The gap between workers and C.E.O.s widened during the pandemic as public companies granted top executives some of the richest pay packages ever. A co

Meager Rewards for Workers, Exceptionally Rich Pay for C.E.O.s

submited by

Style Pass

2021-06-14 20:00:09

The gap between workers and C.E.O.s widened during the pandemic as public companies granted top executives some of the richest pay packages ever.

A comprehensive survey of the 200 highest-paid chief executives at public companies conducted for The New York Times by Equilar, an executive compensation consulting firm, revealed some of the biggest pay packages on record, and showed that the gap between C.E.O.s and everybody else widened during the pandemic.

Alexander Karp, the chief executive of Palantir, a data mining company that gets over half its revenue from government contracts, was the highest paid C.E.O. at a publicly traded company, with compensation worth $1.1 billion.

Based on hundreds of company filings, the survey found that only 13 female C.E.O.s made the top 200 list. Dr. Lisa Su, chief executive of Advanced Micro Devices, a computer chip maker, was the highest paid woman, with compensation of $40 million, but ranked only 40th overall.

DoorDash, the food delivery company that relies on gig workers, and whose business ballooned as diners ordered in during the pandemic, awarded Tony Xu, its C.E.O., compensation worth $414 million. That put him in second place in the survey.