This story is a part of a brand new sequence of options with regards to success, Benzinga Inspire.
Although ladies make up 50% of the human inhabitants, they’re massively underrepresented in management roles, though the development is, albeit very slowly, beginning to shift.
This 12 months, for the primary time ever, greater than 10% of CEOs on the helm of firms on the Fortune 500 record are ladies, with 53 out of the five hundred firms being led by a girl, in accordance with Footwear News. That quantity is up from 8.1% in 2021.
In phrases of publicly traded firms on the S&P 500, 41 are led by ladies, that means simply 8.2% of firms on the index are run by a girl, in accordance with Catalyst.
Although not one of the prime 5 highest-paid ladies on the record are additionally the highest 10 richest ladies on the earth, which is the correlation that exists with lots of the richest males on the earth, the highly effective ladies lead multi-billion-dollar firms in a number of sectors.
While men and women ought to really feel inspired that extra ladies are main mega-cap publicly traded firms, Californians, who’ve been struggling rolling blackouts for years whereas paying exorbitant utility payments, will not be blissful to know the CEO of PG&E Corporation PCG, Patricia Kessler Poppe, is the best paid lady of any firm on the S&P 500.
So who’re these rich ladies main huge firms and the way a lot do they make?
Below is a take a look at the highest 5 highest paid ladies CEOs main firms on the S&P 500, ranked by complete adjusted compensation in 2021.
- As the highest-paid CEO, Poppe introduced in $51.2 million in annual compensation. The prime govt of Pacific Gas & Electric makes 255 instances her common worker’s wage. Shares of Pacific Gas & Electric have surged not too long ago, rising about 66% since June 2022, which has additionally helped to extend Poppe’s wealth.
- Lisa Su, CEO of Advanced Micro Devices, Inc AMD, ranks second-highest on the record, with complete annual compensation of $29.5 million. Su makes 230 instances greater than the typical AMD worker. AMD inventory is up 77% since October 2022 however down 41% from its peak in 2021.
- General Motors Company GM CEO Mary Barra is the third highest-paid CEO, bringing in a complete of $29.1 million in compensation. Barra makes 420 instances greater than the typical GM worker. The legacy-turning-EV producer inventory has plunged 50% since Jan. 5, 2022.
- The fourth highest-paid is Rosalind Gates Brewer, who rakes in $28.3 million in complete compensation. The Walgreens Boots Alliance Inc WBA CEO makes a whopping 1,084 instances greater than her common worker. The inventory has declined over 40% since Jan. 11, 2022.
- Carol Tome, CEO of United Parcel Service, Inc UPS is available in ranked at quantity 5 on the record. Tome takes dwelling $27.6 million in annual compensation, 548 instances greater than her common worker. UPS inventory is down about 20% from Feb. 1. 2022.
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Photo: Sergey Nivens by way of Shutterstock
