The widening gap between the salary of a company's average employee and its chief executive has drawn increased scrutiny in the U.S. Now, nonprofit shareholder advocacy group As You Sow has released its "100 Most Overpaid CEOs" list for 2019.
As You Sow computes excess compensation assuming such pay is related to total shareholder return. Beyond the amount each CEO makes, the list considers companies where most shareholders voted against the CEO pay package and the average median employee salary.
Below is As You Sow's list of the 17 most overpaid CEOs in healthcare industry on the S&P 500:
Leonard Schleifer (Regeneron Pharmaceuticals)
Salary: $26.5 million
CEO to worker pay ratio: 215:1
Excess pay: $12.9 million
Brenton Saunders (Allergan)
Salary: $32.8 million
CEO to worker pay ratio: 349:1
Excess pay: $19.4 million
Marc Casper (Thermo Fisher Scientific)
Salary: $22.3 million
CEO to worker pay ratio: 324:1
Excess pay: $7.9 million
Michael Neidorff (Centene Corp)
Salary: $25.3 million
CEO to worker pay ratio: 379:1
Excess pay: $9.7 million
Alex Gorsky (Johnson & Johnson)
Salary: $29.8 million
CEO to worker pay ratio: 452:1
Excess pay: $16.1 million
John Hammergren (McKesson Corp.)
Salary: $18.1 million
CEO to worker pay ratio: 473:1
Excess pay: $4.9 million
Ian Read (Pfizer)
Salary: $27.9 million
CEO to worker pay ratio: 313:1
Excess pay: $14.3 million
Bruce Broussard (Humana)
Salary: $19.8 million
CEO to worker pay ratio: 344:1
Excess pay: $4.7 million
Miles White (Abbott Laboratories)
Salary: $18.9 million
CEO to worker pay ratio: 251:1
Excess pay: $4.9 million
Mark Bertolini (Aetna)
Salary: $18.8 million
CEO to worker pay ratio: 235:1
Excess pay: $4.0 million
Timothy Wentworth (Express Scripts Holding)
Salary: $15.9 million
CEO to worker pay ratio: 303:1
Excess pay: $2.5 million
Ludwig Hantson (Alexion Pharmaceuticals)
Salary: $15.3 million
CEO to worker pay ratio: 92:1
Excess pay: $1.9 million
David Taylor (Procter & Gamble)
Salary: $17.4 million
CEO to worker pay ratio: 287:1
Excess pay: $4.1 million
Howard Robin (Nektar Therapeutics)
Salary: $18.1 million
CEO to worker pay ratio: 91:1
Excess pay: $2.8 million
Milton Johson (HCA Healthcare)
Salary: $17.3 million
CEO to worker pay ratio: 312:1
Excess pay: $2.6 million
Richard Gonzales (AbbVie)
Salary: $22.6 million
CEO to worker pay ratio: 144:1
Excess pay: $8.1 million
John Milligan (Gilead Sciences)
Salary: $15.4 million
CEO to worker pay ratio: 94:1
Excess pay: $1.8 million
Access the full list here.