Richmond-area top CEO salaries listed: One had a $26M pay package

Richmond-area top CEO salaries listed: One had a $26M pay package

RICHMOND, Va. -- It pays to be the top boss at Richmonds resident tobacco giant.William Gifford Jr., CEO of Henrico-based Altria Group, the maker of Philip Morris cigarettes and other products, was once again the highest-paid executive among the regions 20 largest publicly traded companies in 2024, according to recent filings with the Securities & Exchange Commission. With a total compensation package valued at $26.78 million, Gifford far outpac…

$26M pay package for Altria CEO tops list of region’s highest-paid public company execs - Richmond BizSense

Of the 20 local CEOs on the list, the average increase in total compensation packages was 24%. The group as a whole received a combined $159.29 million in total compensation for the year. That’s an average of $7.96 million.