Oak Street Health, who received $568 million, and his compensation consists of salary, bonus, stock awards, options awards and privileges.

Trevor Pezdek and Douglas Hirsch, co-CEOs of GoodRX Holdings, ranked third and fourth, each with more than $497 million, primarily through stock grants.The surprise of this year’s list was the drop in the American company “Apple”, Tim Cook, to the eighth place in this year’s list, down from second place in last year’s list, with a compensation of $265 million.

Eric Wu, CEO of Opendoor, Alex Karp of Palantir, and Chad Richison of Paycom Software ranked fifth, sixth and tenth, respectively.

From Oak Street Health’s Mike Pecos in second place, COO Jeffrey Price came in seventh ($356 million), while the company’s director, Griffin Myers, came in ninth place ($221 million).

The “Bloomberg Pay” index is an annual tally of the highest-paid executives who lead publicly traded US companies, compiled using regulatory filings filed with the US Securities and Exchange Commission.

This annual outcome includes salary, performance, discretionary bonuses and pensions as well as the value of any stock options or grants received during the year, and deferred compensation is also included.

According to Bloomberg, the typical CEO of the 1,000 largest listed companies in America receives 144 times the wages of their average employee.

US Senators Bernie Sanders and Elizabeth Warren introduced a bill last March that aims to penalize companies that pay their CEOs more than workers, and proposes a 0.5 percentage point tax increase for companies that pay their leaders 50 to 100 times more than the average worker. .





These were the details of the news List of the highest paid CEOs in America in 2020 for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Saudi Arabia, China discuss collaboration in urban development during Beijing meeting

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]