The shareholder advocacy group published its 10th annual list of the most overpaid CEOs on Nov. 15.
The ranking is based on three factors: excess pay, determined by the ratio of CEO pay to shareholder return; the percentage of shareholders who voted against executives’ compensation packages; and CEO-to-worker pay ratio. ‘
Here are the three payer CEOs on As You Sow’s list:
46. Karen Lynch, CEO of CVS Health
- Pay: $21.32 million
- CEO-to-worker pay ratio: 380:1
- Shareholder votes against CEO pay: 12%
- Excess pay: $6.5 million
80. Joseph Zubretsky, CEO of Molina Healthcare
- Pay: $22.13 million
- CEO-to-worker pay ratio: 293:1
- Shareholder votes against CEO pay: 7%
- Excess pay: $6.34 million
81. David Cordani, CEO of the Cigna Group
- Pay: $20.97 million
- CEO-to-worker pay ratio: 277:1
- Shareholder votes against CEO pay: 7%
- Excess pay: $5.82 million
See all of the healthcare CEOs on As You Sow’s list here.
