Comcast’s Roberts Had One of America’s Biggest CEO Paychecks Last Year
The New York Times has compiled a fresh list that ranks 200 of the highest-paid CEOs in the country, and Comcast CEO Brian L. Roberts made the top 20.
The ranking is based on Equilar 200 Highest-Paid CEO data that collects CEO compensation information for companies with annual revenue of at least $1 billion.
Roberts’s 2016 compensation is listed as $28.6 million up from $27.5 million in 2015, a four percent increase. The list also includes a breakdown of the CEO’s earnings: $3 million salary; $11 million bonus; $4 million in perks; $5 million in stocks; and $5 million in options.
Roberts wasn’t the only telecommunications CEO high on the list. Charter Communications CEO Thomas Rutledge took the number one spot with $98 million in compensation in 2016, boosted by $77 million in options. (Roberts and Rutledge recently entered an operational partnership to develop and strengthen their wireless technologies.)
Using the same Equilar data, the AP determined that the 200 CEOs brought in $11.5 million on average in 2016, an 8.5 percent raise from 2015, the largest raise since 2013. “The bump reflects how well stocks have done under these CEOs’ watch,” the publication wrote. “Board of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor’s 500 index returned 12 percent last year.”
To see how Roberts’ compensation stacks up in Philly (or, rather, to see how everyone else’s stack up against his), check out our recent money guide.
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