Who Is the Highest Paid CEO in Your State?
GBR found the highest active paid CEO in every state by using AFL-CIO to determine who the CEO, their company and total compensation. Total compensation includes salary, bonus, value of stock awards, value of options awards, non-equity incentive plan compensation, change in pension value and deferred compensation earnings and other compensation. All data is from 2017. If the CEO mentioned in the AFL-CIO data was no longer active with the organization, the next highest paid CEO was used.
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It’s fun to fantasize about money and what you can do with it. But there’s always someone living out that fantasy of being extremely wealthy, and that someone might be the CEO living a couple neighborhoods over from you.
Although their salaries can vary by industry and experience, a CEO’s bank account is generally nothing to scoff at. GOBankingRates looked at the highest-paid active CEO in every state by using data from the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO). Listed is the CEO’s company along with their total pay, which factors in base salary, bonuses, value of stock awards and value of options awards, among other variables.
Click through to discover the richest CEO in your state, and find out how some of these CEOs changed how we live.
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Alabama: Thomas A. Fanning
- Company: Southern Company
- CEO Pay: $15,702,228
Fanning assumed his role as CEO in 2010. Southern Company is one of America’s largest gas and electric companies, which oversees around 200,000 miles of electric transmission and more than 80,000 miles of gas pipeline.
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Alaska: Ronald A. Duncan
- Company: General Communication Inc.
- CEO Pay: $2,960,086
Duncan still runs the Anchorage-based company he founded in 1979, General Communication, and today it provides Alaskans with mobile, computer and communication technology.
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Arizona: Richard C. Adkerson
- Company: Freeport-McMoran
- CEO Pay: $18,396,037
Freeport-McMoran touts itself as the “world’s premier publicly traded copper company.” Adkerson has been named Best CEO in Metals and Mining by Institutional Investor magazine for eight years, rightfully earning his steep compensation.
Arkansas: C. Douglas McMillon
- Company: Walmart Inc.
- CEO Pay: $22,791,276
Walmart is the nation’s largest private employer. Its CEO, Doug McMillon, actually began his career there as a teen, when he was tasked with unloading trucks.
baranozdemir / iStock.com
California: Peter P. Gassner
- Company: Veeva Systems
- CEO Pay: $88,143,333
Veeva is a cloud software company that assists more than 600 life sciences companies in expediting new medicines and treatments to patients. Besides being its CEO, Gassner also co-founded the company in 2007.
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Colorado: Gregory B. Maffei
- Company: Liberty Media Corporation
- CEO Pay: $47,809,756
Previously known as Liberty Interactive Corporation, this media conglomerate’s subsidiaries include Formula 1, SiriusXM and the Atlanta Braves.
Antonio Viscido / Flickr
Connecticut: Glenn D. Fogel
- Company: Booking Holdings
- CEO Pay: $27,774,458
Booking Holdings was previously known as The Priceline Group, which is likely ingratiated into the memory of everyone who had cable in the 1990s thanks to William Shatner’s iconic “Priceline Negotiator” character.
JEAN-CHRISTOPHE BOTT/EPA-EFE/REX / JEAN-CHRISTOPHE BOTT/EPA-EFE/REX
Delaware: Herva Hoppenot
- Company: Incyte Corporation
- CEO Pay: $16,087,031
The Incyte Corporation is a biopharmaceutical group that specializes in cancer treatment. Prior to joining Incyte, Hoppenot served as the President of Novartis Oncology.
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monkeybusinessimages / Getty Images/iStockphoto
Florida: Scott Scherr
- Company: The Ultimate Software Group
- CEO Pay: $31,470,785
Scherr was voted among Glassdoor’s “Highest-Rated CEOs” list for 2016 based on both anonymous and voluntary reviews. You certainly don’t get to where Scherr is by being a bad boss.
Casimiro PT / Shutterstock.com
Georgia: Ronald F. Clarke
- Company: FleetCor Technologies
- CEO Pay: $52,643,810
FleetCor distributes fleet cards, food cards and other specialized payment media for businesses around the globe. Clarke has been the company’s CEO for nearly two decades.
Casimiro PT / Shutterstock.com
Hawaii: Constance H. Lau
- Company: Hawaiian Electric Industries
- CEO Pay: $5,913,746
Hawaiin Electric Industries provide energy for 95 percent of Hawaii. Lau herself is a native of Honolulu.
Idaho: Darrel T. Anderson
- Company: IDACORP
- CEO Pay: $6,695,596
IDACORP is actually a holding company, with the Idaho Power Company being its largest subsidiary. Idaho Power uses 17 hydroelectric dams dotting the Snake River to provide power to those in southern Idaho and eastern Oregon. CEO Darrel Anderson has been working for the company since 1996.
Illinois: Dirk Van De Put
- Company: Mondelez International
- CEO Pay: $42,442,924
Mondelez’ sweet assortment of brands includes Cadbury, HoneyMaid and Chips Ahoy!
Casimiro PT / Shutterstock.com
Indiana: N.T. Linebarger
- Company: Cummins
- CEO Pay: $16,387,661
Cummins is an energy company that designs, manufactures, sells and services diesel and alternative fuel engines. Linebarger began working for the company while studying for his engineering degree at Stanford University.
Pinkypills / Getty Images/iStockphoto
Iowa: Daniel J. Houston
- Company: Principal Financial Group
- CEO Pay: $11,958,736
The financial investment group has $666.6 billion in assets under management that go toward supporting retirement plans and insurance policies. CEO Daniel Houston has been with the company for more than 30 years and received his bachelor’s degree from Iowa State University.
Casimiro PT / Shutterstock.com
Kansas: Thomas C. Gentile
- Company: Spirit AeroSystems Holdings
- CEO Pay: $9,907,398
Spirit AeroSystems conceptualizes and constructs aerostructures for both commercial and military use. Its products include the Boeing 737 and the Sikorsky CH-53K helicopter.
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Kentucky: Bruce D. Broussard
- Company: Humana
- CEO Pay: $19,768,525
Humana is a health insurance company that covers needs such as dental, vision and medical. Its beneficiaries also include military personnel. Bruce Broussard took on his current role as CEO in 2011.
Louisiana: Jeff Storey
- Company: CenturyLink
- CEO Pay: $14,715,560
CenturyLink is a telecommunications company whose customer base covers over 60 countries. The company claims to be the “second largest U.S. communications provider to global enterprise customers” on their website. Jeff Storey took over the position of CEO in May 2018.
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Maine: Melissa D. Smith
- Company: WEX
- CEO Pay: $10,847,606
WEX provides businesses alternative payment solutions, with a focus in travel and benefit administration. CEO Melissa Smith was born and raised in Maine, and in 2017 was named Mainebiz’s Business Leader of the Year
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Cindy Ord / Discovery Communications
Maryland: David M. Zaslav
- Company: Discovery, Inc.
- CEO Pay: $42,247,984
Formerly Discovery Communications, you might recognize this company as the Discovery Channel, which was launched in 1985 and continues to educate viewers today. The company maintains other familiar brands such as HGTV, The Food Network, TLC and Animal Planet. CEO David Zaslav became CEO in 2007 and helped launch some of the fastest-growing cable networks on American television, including the Oprah Winfrey Network. The company’s global viewing platform numbers around 3 billion people.
Massachusetts: Douglas Ingram
- Company: Sarepta Therapeutics
- CEO Pay: $56,866,241
Sarepta Therapeutics is a biopharmaceutical company whose aim is combating costly life-threatening or degenerative diseases — with a focus on Duchenne muscular dystrophy — “by unlocking the potential of RNA-based technologies,” according to its website. CEO Douglas Ingram’s compensation package was the biggest package in the pharmaceutical industry, reported Endpoints News in May 2018.
John F. Martin / General Motors
Michigan: Mary T. Barra
- Company: General Motors Company
- CEO Pay: $21,958,048
General Motors is an automobile manufacturer whose brands include Buick, Cadillac and Chevrolet. GM’s CEO, Mary Barra, has been leading the company since 2014, one of the few women to oversee a Fortune 500 company.
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Minnesota: James M. Cracchiolo
- Company: Ameriprise Financial Services
- CEO Pay: $23,900,309
American Financial Service assists its customers in preparing their economics futures with products such as IRAs, retirement plans, mutual funds, stocks and savings plans. James Cracchiolo has been with the company since 2005, and received multiple business-focused degrees from New York University.
Rogelio V. Solis/AP/REX/Shutters / Rogelio V. Solis/AP/REX/Shutters
Mississippi: Joe F. Sanderson Jr.
- Company: Sanderson Farms
- CEO Pay: $6,640,211
Sanderson Farms is the third-largest poultry producer in the U.S., with over 14,000 employees helping to sell more than 2.7 billion pounds of poultry each year to over 50 countries. Joe Sanderson represents the third generation of Sandersons who’ve run the company.
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Missouri: Michael F. Neidorff
- Company: Centene Corporation
- CEO Pay: $25,259,468
The Centene Corporation is a health insurance company. Its Centene Book Series aims to educate children, some who are under the care of Centene, about diseases.
Martina Nolte / Photo: Martina Nolte, Lizenz: Cr
Montana: Randall M. Chesler
- Company: Glacier Bancorp
- CEO Pay: $1,342,760
Glacier Bancorp, Inc. is a regional bank holding company that provides commercial banking services to more than 160 offices in Montana, Idaho, Colorado, Utah, Washington, Wyoming and Arizona. Its total assets are just under $12 billion. CEO Randall Chesler served as president of Montana-based Glacier Bank before taking on his current position.
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Nebraska: Lance M. Fritz
- Company: Union Pacific Corporation
- CEO Pay: $13,794,237
Union Pacific Corporation’s primary company Union Pacific Railroad is one of the top railroad franchises in America. The company operates 8,600 locomotives that traverse over 32,100 miles through 23 states. CEO Lance Fritz assumed his role in February 2015. Before arriving at Union Pacific, he was employed by Fiskars Inc., Cooper Industries and General Electric.
Eric Jamison / Wynn Las Vegas
Nevada: Matt Maddox
- Company: Wynn Resorts, Ltd.
- CEO Pay: $34,522,695
Wynn Resorts, Ltd., controls four major resorts: the Wynn Las Vegas, Encore, the Wynn Macau and Wynn Palace. The company is also constructing the Encore Boston Harbor in Everett, Mass. Matt Maddox, a long-serving employee of the company, took over as CEO in February 2018, after founder Steve Wynn resigned over reports of sexual misconduct.
New Hampshire: Manning Rountree
- Company: White Mountains Insurance Group
- CEO Pay: $6,633,124
White Mountains Insurance Group includes companies such as Kudu Investment Management, MediaAlpha, NSM Insurance Group and PassportCard. G. Manning Rountree joined the company in 2004.
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Fortune Global Forum 2013 / Fortune Global Forum 2013
New Jersey: Alex Gorsky
- Company: Johnson & Johnson
- CEO Pay: $29,802,564
Johnson & Johnson is a healthcare company that’s been providing for consumers for over 130 years. Their wares include health and beauty products, medical devices and pharmaceuticals. CEO Alex Gorsky has served in his position since 2012.
New Mexico: Patricia K. Collawn
- Company: PNM Resources
- CEO Pay: $4,425,922
PNM Resources is a holding company that offers electricity-based services in New Mexico and Texas. Its two main utilities, PNM and TNMP, have approximately 2,580 megawatts of generation capacity between them, which is used to serve the residences and properties of more than 773,000 homes and businesses. CEO Patricia Collawn benefits from PNM Resources, as she resides in Albuquerque, N.M.
Richard Drew/AP/REX/Shutterstock / Richard Drew/AP/REX/Shutterstock
New York: Frank J. Bisignano
- Company: First Data Corporation
- CEO Pay: $102,210,395
First Data Corporation provides its customers and businesses with e-commerce and payment solutions. Under the leadership of CEO Frank Bisignano, the highest-paid CEO on this list, First Data’s sphere of influence has expanded to over 6 million merchant locations and over 4,000 card issuers.
North Carolina: Douglas Lebda
- Company: LendingTree
- CEO Pay: $59,591,002
If you’ve ever researched a loan, you might’ve stumbled across LendingTree. That’s because LendingTree is an online loan marketplace that boasts one of the largest networks of vendors, according to its website. CEO and founder Doug Lebda birthed the company after a frustrating experience researching mortgages.
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North Dakota: David L. Goodin
- Company: MDU Resources Group
- CEO Pay: $4,058,001
MDU Resources Group began as a small electricity service that was used by only a few farming communities between Montana and North Dakota. Today, the Bismarck-based company serves 48 states by providing electric and natural gas utilities, natural gas pipelines and construction materials and services.
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Ohio: Lourenco Goncalves
- Company: Cleveland-Cliffs, Inc.
- CEO Pay: $23,561,505
Cleveland-Cliffs has been supplying raw material for steel and iron production for over 100 years. The company owns and operates half of the open-pit, iron-ore mining and processing facilities in the country. CEO Lourenco Goncalves retired before assuming his current role as Cliffs’ CEO, a position he angled for after noticing the company was in trouble with its business expansion strategy. Some agree that he saved the company from bankruptcy.
Oklahoma: William M. Griffin
- Company: SandRidge Energy
- CEO Pay: $18,824,850
SandRidge Energy is an oil and gas company that’s headquartered in Oklahoma City — which is one city where your paycheck goes farther. However, its drilling activity extends to Colorado. CEO William Griffin has only been in his current position with the company since February 2018, but he has 36 years of industry experience under his belt.
Oregon: Mark G. Parker
- Company: Nike
- CEO Pay: $13,851,499
The iconic athletic brand currently has a market cap of $128.5 billion. It’s sponsored lucrative endorsement contracts from the likes of tennis icon Serena Williams and basketball star Kevin Durant. CEO Mark Parker has been lauded for his expertise in the fashion and retail industries, though he and his company have come under hot water recently due to workplace harassment allegations.
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Pennsylvania: Alan B. Miller
- Company: Universal Health Services
- CEO Pay: $21,630,861
Universal Health Service is one of America’s largest hospital management companies, though its services extend outside the U.S. It maintains over 350 hospitals, behavioral health clinics and ambulatory centers throughout the U.S., Puerto Rico and the U.K. Alan Miller founded the company in 1979 and heads its Board of Directors.
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Rhode Island: Scott C. Donnelly
- Company: Textron
- CEO Pay: $14,825,330
Textron has its finger in multiple industry pies, including aviation, defense and finances. Some of its brands include Bell, Cessna, Beechcraft, E-Z-GO and Jacobsen. CEO Scott Donnelly joined the company from the aviation side. He previously served as president and CEO for General Electric Aviation, a subsidiary of General Electric that produces aircraft for commercial and military use.
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South Carolina: Michael P. Gianoni
- Company: Blackbaud
- CEO Pay: $7,992,151
Blackbaud is a cloud software company with a focus on nonprofit fundraising and donor acquisition. They currently have around 35,000 clients around the world. CEO Mike Gianoni’s interest in technology goes all the way back to high school, when he enrolled in his first engineering class.
South Dakota: J. Tyler Haahr
- Company: Meta Financial Group
- CEO Pay: $11,893,752
Headquartered in Sioux Falls, S.D., Meta Financial Group acts as the holding company for MetaBank, an FDIC-insured savings bank that serves customers in South Dakota and Iowa. Haahar is the CEO of both Meta Financial Group and MetaBank. He also has roots in South Dakota, having received his accounting degree from the University of South Dakota.
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Tennessee: Mark S. Sutton
- Company: International Paper Company
- CEO Pay: $19,446,293
Move over Dunder Mifflin. The International Paper Company is one of the world’s top producers of packing, pulping and paper production. Their services include the creation of safe packing products, pulp for diapers, tissues and various hygiene products and — you guessed it — paper. CEO Mark Sutton has been with the company his entire career. He has held multiple positions within the company including engineer, mill manager and the title of director of European corrugated packaging operations.
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Texas: Randall L. Stephenson
- Company: AT&T
- CEO Pay: $28,720,720
AT&T is one of the world’s largest telecommunications companies, with nearly 160 million subscribers in the U.S. and Mexico alone. CEO Randall Stephenson has helmed the company since 2007. In 2017, AT&T reported $160 billion in revenue, making Stephenson’s total compensation look somewhat reasonable in comparison.
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Utah: Sunny S. Sanyal
- Company: Varex Imaging Corporation
- CEO Pay: $6,559,636
Varex Imaging describes itself as a “leading independent supplier of medical X-ray tubes and image processing solutions”. Its CEO Sunny Sanyal has received multiple degrees from Harvard Business School, Louisiana State University and the University of Bombay.
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Vermont: John W. Casella
- Company: Casella Waste Systems
- CEO Pay: $2,885,473
Casella Wastes provides waste treatment and removal solutions for residencies, businesses and organizations. The company appears to be family-owned and run; two Casella brothers, John — the company’s CEO — and Doug, sit on the board of directors.
REX/Shutterstock / REX/Shutterstock
Virginia: Phebe N. Novakovic
- Company: General Dynamics Corporation
- CEO Pay: $21,501,429
General Dynamics is an aerospace and defense company that provides services for business jets, combat vehicles and even nuclear submarines. Given the sensitive nature of General Dynamics’ products, it makes sense that Novakovic herself has served in roles within the CIA.
Rob Latour/REX/Shutterstock / Rob Latour/REX/Shutterstock
Washington: Mark D. Okerstrom
- Company: Expedia Group
- CEO Pay: $30,720,457
Expedia Group’s most recognizable site is Expedia.com, a travel search engine that lets users find and compare prices on airfare, cruises, hotels and more travel-related purchases. Okerstrom, the CEO of Expedia Group, heads more than 200 travel-related sites with service across 75 countries.
Tim Kiser / Wikimedia Commons
West Virginia: Richard M. Adams
- Company: United Bankshares
- CEO Pay: $3,638,031
United Bankshares is a bank holding company with dual headquarters in both Washington, D.C., and Charleston, W.V. Under Adams’ guidance, United has acquired 31 other institutions and has grown into a company worth $19 billion.
Wisconsin: Kevin T. Conroy
- Company: Exact Sciences Corporation
- CEO Pay: $13,265,089
Founded in 1995, Exact Sciences is the creator of Colorguard, which the company describes as a “noninvasive colorectal screening.” The company is based in Madison, Wis.
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Wyoming: Colin Marshall
- Company: Cloud Peak Energy
- CEO Pay: $4,426,954
Cloud Peak Energy is one of the largest coal producers in the U.S., according to the company’s website. In 2017, it sold roughly 58 million tons of it from its three mines to recipients all over the world.
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Methodology: GOBankingRates found the highest-active paid CEO in every state using data from AFL-CIO to determine who the CEO is, what company they are a part of and what their pay is. Compensation includes salary, bonus, value of stock awards, value of options awards, non-equity incentive plan compensation, change in pension value and deferred compensation earnings, and “all other compensation.”