15 Highest-Paid CEOs in Financial Services: 2021

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Pandemic? What pandemic?

With regard to executive compensation, increases continued during fiscal year 2020 as if the pandemic did not besiege the country, according to the 14th edition of the Equilar 200, published in partnership with The New York Times.

The report analyzes CEO compensation among U.S. public companies with revenues over $ 1 billion.

Equilar explained in a statement that CEO compensation has increased in large part because compensation is awarded primarily through equity or the right to earn shares of the company, either by continuing to hold the position (in depending on time), or by meeting unique and detailed people. benchmarks (based on performance).

According to the report, the top earners on this year’s elite list often receive multi-year capital grants intended to be paid over an extended period; 2020 was no different.

These awards are reported to the Securities and Exchange Commission as a total value based on the stock price on the date they are awarded, regardless of the time horizon over which they may be earned.

In cases where a CEO is awarded such a salary, he or she will rarely appear as high on the list in the next edition, Equilar noted in a statement.

In other words, executive compensation reporting is primarily forward-looking. This means that the ravages of the pandemic are unlikely to be reflected largely in salaries in 2020, especially among larger companies.

See the gallery of the 15 Highest Paid CEOs in Financial Services.

– In connection with ThinkAdvisor:


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