Tim Cook Missed Out On $100M Club In 2022 And These CEOs Fetched Much Fatter Pay Checks Than The Apple CE
Not all CEOs who earn the most money are in charge of the biggest companies. According to The Wall Street Journal, several chief executives, such as those at Pinterest, Peloton, and Hertz, made more money than Tim Cook from Apple, who earned $99 million in 2022.
Stephen Schwarzman, the founder and CEO of Blackstone
Sitting comfortably at the number one spot is Stephen Schwarzman, the head honcho at the massive private equity firm Blackstone BX. In the year 2022, he raked in an astounding $253 million, as reported by the Wall Street Journal.
Sundar Pichai, the CEO of Alphabet
Claiming the runner-up position is Sundar Pichai, the Chief Executive Officer of Alphabet, the parent company of Google. Pichai's impressive earnings amount to a remarkable $226 million.
Stephen Scherr, the Chief Financial Officer of Hertz Global Holdings, recently shared his insights in a blog post.
Stephen Scherr, an executive at Hertz, raked in a huge sum of $182 million as part of his earnings. This hefty amount comprises $3.4 million in salary and bonus, while the remaining portion consists of restricted stock that will gradually become available to him until 2026.
Barry McCarthy from Peloton
Barry McCarthy from Peloton was granted a compensation package worth a staggering $168 million, primarily comprising of stock options. These options will be gradually made available to him over a span of four years, with portions vesting every month.
Bill Ready, the CEO of Pinterest,
Bill Ready, who is currently the Chief Executive Officer (CEO) at Pinterest, was granted a staggering sum of $123 million as compensation for his role. Out of this amount, approximately $101 million comes in the form of stock options, while the remaining $21.5 million is awarded as restricted stock. These generous rewards were granted to Ready when he joined the company as CEO towards the end of June 2022.
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