CEO Compensation Hits Record Levels with Broadcom's Hock Tan Leading

Broadcom's Hock Tan tops the list with a $162 million package, contingent on stock performance and tenure.

Overview

CEO compensation at Fortune 500 companies has surged, with a median pay of $15.7 million.
Hock Tan's $162 million compensation at Broadcom is dependent on stock targets and a five-year tenure.
Nikesh Arora of Palo Alto Networks and Stephen Schwarzman of Blackstone also received nine-figure salaries.
Broadcom's stock has risen significantly, boosting its market cap to $655 billion.
No women were among the top 25 highest-paid CEOs in 2023.