MINNESOTA — The state's five highest-paid public company CEOs made a combined $328 million last year, according to a new Minnesota Star Tribune ranking of executive compensation.
1. Bahram Akradi, Life Time Group Holdings: $218.2 million. Runs the gym chain, which has clubs across the country.
Akradi's number is inflated by a decade-old stock deal from when Life Time went private in 2015.
Those options were set to expire, so he cashed them in.
2. James Cracchiolo, Ameriprise Financial: $38.6 million. Runs the Minneapolis-based investment and wealth management firm.
3. John Stauch, Pentair: $27.7 million. Runs the company that makes water filtration and treatment equipment.
4. Chad Abraham, Piper Sandler: $23.3 million. Runs the Minneapolis-based investment bank.
5. Russell Becker, APi Group: $20.2 million. Runs the company that handles fire safety, security, and elevator services for businesses.
Read the full rankings, including all 50 executives, at the Star Tribune.
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