In 2021, the top male CEOs in the world are those who have mastered the art of managing and leading corporates to new heights. Leaders in this field will be able to effectively communicate with their employees, motivate them to perform at their best, and create a successful company culture. This will require strategic thinking, strong leadership skills, and excellent communication abilities.
In return they are rewarded handsomely, making them one of the highest paid individuals on planet Earth. The following is a full list of the top 10 highest-earning male executives.
Top 10 Highest Paid Male CEOs In 2021
10- Reed Hastings
Company Name- Netflix
Total Compensation- $40,823,725
The Securities and Exchange Commission sent Hastings’ proxy statement for 2022, which included a total compensation package of $40.8 million, including $39.7 million in stock awards and $650,000 in salary. The SEC’s submission provided the information in the following manner: Reed Hastings, who is a co-founder and co-CEO of Netflix, suffered a decrease of 6 percent in his compensation over the course of the last year.
9-Thomas M. Rutledge
Company Name- Charter Communications
Total Compensation- $41,800,961
In 2021, Tom Rutledge, the chairman, and CEO of Charter Communications got $41.8 million in remuneration, a little increase from $38.8 million the year before and $8.74 million in 2019.
Rutledge’s basic compensation for 2021 was $2.5 million, according to an SEC filing from Charter, in which John Malone’s Liberty Broadband holds a large share. Rutledge received $30 million in option awards for the second year in a row in 2021, following the same amount in 2020.
8- Ronald F. Clarke
Company Name- FLEETCOR Technologies
Total Compensation- $57,923,473
As the chief executive officer of FLEETCOR Technologies Inc. and chairman of the company’s board of directors, Ronald F. Clarke made a combined 57 million dollars in 2021.
7- Hock E. Tan
Company Name- Broadcom
Total Compensation- $60,703,627
As President and Chief Executive Officer of BROADCOM INC, Hock E. Tan was awarded a total compensation package worth $60,703,627. Non-monetary remuneration contributed just $46,819 to this total, which was made up of a salary of $1,200,000, stock options and bonuses that added up to a total of $54,056,808, and other benefits.
6- Jay A. Snowden
Company Name- Penn National Gaming
Total Compensation- $65,887,214
A share of ownership equal to 2.48 percent of Penn National Gaming Inc. As a result of an increase in the gaming and esports company’s share price, CEO Jay Snowden’s total remuneration skyrocketed to $65.89 million in 2021, up from a meager $3.90 million in the year 2020. According to the business’s 2021 proxy statement, which was delivered late on Tuesday, Snowden’s basic salary would increase from $1.22 million in 2020 to $1.79 million in 2021. This information was provided by the corporation.
5- James Dimon
Company Name- JPMorgan Chase
Total Compensation- $84,402,659
According to the proxy statement provided by the bank, Jamie Dimon’s total compensation increased from $31.7 million to $84.4 million throughout the course of his tenure as CEO of JPMorgan Chase & Co. The total amount of option awards for 2021 is $52.6 million, representing an increase over the 0 option awards that were issued in 2020.
4- Timothy D. Cook
Company Name- Apple
Total Compensation- $98,734,394
In fiscal 2021, Apple CEO Tim Cook was paid $98.73 million, according to an SEC report released on Thursday.
As previously mentioned, the majority of his remuneration comes from an unvested $82 million stock award given on the first day of Apple’s fiscal 2021.
3- William R. McDermott
Company Name- ServiceNow
Total Compensation- $165,802,037
William R. McDermott’s estimated net worth is at least $165.8 million. The bank’s proxy statement confirms this. Over the past 15 years, Mr. Dermott has sold more than $26,575,844 worth of NOW stock, of which he owns more than 5,068 shares. His total compensation as President, CEO, and director of ServiceNow Inc. is $41,682,300.
2- David M. Zaslav
Company Name- Warner Bros. Discovery
Total Compensation- $246,573,481
According to a disclosure in a securities filing, Discovery Inc. CEO David Zaslav was paid a total of $246.6 million in 2021, including roughly $203 million in option awards, more than sextupling his salary from the previous year.
1- Peter M. Kern
Company Name- Expedia Group
Total Compensation- $296,247,749
In 2021, Vice President and Chief Executive Officer Peter Kern were paid total compensation of 296 million dollars.
There is a cash reward totaling $157 million, and there is a stock award totaling $137 million of the total amount. A year’s salary for him often fell somewhere in the area of $850,000. It is essential to keep in mind that the stock and option awards only reflect the fair value as of the grant date, not the actual value at the time the awards are actually earned.
Although there are a few new faces on this list, the top ten earners are all experienced leaders with a proven track record. As the economy continues to strengthen, these executives will be rewarded handsomely for their efforts.
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