In the realm of corporate leadership, the compensation of top executives often becomes a subject of scrutiny and fascination. In 2023, the world witnessed some staggering figures in CEO pay, reflective of their roles in steering global conglomerates through complex landscapes of technology, finance, and industry.
Recently, the Wall Street Journal dropped the list of the highest-paid CEOs in the world – and one of the notable stars included was Malaysian-born business executive, Tan Hock Eng who was given the top spot. If you’re curious to learn how much Tan Hock Eng – and other business giants – made in 2023, here are the profiles of the top 10 highest-paid CEOs of 2023:
1. Tan Hock Eng
Tan Hock Eng, hailing from Penang, holds the reins of Broadcom Inc. which is a powerhouse in the semiconductor industry. At 73 and with a career marked by strategic prowess, he ascended to the summit of CEO compensation, earning a jaw-dropping USD161,826,161 in 2023, cementing his position as a titan in corporate leadership.
2. William J. Lansing
William J. Lansing, 63, commands FICO (Fair Isaac Corporation), an influential figure in the realm of data analytics. His leadership steers the company through the intricacies of data-driven decision-making and is reflected in his total compensation of USD66,349,962.
3. Timothy D. Cook
As the CEO of Apple Inc., Timothy D. Cook, embodies innovation and excellence. With the brand’s huge following, it is evident that his stewardship of one of the world’s most iconic tech giants earned him a compensation package totalling USD63,209,845 in 2023.
4. Hamid R. Moghadam
A prominent figure in logistics real estate, Hamid R. Moghadam, 67, helms Prologis, Inc. Under his leadership, the company thrived, in which he earned over USD50,891,597 in 2023, underscoring his significance in the global logistics ecosystem.
5. Theodore A. Sarandos
As the co-CEO of Netflix, Inc., Theodore A. Sarandos, 59, plays a pivotal role in shaping the future of entertainment. His leadership in navigating the digital streaming landscape is reflected in his compensation of USD49,834,936 in 2023.
6. David M. Zaslav
David M. Zaslav, 64, holds the dual role of CEO and president of Warner Bros. Discovery, Inc., a force in the media and entertainment industry. His strategic vision and leadership earned him a compensation package of USD49,702,546 in 2023.
7. Glenn D. Fogel
As the CEO of Booking Holdings Inc., Glenn D. Fogel, 58, steers the course of one of the world’s leading travel technology companies. His leadership prowess is reflected in his compensation of USD46,720,734 in 2023.
8. Shantanu Narayen
Shantanu Narayen presides over Adobe Inc., a trailblazer in digital creativity and marketing solutions. His tenure as chairman, president, and CEO is marked by innovation, reflected in his compensation of USD44,932,578 in 2023.
9. Laurence Neil Hunn
Laurence Neil Hunn, 49, leads Roper Technologies, Inc., a diversified industrial company known for its innovative solutions. His stewardship of the company resulted in a compensation package totalling USD41,295,585 in 2023.
10. William R. McDermott
William R. McDermott, also known as Bill McDermott serves as the CEO of ServiceNow, a company at the forefront of digital workflow management. His leadership in navigating the complexities of enterprise operations earned him a compensation of USD37,606,244 in 2023.
Source: Wall Street Journal
Ariani Soraya contributed to this article.
