Business & Tech
Can You Name the Highest Paid CEO in Illinois?
An AFL-CIO analysis shows chief executives at publicly traded companies in Illinois earned 123 times more than the average worker.
The average CEO pay for publicly traded Illinois companies is $5.4 million, according to the AFL-CIO’s 2014 Executive PayWatch, 123 times more than the average worker's salary of $44,509 a year.
Illinois CEO pay is 318 times greater than what a minimum-wage worker earns.
The analysis tracks the most recent salaries available for S&P 500 Index companies.
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In Illinois, the highest paid CEO, at $27.7 million, is James Skinner at McDonald's, a company that's been under fire in recent months for several workforce issues.
Foreign employees claim they work under "slave-like conditions," and in the United States many McDonald's employees say their bosses engage in "wage theft" to avoid overtime pay.
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Here are the top 15 CEO salaries in Illinois:
- James A. Skinner, McDonald's, Oak Brook, $27,741,408 (2012)
- Douglas R. Oberhelman, Caterpillar, Peoria, $22,374,744 (2012)
- Sandeep Mathrani, General Growth Properties Inc, $22,102,608 (2013)
- David W. Nelms, Discover Financial Services, $21,171,839 (2013)
- Miles D. White, Abbott Laboratories, $20,865,668 (2013)
- Laurence S. Geller, Strategic Hotels and Resorts, $20,559,749 (2012)
- Samuel R. Allen, Deere and Co., Moline, $19,148,372 (2013)
- Richard A. Gonzalez, Abbvie, North Chicago, $18,176,794 (2013)
- Christopher M. Crane, Exelon, Chicago, $17,191,698 (2013)
- Thomas J. Wilson, Allstate, Northbrook, $17,058,555 (2012)
- Robert L. Parkinson Jr., Baxter International, Deerfield, $16,162,128 (2013)
- Troy A. Clarke, Navistar, Lisle, $14,527,858 (2012)
- Irene Rosenfeld, Mondelez International, Deerfield, $13,994,780 (2013)
- Gregory D. Wasson, Walgreen, Deerfield, $13,654,636 (2013)
- Gregory Q. Brown, Motorola, Schaumburg, $12,621,931 (2013)
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