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Lockheed Martin’s Hewson No. 2 in female CEO pay

In this Jan. 13, 2017 photo, Lockheed Martin CEO Marillyn Hewson talks to reporters in the lobby of Trump Tower in New York after a meeting with President-elect Donald Trump. At $21.5 million, Hewson was the second highest-paid female CEO for 2018, as calculated by The Associated Press and Equilar, an executive data firm. (AP Photo/Evan Vucci, File)

In this Jan. 13, 2017 photo, Lockheed Martin CEO Marillyn Hewson talks to reporters in the lobby of Trump Tower in New York after a meeting with President-elect Donald Trump. At $21.5 million, Hewson was the second highest-paid female CEO for 2018, as calculated by The Associated Press and Equilar, an executive data firm. (AP Photo/Evan Vucci, File)

Marillyn Hewson, the CEO of Bethesda-based global security and aeronautics company Lockheed Martin, earned $21.5 million in 2018 as the second-highest paid female CEO in the country, as calculated by The Associated Press and Equilar, an executive data firm.

Hewson’s total was an increase of 7% from the previous year. Her compensation is 191 times the pay of a typical Lockheed employee, up from 186 in 2017. Mary Barra, the CEO of General Motors, was No. 1 on the list of compensation for female CEOs at $21.9 million. Discovery CEO David Zaslav was the highest-paid CEO in the U.S. in 2018 at $129.5 million, or 1,511 times what the typical worker earns at Discovery.

The AP’s compensation study covered 340 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy statements between Jan. 1 and April 30. Some companies with highly paid CEOs do not fit these criteria.

Compensation often includes stock and option grants that the CEO may not receive for years unless certain performance measures are met. For some companies, big raises occur when CEOs get a stock grant in one year as part of a multi-year grant.

TOP CEO PAY — MEN

1. David Zaslav, Discovery
$129.5 million
Change from last year: 207%
His pay vs typical company worker: 1,511 times, up from 522

2. Robert Iger, Walt Disney
$65.6 million
Change from last year: 81%
His pay vs typical company worker: 1,424 times

3. Richard Handler, Jefferies Financial Group
$44.7 million
Change from last year: 105%
His pay vs typical company worker: 298 times, down from 489

4. Stephen MacMillan, Hologic
$42 million
Change from last year: 275%
His pay vs typical company worker: 478 times

5. Joseph Hogan, Align Technology
$41.8 million
Change from last year: 256%
His pay vs typical company worker: 3,168 times, up from 920

6. Daniel Schulman, PayPal
$37.8 million.
Change from last year: 96%
His pay vs typical company worker: 543 times, up from 274

7. Reed Hastings, Netflix
$36.1 million
Change from last year: 48%
His pay vs typical company worker: 178 times, up from 133

8. Brian Roberts, Comcast
$35 million
Change from last year: 8%
His pay vs typical company worker: 426 times, down from 458

9. Robert Kotick, Activision Blizzard
$30.8 million
Change from last year: 7%
His pay vs typical company worker: 319 times, up from 306

10. James Dimon, JPMorgan Chase
$30 million
Change from last year: 6%
His pay vs typical company worker: 381 times, up from 364

 

TOP CEO PAY — WOMEN

1. Mary Barra, General Motors
$21.9 million
Change from last year: 0%
Her pay vs typical company worker: 281 times, down from 295

2. Marillyn Hewson. Lockheed Martin
$21.5 million
Change: Up 7%
Her pay vs typical company worker: 191 times, up from 186

3. Phebe Novakovic, General Dynamics
$20.7 million
Change: Down 2%
Her pay vs typical company worker: 240 times, up from 218

4. Virginia Rometty, IBM
$17.6 million
Change: Down 3%
Her pay vs typical company worker: 319 times, down from 341

5. Adena Friedman, Nasdaq
$14.4 million
Change: 0%
Her pay vs typical company worker: 129 times, down from 132

6. Mary Dillon, Ulta Beauty
$14.2 million
Change: Up 90%
Her pay vs typical company worker: 556 times, up from 275

7. Susan Griffith, Progressive
$14.2 million
Change: Up 53%
Her pay vs typical company worker: 225 times, up from 136

8. Vicki Hollub, Occidental Petroleum
$14.1 million
Change: Up 11%
Her pay vs typical company worker: 114 times, up from 110

9. Lynn Good, Duke Energy
$13.8 million
Change: Down 35%
Her pay vs typical company worker: 119 times, down from 175

10. Lisa Su, Advanced Micro Devices
$13.4 million
Change: Up 23%
Her pay vs typical company worker: 165 times, up from 121

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