In 2019, the CFOs for S&P 500 tech and media companies with the largest reported total compensation were from Comcast, Apple, T-Mobile, Facebook, and Microsoft. They earned $23 million each, on average. Visit Business Insider's homepage for more storiesEveryone knows CEOs make a ton of money, but the top finance executives at big companies can also pull down massive paydays.
For most public companies, the SEC requires compensation disclosure for five executives: the chief executive officer, chief financial officer, and the three other highest paid executives. We pulled the five highest paid CFOs fromAll data in the chart below comes from the "summary compensation table," which is available in firm proxy statements. The chart shows the compensation split out by element: salary, bonus, NEIP , stock awards, option awards, and other compensation.
For our highest paid CFOs, two had bonus awards and four had short-term incentive awards. T-Mobile's J. Braxton Carter had the largest bonus, at $2.5 million, which was awarded as aThe largest non-equity incentive award went to Michael Cavanagh of Comcast, at nearly $7 million.
For many executives, the majority of compensation comes from equity. In the chart above, you'll see this is true for our top five highest paid CFOs.
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