Issue link: https://nebusinessmedia.uberflip.com/i/1261820
22 n e w h a v e n B I Z | J u n e / J u l y 2 0 2 0 | n e w h a v e n b i z . c o m 2 0 2 0 B O O K O F L I S T S : E C O N O M Y Highest-Paid Chief Executives, CT Public Companies Highest-Paid Chief Executives CT Public Companies (Ranked by total 2019 compensation) Rank Executive Total compensation 2019/ 2018/ % change 2019 Salary 2019 Stock awards/ Option awards/ Bonus 2019 Non-equity incentive plan compensation/ Change in pension value and nonqualified deferred compensation/ Other compensation 1 Timothy C. Wentworth President, Health Services Cigna Corp. (NYSE: CI) Bloomfield $23,544,332 $8,875,346 (a) 165.3% $1,500,000 $17,505,590 $1,500,033 N/A $3,018,750 $3,005 $16,954 2 Stephen F. Angel CEO, Linde PLC Praxair Inc., now Linde PLC (NYSE: LIN) (b) Dublin, Ireland $22,475,878 $66,149,326 -66.0% $1,520,833 $9,121,847 $4,152,405 N/A $3,726,422 $3,596,000 $358,371 3 William C. Stone CEO SS&C Technologies Holdings Inc. (NASDAQ: SSNC) Windsor $21,620,325 $15,862,121 36.3% $875,000 N/A $6,730,791 N/A $14,000,000 N/A $14,534 4 Gregory J. Hayes CEO (c) United Technologies Corp., now Raytheon Technologies (NYSE: RTX) (d) Waltham, Mass. $21,538,847 $18,418,315 16.9% $1,600,000 $6,816,740 $6,535,560 $4,200,000 N/A $2,071,748 $314,799 5 James J. Judge President & CEO Eversource Energy (NYSE: ES) Hartford (e) $19,806,088 $14,925,381 32.7% $1,319,232 $6,676,043 N/A N/A $3,000,000 $8,784,256 $26,557 6 David M. Cordani President & CEO Cigna Corp. (NYSE: CI) Bloomfield $19,303,032 $18,944,045 1.9% $1,500,000 $10,395,183 $3,375,047 N/A $3,600,000 $204,732 $228,070 7 Ludwig N. Hantson CEO Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) Boston $18,947,984 $16,490,250 14.9% $1,250,000 $15,243,634 N/A N/A $2,430,000 N/A $24,350 8 James M. Loree President & CEO Stanley Black & Decker Inc. (NYSE: SWK) New Britain $18,687,549 $13,563,404 37.8% $1,250,000 $1,250,000 $2,256,750 $0 N/A $6,180,244 $395,511 9 Glenn D. Fogel President & CEO Booking Holdings Inc. (NASDAQ: BKNG) Norwalk $14,768,526 $20,459,184 -27.8% $750,000 $14,000,605 N/A N/A $0 N/A $17,921 10 Christopher J. Swift Chairman & CEO Hartford Financial Services Group (NYSE: HIG) Hartford $14,560,748 $13,883,615 4.9% $1,150,000 $4,551,525 $4,125,000 N/A $4,440,000 $48,198 $246,025 11 Giovanni (John) Visentin Vice chairman & CEO Xerox Corp. (NYSE: XRX) Norwalk $13,137,434 $23,459,003 (f) -44.0% $1,200,000 $10,000,029 N/A N/A $1,760,400 N/A $177,005 12 Margaret Keane President & CEO Synchrony Financial (NYSE: SYF) Stamford $12,169,308 $12,449,138 -2.2% $1,175,000 $8,000,027 $0 $0 $2,451,000 N/A $543,281 13 Eugene A. Hall CEO Gartner Inc. (NYSE: IT) Stamford $11,960,245 $11,502,517 4.0% $908,197 $7,007,347 $3,003,182 N/A $913,555 N/A $127,964 14 Gillian Tans (g) Former president & CEO, Booking.com Booking Holdings Inc. (NASDAQ: BKNG) Norwalk $11,955,709 $14,471,304 -17.4% $335,871 $10,500,268 N/A $1,119,570 $0 N/A $0 15 Michael J. Hartnett President & CEO RBC Bearings Inc. (NASDAQ: ROLL) Oxford $11,640,585 $7,888,243 47.6% $775,020 $6,875,525 $2,769,440 N/A $1,162,530 $58,070 N/A Source: Each company's proxy statement. Notes: N/A = Not applicable. Companies on this list that are headquartered out of state were previously headquartered in Conn. and retain a significant presence in Conn. (a) As President, Express Scripts & Cigna Services (b) Completed a merger of equals with Munich, Germany's Linde AG in 2018, now known as Linde PLC. (c) Previously chairman and CEO of UTC, now CEO of Raytheon Technologies. (d) On April 3, 2020, United Technologies Corp. (UTC) and Mass. defense company Raytheon completed a $180-billion merger of equals, creating Raytheon Technologies. The union was contingent upon divestiture of Raytheon's military airborne radios business and UTC's military GPS and large space-based optical systems businesses. Farmington-based Otis Elevator and Florida-based Carrier Corp., formerly part of UTC, now operate as independent companies. (e) Dual headquarters in Boston, Mass. (Ranked by total 2019 compensation) Source: Each company's proxy statement. Notes: N/A = Not applicable. Companies on this list that are headquartered out of state were previously headquartered in Conn. and retain a significant presence in Conn. (a) As President, Express Scripts & Cigna Services (b) Completed a merger of equals with Munich, Germany's Linde AG in 2018, now known as Linde PLC. (c) Previously chairman and CEO of UTC, now CEO of Raytheon Technologies. (d) On April 3, 2020, United Technologies Corp. (UTC) and Mass. defense company Raytheon completed a $180-billion merger of equals, creating Raytheon Technologies. The union was contingent upon divestiture of Raytheon's military airborne radios business and UTC's military GPS and large space-based optical systems businesses. Farmington-based Otis Elevator and Florida-based Carrier Corp., formerly part of UTC, now operate as independent companies. (e) Dual headquarters in Boston, Mass. (f) Included one-time compensation as a cash sign-on bonus payment of $1,500,000 and an initial equity award of restricted stock, with a grant date fair value equal to $10,000.025. (g) Succeeded by Glenn D. Fogel, president & CEO, Booking Holdings Inc., as of June 2019. —Compiled by hmartin@nebusinessmedia.com.