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CEOPay
B

Grade B — Good Pay-for-Performance

79 companies

Companies with above-average pay-for-performance alignment. CEO compensation is generally justified by company results, though there may be minor areas of concern.

79
Companies
$11.0M
Avg CEO Comp
142:1
Avg Pay Ratio
B
Grade

All Grade B Companies

Alphabet (GOOGL)

CEO: Sundar Pichai · Internet Services · Pay ratio: 235:1

$40.0M
total comp
B

Amazon (AMZN)

CEO: Andy Jassy · Internet Retail · Pay ratio: 1143:1

$40.0M
total comp
B

Goldman Sachs (GS)

CEO: David Solomon · Investment Banking · Pay ratio: 230:1

$27.6M
total comp
B

Snowflake (SNOW)

CEO: Sridhar Ramaswamy · Cloud Computing · Pay ratio: 161:1

$25.0M
total comp
B

PayPal Holdings (PYPL)

CEO: Alex Chriss · Fintech · Pay ratio: 251:1

$20.0M
total comp
B

Intel (INTC)

CEO: Pat Gelsinger · Semiconductors · Pay ratio: 139:1

$19.5M
total comp
B

JPMorgan Chase (JPM)

CEO: Jamie Dimon · Banks · Pay ratio: 231:1

$15.0M
total comp
B

AbbVie (ABBV)

CEO: Robert Michael · Pharmaceuticals · Pay ratio: 120:1

$12.0M
total comp
B

Accenture (ACN)

CEO: Julie Sweet · IT Consulting · Pay ratio: 141:1

$12.0M
total comp
B

Amgen (AMGN)

CEO: Robert Bradway · Biotechnology · Pay ratio: 96:1

$12.0M
total comp
B

AT&T (T)

CEO: John Stankey · Telecommunications · Pay ratio: 120:1

$12.0M
total comp
B

Automatic Data Processing (ADP)

CEO: Maria Black · Payroll Services · Pay ratio: 160:1

$12.0M
total comp
B

Boeing (BA)

CEO: Kelly Ortberg · Aerospace & Defense · Pay ratio: 120:1

$12.0M
total comp
B

Booking Holdings (BKNG)

CEO: Glenn Fogel · Online Travel · Pay ratio: 300:1

$12.0M
total comp
B

Charles Schwab (SCHW)

CEO: Walt Bettinger · Brokerage · Pay ratio: 150:1

$12.0M
total comp
B

Chubb Limited (CB)

CEO: Evan Greenberg · Insurance · Pay ratio: 150:1

$12.0M
total comp
B

Comcast (CMCSA)

CEO: Brian Roberts · Media · Pay ratio: 120:1

$12.0M
total comp
B

ConocoPhillips (COP)

CEO: Ryan Lance · Oil & Gas · Pay ratio: 100:1

$12.0M
total comp
B

Danaher (DHR)

CEO: Rainer Blair · Life Sciences · Pay ratio: 126:1

$12.0M
total comp
B

Elevance Health (ELV)

CEO: Gail Boudreaux · Health Insurance · Pay ratio: 200:1

$12.0M
total comp
B

Gilead Sciences (GILD)

CEO: Daniel O'Day · Biotechnology · Pay ratio: 96:1

$12.0M
total comp
B

Honeywell (HON)

CEO: Vimal Kapur · Diversified Manufacturing · Pay ratio: 150:1

$12.0M
total comp
B

Johnson & Johnson (JNJ)

CEO: Joaquin Duato · Pharmaceuticals · Pay ratio: 120:1

$12.0M
total comp
B

KLA Corporation (KLAC)

CEO: Rick Wallace · Semiconductor Equipment · Pay ratio: 92:1

$12.0M
total comp
B

Lockheed Martin (LMT)

CEO: Jim Taiclet · Aerospace & Defense · Pay ratio: 120:1

$12.0M
total comp
B

Medtronic (MDT)

CEO: Geoff Martha · Medical Devices · Pay ratio: 133:1

$12.0M
total comp
B

Merck (MRK)

CEO: Rob Davis · Pharmaceuticals · Pay ratio: 120:1

$12.0M
total comp
B

Philip Morris (PM)

CEO: Jacek Olczak · Tobacco · Pay ratio: 171:1

$12.0M
total comp
B

Raytheon Technologies (RTX)

CEO: Chris Calio · Aerospace & Defense · Pay ratio: 120:1

$12.0M
total comp
B

S&P Global (SPGI)

CEO: Douglas Peterson · Financial Data · Pay ratio: 150:1

$12.0M
total comp
B

T-Mobile US (TMUS)

CEO: Mike Sievert · Telecommunications · Pay ratio: 120:1

$12.0M
total comp
B

Thermo Fisher Scientific (TMO)

CEO: Marc Casper · Life Sciences · Pay ratio: 126:1

$12.0M
total comp
B

UnitedHealth Group (UNH)

CEO: Andrew Witty · Health Insurance · Pay ratio: 200:1

$12.0M
total comp
B

UPS (UPS)

CEO: Carol Tome · Logistics · Pay ratio: 218:1

$12.0M
total comp
B

Cadence Design Systems (CDNS)

CEO: Anirudh Devgan · EDA Software · Pay ratio: 59:1

$9.1M
total comp
B

HCA Healthcare (HCA)

CEO: Sam Hazen · Healthcare Facilities · Pay ratio: 178:1

$8.0M
total comp
B

Arthur J Gallagher (AJG)

CEO: Patrick Gallagher · Insurance Brokers · Pay ratio: 107:1

$8.0M
total comp
B

AutoZone (AZO)

CEO: Phil Daniele · Auto Parts · Pay ratio: 200:1

$8.0M
total comp
B

Becton Dickinson (BDX)

CEO: Tom Polen · Medical Devices · Pay ratio: 89:1

$8.0M
total comp
B

Centene (CNC)

CEO: Sarah London · Managed Care · Pay ratio: 107:1

$8.0M
total comp
B

Chipotle Mexican Grill (CMG)

CEO: Scott Boatwright · Restaurants · Pay ratio: 286:1

$8.0M
total comp
B

Church & Dwight (CHD)

CEO: Matthew Farrell · Consumer Products · Pay ratio: 123:1

$8.0M
total comp
B

Cintas (CTAS)

CEO: Todd Schneider · Business Services · Pay ratio: 107:1

$8.0M
total comp
B

CME Group (CME)

CEO: Terry Duffy · Exchanges · Pay ratio: 100:1

$8.0M
total comp
B

Dover Corporation (DOV)

CEO: Richard Tobin · Industrial Equipment · Pay ratio: 107:1

$8.0M
total comp
B

Edwards Lifesciences (EW)

CEO: Bernard Zovighian · Medical Devices · Pay ratio: 89:1

$8.0M
total comp
B

Emerson Electric (EMR)

CEO: Lal Karsanbhai · Industrial Automation · Pay ratio: 107:1

$8.0M
total comp
B

FedEx (FDX)

CEO: Raj Subramaniam · Logistics · Pay ratio: 145:1

$8.0M
total comp
B

FICO (FICO)

CEO: Will Lansing · Data Analytics · Pay ratio: 62:1

$8.0M
total comp
B

Freeport-McMoRan (FCX)

CEO: Richard Adkerson · Mining · Pay ratio: 114:1

$8.0M
total comp
B

General Dynamics (GD)

CEO: Phebe Novakovic · Aerospace & Defense · Pay ratio: 80:1

$8.0M
total comp
B

General Motors (GM)

CEO: Mary Barra · Automobiles · Pay ratio: 123:1

$8.0M
total comp
B

Humana (HUM)

CEO: Jim Rechtin · Health Insurance · Pay ratio: 133:1

$8.0M
total comp
B

IDEX Corporation (IEX)

CEO: Eric Ashleman · Pumps & Valves · Pay ratio: 107:1

$8.0M
total comp
B

IDEXX Laboratories (IDXX)

CEO: Jay Mazelsky · Diagnostics · Pay ratio: 89:1

$8.0M
total comp
B

Illinois Tool Works (ITW)

CEO: Chris O'Herlihy · Diversified Manufacturing · Pay ratio: 100:1

$8.0M
total comp
B

Illumina (ILMN)

CEO: Jacob Thaysen · Genomics · Pay ratio: 107:1

$8.0M
total comp
B

Kinder Morgan (KMI)

CEO: Kim Dang · Gas Pipelines · Pay ratio: 84:1

$8.0M
total comp
B

Monster Beverage (MNST)

CEO: Hilton Schlosberg · Beverages · Pay ratio: 133:1

$8.0M
total comp
B

MSCI Inc (MSCI)

CEO: Henry Fernandez · Financial Data · Pay ratio: 100:1

$8.0M
total comp
B

Northrop Grumman (NOC)

CEO: Kathy Warden · Aerospace & Defense · Pay ratio: 80:1

$8.0M
total comp
B

Nucor (NUE)

CEO: Leon Topalian · Steel · Pay ratio: 114:1

$8.0M
total comp
B

O'Reilly Automotive (ORLY)

CEO: Brad Beckham · Auto Parts · Pay ratio: 200:1

$8.0M
total comp
B

ONEOK (OKE)

CEO: Pierce Norton · Gas Pipelines · Pay ratio: 84:1

$8.0M
total comp
B

Parker-Hannifin (PH)

CEO: Jenny Parmentier · Industrial Equipment · Pay ratio: 107:1

$8.0M
total comp
B

Public Storage (PSA)

CEO: Joe Russell · Self-Storage REITs · Pay ratio: 114:1

$8.0M
total comp
B

Republic Services (RSG)

CEO: Jon Vander Ark · Waste Services · Pay ratio: 107:1

$8.0M
total comp
B

ResMed (RMD)

CEO: Mick Farrell · Medical Devices · Pay ratio: 89:1

$8.0M
total comp
B

Rockwell Automation (ROK)

CEO: Blake Moret · Industrial Automation · Pay ratio: 107:1

$8.0M
total comp
B

Sherwin-Williams (SHW)

CEO: Heidi Petz · Specialty Chemicals · Pay ratio: 114:1

$8.0M
total comp
B

Southern Company (SO)

CEO: Chris Womack · Electric Utilities · Pay ratio: 84:1

$8.0M
total comp
B

Trane Technologies (TT)

CEO: Dave Regnery · HVAC · Pay ratio: 107:1

$8.0M
total comp
B

United Airlines (UAL)

CEO: Scott Kirby · Airlines · Pay ratio: 107:1

$8.0M
total comp
B

Verisign (VRSN)

CEO: Jim Bidzos · Internet Infrastructure · Pay ratio: 62:1

$8.0M
total comp
B

Verisk Analytics (VRSK)

CEO: Lee Shavel · Data Analytics · Pay ratio: 107:1

$8.0M
total comp
B

Waste Management (WM)

CEO: Jim Fish · Waste Services · Pay ratio: 107:1

$8.0M
total comp
B

WEC Energy Group (WEC)

CEO: Scott Lauber · Electric Utilities · Pay ratio: 84:1

$8.0M
total comp
B

Williams Companies (WMB)

CEO: Alan Armstrong · Gas Pipelines · Pay ratio: 84:1

$8.0M
total comp
B

Zebra Technologies (ZBRA)

CEO: Bill Burns · Barcode & RFID · Pay ratio: 62:1

$8.0M
total comp
B

Browse by Grade

ABCDF

Frequently Asked Questions

Companies with above-average pay-for-performance alignment. CEO compensation is generally justified by company results, though there may be minor areas of concern.

79 public companies in our database currently have a Grade B (Good) Pay-for-Performance Score. Their average CEO compensation is $11.0M with an average pay ratio of 142:1.

The Pay-for-Performance Score is a proprietary 0-100 metric based on four factors: total shareholder return alignment (40%), revenue growth vs. compensation growth (30%), say-on-pay vote approval (20%), and CEO-to-worker pay ratio vs. peers (10%). Grades range from A (score 80+) to F (score below 35).

Sources: SEC EDGAR Proxy Statements (DEF 14A)
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