It’s time to tally what top CEOs made in 2017.
The median value of compensation packages was up 5 percent overall to $15.7 million for fiscal year 2017, compared to $15 million in 2016. The amounts were announced Wednesday by recruiting and compensation tech firm Equilar, which ranks the compensation for CEOs at the top 100 companies by revenue.
Hock E. Tan of semiconductor firm Broadcom took the top spot with a total package worth $103.2 million, which represented a 318 percent increase over the prior year. Second was Brian Duperreault of insurance firm AIG, who earned $42.8 million, followed by Mark Hurd of Oracle with $40.8 million.
Of the 69 companies for which there is data, the ratio of CEO pay to the median employee’s pay was 235:1.
The apparel space was represented by just two CEOs in 2017.
Nike’s Mark Parker earned about $13.9 million in 2017, landing him at No. 64. Last year’s compensation represented a 71 percent drop from 2016.
Parker was second on the list last year, earning $47.6 million, which was just a scant 6 percent higher than the year before.
Kevin Mansell, who is scheduled to retire from Kohl’s this year, appeared at No. 81 with a total compensation package valued at $11.3 million for 2017, a 35 percent boost over the $8.4 million he took home in 2016.
Possibly reflecting the rough year retail had, a few notables who ranked in the top 100 for 2016 were missing this year. Costco’s Craig Jelinek came in at No. 96 with a $6.4 million package in 2016. Last year, Sears Holdings’ Eddie Lampert held the 100th slot at just under $3.5 million, which was a 12 percent drop from 2015.
Former Macy’s chief executive Terry Lundgren was also on the list last year at No. 71 for compensation that exceeded $12.1 million.