Only 8% of highest-paid CEOs are women

Women are 8% of the 100 highest-paid CEOs

What you probably already know: The Wall Street Journal has released its annual list of the highest paid CEOs and there are eight women in the top 100. The median CEO pay for S&P 500 companies, including equity and cash, is $15.7 million, up from $14.5 million last year.

Why? This comprehensive list looks at company performance as well as complete CEO compensation to create the ranking, so is more thorough than many lists. The number of women and amount of their pay has declined. Last year, there were nine women on the list and the first woman, Accenture CEO Julie Sweet, appeared at No. 18. This year, Sweet remains on the list and is still the first woman, but appears at No. 28.

What it means: CEO pay moves around considerably year over year. In 2022, packages declined for the first time in a decade, but in 2023 made up the difference and then some. The No. 1 highest paid CEO is Hock Tan, the CEO of Broadcom, whose pay package was worth $161.83 million.

Here are the women in the top 100 on this year’s list:

No. 28: Julie Sweet, Accenture, $31.55 million

No. 31: Lisa Su, Advanced Micro Devices, $30.38 million

No. 41: Mary Barra, General Motors, $27.85

No. 52: Jane Fraser, Citigroup, $25.46

No. 65: Kathy Warden, Northrop Grumman, $24.74

No. 83: Carol Tomé, UPS, $23.39 million,

No. 92: Phebe Novakovic, General Dynamics, $22.58 million

No. 100: Gail Boudreaux, Elevance Health, $21.89 million

Michael and Robert: There are more men named Michael and Robert (five of each) in the top 100 highest paid CEOs list than women.