FACTBOX-How Elon Musk's pay package compares to other top CEOs in United States

Despite a recent dip in Tesla's stock shrinking the pay value to about $40 billion, the package remains much bigger than CEOs of other major U.S. companies. Below is a list of total compensation of CEOs of top 10 U.S. companies on market capitalization basis:


Reuters | Updated: 19-04-2024 00:05 IST | Created: 19-04-2024 00:05 IST
FACTBOX-How Elon Musk's pay package compares to other top CEOs in United States

Tesla's attempt to seek a shareholder re-vote on CEO Elon Musk's record-breaking pay that was voided by a Delaware judge in January has once again put the spotlight on CEO compensation in corporate America.

Unlike the conventional packages, Musk's $56 billion pay did not include a salary or cash bonus. Instead, it sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years from 2018. Despite a recent dip in Tesla's stock shrinking the pay value to about $40 billion, the package remains much bigger than CEOs of other major U.S. companies.

Below is a list of total compensation of CEOs of top 10 U.S. companies on market capitalization basis:

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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