Hartford Business Journal Special Editions

BOL2024

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2024 BOOK OF LISTS | HARTFORDBUSINESS.COM 35 E C O N O M Y TOP PAID CEOS AT PUBLICLY TRADED COMPANIES BASED IN CONNECTICUT Ranked by total compensation (1) Top paid CEOs at publicly traded companies based in Connecticut Ranked by total compensation ((11)) CEO Total compensation/ salary Market capitalization Dec. 7, 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 $9,329 $7,718 186:1 $70,000 (4) 2 Thomas M. Rutledge (5) Charter Communications Inc.: NASDAQ:CHTR Stamford $39,213,350 $2,447,115 $54,532 $54,022 401:1 $55,429 (6) 3 Glenn D. Fogel Booking Holdings Inc.: NASDAQ:BKNG Norwalk $30,774,922 $750,000 $112,983 $17,090 404:1 $76,175 4 David M. Cordani Cigna Corp.: NYSE:CI $20,965,504 $1,500,000 $75,575 $180,642 277:1 $75,627 5 William R. Berkley Jr. W.R. Berkley Corp.: NYSE:WRB Greenwich $16,706,862 $1,047,800 $18,283 $11,217 137:1 $121,552 6 Christopher J. Swift Chairman & CEO The Hartford: NYSE:HIG Hartford $16,086,469 $1,187,500 $23,547 $22,362 137:1 $117,472 7 Christopher Winfrey (5) Charter Communications Inc.: NASDAQ:CHTR Stamford $15,626,967 $1,359,038 $54,532 $54,022 401:1 $55,429 (6) 8 Eugene A. Hall CEO Gartner Inc.: NYSE:IT Stamford $15,452,138 $935,443 $35,145 $5,476 130:1 $118,548 9 Nicholas Simon Jeffery Frontier Communications: NASDAQ:FYBR Dallas, TX (7) $14,736,293 $1,300,000 $5,675 $5,787 384:1 $38,373 10 Judy F. Marks Chair, CEO & president Otis Elevator Co.: NYSE: OTIS Farmington $14,477,875 $1,300,000 $35,466 $13,685 279:1 $51,865 11 Richard Adam Norwitt Amphenol: NYSE:APH Wallingford $13,955,683 $1,400,000 $55,332 $12,623 834:1 $16,726 12 Brian D. Doubles (8) Synchrony Financial: NYSE:SYF Stamford $13,701,941 $1,082,692 $14,442 $11,674 231:1 $59,325 13 James M. Loree (9) Stanley Black & Decker Inc.: NYSE: SWK New Britain $13,625,418 $652,000 $14,281 $16,947 410:1 $47,651 14 Joseph R. Nolan Jr. Eversource Energy Co.: NYSE:ES Hartford $12,959,134 (10) $1,273,078 $21,089 $12,289 95:1 $136,254 15 Thomas J. Hook (11) Barnes Group Inc.: NYSE:B Bristol $12,861,436 $462,821 $1,437 $1,262 289:1 $47,428 16 William C. Stone SS&C Technologies Holdings Inc.: NASDAQ:SSNC Windsor $12,810,392 $875,000 $14,081 $5,283 163:1 $78,395 17 Matthew J. Flannery United Rentals Inc.: NYSE:URI Stamford $12,414,168 $1,037,671 $32,808 $11,642 146:1 $85,052 18 Anthony J. Guzzi EMCOR Group Inc.: NYSE:EME Norwalk $11,420,501 $1,200,000 $9,994 $11,076 212:1 $53,997 19 Margaret Keane (12) Synchrony Financial: NYSE:SYF Stamford $10,951,356 $1,175,000 $14,442 $11,674 231:1 $59,325 20 John L. Garrison Jr. CEO Terex Corp.: NYSE:TEX Westport $9,778,425 $1,021,923 $3,442 $4,418 171:1 $57,347 21 John G. Houston Arvinas Inc.: NASDAQ: ARVN New Haven $9,545,846 $632,401 $1,799 $131,400 34:1 $284,130 22 Mario Harik (3) XPO Logistics: NYSE:XPO Greenwich $9,027,723 $557,857 $9,329 $7,718 186:1 $70,000 (4) 23 Steven John Bandrowczak (13) Xerox Holdings Corp.: NYSE:XRX Norwalk $8,561,267 $763,315 $1,796 $7,107 167:1 $51,284 24 Patrick J. Dempsey (14) Barnes Group Inc.: NYSE:B Bristol $8,529,992 $615,577 $1,437 $1,262 289:1 $47,428 25 Michael J. Hartnett RBC Bearings Inc.: NYSE:RBC Oxford $8,450,217 (15) $950,000 (15) $7,533 $1,469 (15) 143:1 $58,947 (15) Sour ahoo Finance. Note: N/A = Not available. (1) For 2022, unless otherwise noted. (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 pr es for Mr. Rutledge's and Mr. Winfrey's time as CEO in 2022. (7) Moved headquarters from Norwalk to Dallas in September 2023. (8) Succeeded Margaret Keane on April 1, 2022. (9) Succeeded by Donald Allan Jr. on July 1, 2022. (10) SEC total. (11) Succeeded Patrick J. Dempsey in June 2022. (12) Stepped down as CEO on April 1, 2022. (13) Succeeded Giovanni G. Visentin, upon his death in June 2022. (14) Succeeded by Thomas J. Hook in June 2022. (15) ch 31, 2023. -Compiled by Stephanie R. Meagher, research@nebusinessmedia.com

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