Safra Catz, co-CEO of Oracle is currently the highest paid female CEO—with a total annual compensation of $53.2 million. We took a look at how the salaries of the top women CEOs ranked in the U.S. in comparison.
It’s clear, as the Peterson Institute for International Economics’ (PIIE) recent study demonstrated, companies with homogeneous leadership are left in the dust when it comes to women leadership. Greater profitability is directly correlated to companies where more women were in overall executive positions. And those with more women on the board of directors performed better.
Out of 21,980 public companies surveyed around the world, researchers discovered that companies where women filled 30 percent of leadership roles had a 6 percent higher net profit margin.
“Really not what matters is having a female CEO. What seems to matter is really having a pipeline and having a large pool of qualified [female] candidates,” PIIE’s Executive Vice President and Director of Studies Marcus Noland explained.
The 5 Top Women CEOs’ Earnings from 2015
1. Safra A. Catz, CEO of Oracle
Compensation: $56.9 million pay package last year; Company Market Cap: $164.7 billion
2. Ruth Porat, CFO of Alphabet Inc.
Compensation: $41.1 million
3. Mary Barra, Chairman and CEO of General Motors Co.
Compensation: $36.3 million
4. Marillyn Hewson, Chairman, President, and CEO of Lockheed Martin Corporation
Compensation: $28.3 million; Company Market Rate: $71.5 billion
5. Angela Ahrendts, Senior Vice President of Retail & Online at Apple
Compensation: $27.6 million
Other Contenders on Forbes’ list of Top Women CEOs of The S&P 500
(Based on information from U.S. Securities and Exchange Commission and Catalyst.)
Marissa Mayer, CEO, President, and Director of Yahoo Inc.
Compensation (2014): $42.1 million; Company Market Cap: $34.1 billion
Indra Nooyi, Chairman and CEO of PepsiCo Inc.
Compensation: $26.4 million; Company Market Compensation: $149.6 billion
Phebe Novakovic, Chairman and CEO of General Dynamics Corporation
Compensation: $20.4 million; Company Market Rate: $43.5 billion
Virginia Rometty, Chairman, President, and CEO of IBM
Compensation: $19.8 million; Company Market Rate: $138.5 billion
Irene Rosenfeld, Chairman and CEO of Mondelez International Inc.
Compensation: $19.7 million; Company Market Cap: $68 billion
Meg Whitman, President and CEO of Hewlett Packard Enterprise
Compensation: $17.1 million; Company Market Cap: $27.3 billion
Debra Reed, Chairman and CEO of Sempra Energy Corp.
Compensation: $16.1 million; Company Market Cap: $26.1 billion
Susan Cameron, President and CEO of Reynolds American Inc.
Compensation: $13.4 million; Company Market Cap: $70.6 billion
Gracia Martore, President and CEO of TEGNA
Compensation: $11.5 million; Company Market Cap: $5 billion
Debra Cafaro, Chairman and CEO of Ventas Inc.
Compensation: $11.5 million; Company Market Cap: $21.5 billion
Lynn Good, CEO of Duke Energy
Compensation: $10.9 million Company Market Cap: $54.3 billion
Ursula Burns, Chairman and CEO of Xerox Corp.
Compensation: $10.6 million; Company Market Cap: $9.5 billion
Barbara Rentler, CEO and Director of Ross Stores
Compensation: $10.2 million; Company Market Cap: $23 billion
Denise Morrison, President and CEO of Campbell Soup Company
Compensation: $9.4 million; Company Market Cap: $23 billion
Heather Bresch, Chief Executive Officer of Mylan
Compensation (2013): $8.7 million; Company Market Cap: $22.2 billion
Beth Mooney, Chairman, Chief Executive Officer of KeyCorp
Compensation: $7 million; Company Market Cap: $10.3 billion
Lauralee E. Martin, President and Chief Executive Officer of HCP Inc.
Compensation: $6.9 million; Company Market Cap: $16.3 billion
For more about women top women CEOs, check out our May 2016 issue, where we explored the benefits of gender equality in the workplace, women in mining, supply chain, and workplace trends for women.