Nadella, Indra Nooyi, Bhavesh Patel make it to highest-paid CEOs list
New Delhi, April 28, 2016:
Indian origin Indra Nooyi, Bhavesh Patel and Satya Nadella made it to the list of 100 highest-paid CEOs in the world compiled by compensation information provider Equilar.
LyondellBasell Industries CEO Patel was placed sixth on the list with a total compensation of $24.5 million while PepsiCo's India Nooyi was at the eighth position with a pay cheque of $22.2 million.
Nadella, the Microsoft CEO made the cut at 26th position in the 100 highest-paid CEOs list with a total compensation of $18.3 million.
Oracle's Mark V. Hurd and Safra A. Catz topped the 100 highest paid global CEOs list with a total compensation of $53.2 million each.
Robert A. Iger of Walt Disney ($43.5 million), David M. Cote of Honeywell International ($33.1 million), General Electric's Jeffrey R. Immelt ($26.4 million), Randall L. Stephenson of AT&T ($22.4 million), Rupert Murdoch of Twenty-First Century Fox ($22.2 million) and James P. Gorman of Morgan Stanley ($22 million) made up the top 10.
According to Equilar, the median pay was $14.5 million in fiscal 2015 which grew by three percent from the previous year.
As many eight women CEOs made it to the list. "Median compensation for these eight women was $20 million in 2015, while average pay was $22.7 million," said Equilar.
California-based privately held Equilar generates information on executive compensation packages.