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CEO pay rose nearly 10% in 2024 as stock prices and profits soared

  • In 2024, median CEO pay in S&P 500 companies rose nearly 10% to $17.1 million amid soaring stock prices and profits.
  • This increase followed sharp corporate profit growth and a strong stock market, which supported higher executive compensation levels.
  • Notable top earners included Rick Smith of Axon Enterprises at $164.5 million, Lawrence Culp of GE Aerospace at $87.4 million, and Tim Cook at $74.6 million.
  • Equilar analyzed 208 companies, finding median stock awards rose 15%, base salaries by 4%, and median spending on security perquisites increased to $94,276.
  • Despite some gains for female CEOs and rising median employee pay by 1.7%, experts noted stagnant overall equity trends and persistent excessive pay gaps.
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CEO pay rose nearly 10% in 2024 as stock prices and profits soared

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.

·United States
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NBC Dallas-Fort Worth broke the news in Fort Worth, United States on Thursday, May 29, 2025.
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