Hartford Business Journal

HBJ062623UF

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26 HARTFORDBUSINESS.COM | JUNE 26, 2023 The Lists TOP PAID CEOs AT PUBLICLY TRADED COMPANIES BASED IN CONNECTICUT Ranked by total compensation in 2022 (1) Top paid CEOs at publicly traded companies based in Connecticut Ranked by total compensation in 2022 ((11)) CEO Total compensation/ salary Market capitalization June 14, 2023 (millions)/ 2022 revenue (millions) CEO pay ratio/ median employee compensation (2) 1 Bradley S. Jacobs (3) XPO Logistics: NYSE:XPO Greenwich $46,990,957 $929,561 $5,950 $7,718 186:1 $70,000 (4) 2 Thomas M. Rutledge (5) Charter Communications Inc.: NASDAQ:CHTR Stamford $39,213,350 $2,447,115 $50,480 $54,022 401:1 $55,429 (6) 3 Glenn D. Fogel Booking Holdings Inc.: NASDAQ:BKNG Norwalk $30,774,922 $750,000 $96,389 $17,090 404:1 $76,175 4 David M. Cordani Cigna Corp.: NYSE:CI Bloomfield $20,965,504 $1,500,000 $78,042 $180,642 277:1 $75,627 5 Michael J. Hartnett RBC Bearings Inc.: NYSE:RBC Oxford $19,390,866 (7) $900,000 (7) $6,236 $1,469 (8) 317:1 $61,074 (7) 6 William R. Berkley Jr. W.R. Berkley Corp.: NYSE:WRB Greenwich $16,706,862 $1,047,800 $14,744 $11,217 137:1 $121,552 7 Christopher J. Swift Chairman & CEO The Hartford: NYSE:HIG Hartford $16,086,469 $1,187,500 $21,915 $22,362 137:1 $117,472 8 Christopher Winfrey (5) Charter Communications Inc.: NASDAQ:CHTR Stamford $15,626,967 $1,359,038 $50,480 $54,022 401:1 $55,429 (6) 9 Eugene A. Hall CEO Gartner Inc.: NYSE:IT Stamford $15,452,138 $935,443 $27,859 $5,476 130:1 $118,548 10 Nicholas Simon Jeffery Frontier Communications: NASDAQ:FYBR Norwalk $14,736,293 $1,300,000 $4,350 $5,787 384:1 $38,373 11 Judy F. Marks Chair, CEO & President Otis Elevator Co.: NYSE: OTIS Farmington $14,477,875 $1,300,000 $36,167 $13,685 279:1 $51,865 12 Richard Adam Norwitt Amphenol: NYSE:APH Wallingford $13,955,683 $1,400,000 $48,084 $12,623 834:1 $16,726 13 Brian D. Doubles (9) Synchrony Financial: NYSE:SYF Stamford $13,701,941 $1,082,692 $14,374 $11,674 231:1 $59,325 14 James M. Loree (10) Stanley Black & Decker Inc.: NYSE: SWK New Britain $13,625,418 $652,000 $13,644 $16,947 410:1 $47,651 15 Joseph R. Nolan Jr. Eversource Energy Co.: NYSE:ES Hartford $12,959,134 (11) $1,273,078 $24,433 $12,289 95:1 $136,254 16 Thomas J. Hook (12) Barnes Group Inc.: NYSE:B Bristol $12,861,436 $462,821 $2,075 $1,262 289:1 $47,428 17 William C. Stone SS&C Technologies Holdings Inc.: NASDAQ:SSNC Windsor $12,810,392 $875,000 $14,723 $5,283 163:1 $78,395 18 Matthew J. Flannery United Rentals Inc.: NYSE:URI Stamford $12,414,168 $1,037,671 $27,903 $11,642 146:1 $85,052 19 Anthony J. Guzzi EMCOR Group Inc.: NYSE:EME Norwalk $11,420,501 $1,200,000 $8,357 $11,076 212:1 $53,997 20 Margaret Keane (13) Synchrony Financial: NYSE:SYF Stamford $10,951,356 $1,175,000 $14,374 $11,674 231:1 $59,325 21 John L. Garrison Jr. CEO Terex Corp.: NYSE:TEX Westport $9,778,425 $1,021,923 $3,880 $4,418 171:1 $57,347 22 John G. Houston Arvinas Inc.: NASDAQ: ARVN New Haven $9,545,846 $632,401 $1,570 $131,400 34:1 $284,130 23 Mario Harik (3) XPO Logistics: NYSE:XPO Greenwich $9,027,723 $557,857 $5,950 $7,718 186:1 $70,000 (4) Source: SEC filings and Yahoo Finance. Note: N/A = Not available. (1) Most recently available data by press time. (2) Company annual proxy reports, sec.gov, provide more detail on how CEO pay ratio and median employee compensation are calculated. (3) Mario Harik assumed the role of CEO on Nov. 1, 2022; Mr. Jacobs has continued as executive chairman. (4) Calculated using Mr. Harik's 2022 total compensation and the median North American LTL employee. (5) Christopher Winfrey was named president & CEO in December 2022; Mr. Rutledge has continued as executive chairman. (6) CEO pay ratio was calculated using pro-rated figures for Mr. Rutledge's and Mr. Winfrey's time as CEO in 2022. (7) For the fiscal year ending March 31, 2022. (8) For the fiscal year ending March 31, 2023. (9) Succeeded Margaret Keane on April 1, 2022. (10) Succeeded by Donald Allan Jr. on July 1, 2022. (11) SEC total. (12) Succeeded Patrick J. Dempsey in June 2022. (13) Stepped down as CEO on April 1, 2022. -Compiled by Stephanie R. Meagher

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