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.
- 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.