Home Life Insurance Here is How A lot Funding Agency CEOs Have been Paid in 2023

Here is How A lot Funding Agency CEOs Have been Paid in 2023

Here is How A lot Funding Agency CEOs Have been Paid in 2023


Compensation for CEOs at main monetary corporations ranged from roughly $25 million to $35 million in 2023, with pay rising sharply for some and dropping for others.

Exactly how traders view government compensation packages could rely, nonetheless, on which reported figures they contemplate.

Corporations have lengthy reported wage, incentive and different pay in abstract compensation tables, as required, of their filings with the Securities and Alternate Fee, however these numbers don’t essentially mirror compensation paid for that yr. Abstract compensation tables embody oblique compensation, such because the change in pension worth.

So corporations additionally report adjusted figures, representing compensation instantly or truly paid for a given yr, typically pointing to those when highlighting CEO compensation of their annual stories.  

As Goldman Sachs notes in its latest proxy assertion, SEC guidelines require corporations to incorporate within the abstract compensation tables solely these equity-based awards granted in that yr, slightly than awards granted after year-end for companies carried out through the yr.

Money compensation should be reported for the yr earned, even when paid after year-end, Goldman notes, including that it usually grants inventory awards and money variable compensation for a yr after the yr’s finish.

The Wall Road Journal reported in 2023 that corporations had been making ready to report, for the primary time, how a lot their executives had been truly being paid for a given yr, together with counting inventory award features and losses slightly than the worth given when awards had been granted. The charts under present each strategies of reporting CEO compensation, and the year-over-year adjustments from 2023:

Listed here are the key monetary agency CEO pay figures now obtainable for 2023. These embody particulars from the abstract compensation tables, besides the place in any other case famous, plus the bottom-line alternate options that the corporations report. The executives are ranked by whole compensation for 2023.



Please enter your comment!
Please enter your name here