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Top 10 highest-paid CEOs in the US for FY 2024-25: 4 Indian-origin CEOs in the list

Top 10 highest-paid CEOs in the US for FY 2024-25 list: Tesla’s Elon Musk is notably absent from the 2025 list of highest-paid CEOs, while Indian-origin executive Satya Nadella of Microsoft and, notably, Tim Cook of Apple leads and claims spot in the top 5.

Top 10 highest-paid CEOs in America for FY 2024-25 (Image edited on Canva)A complete list of the top 10 highest-paid CEOs for FY 2024-25 (Image designed on Canva)

Amid a highly volatile and uncertain environment driven by geopolitical and trade-tariff tensions, the chief executives (CEOs), the main business drivers of big corporations, are playing a significant role in navigating risks and making strategic decisions for profits and overall success.

Despite these pressures, the position is accompanied by highly lucrative compensation packages; last year, the CEOs’ salary levels worldwide soared to unprecedented figures, driven by a mix of high base pay, lucrative stock options, and performance-based bonuses.

Last year, the CEO compensation among the largest U.S. companies continued to rise, with the median total pay package rising to $25.6 million, the annual Equilar 100 list reported, reflecting a 9.5% increase from the previous year; however, it was at a slower pace than the 11.4% growth recorded in 2023.

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In 2024, the most significant driver of CEO pay growth was the rise in stock awards. Its median value rose to 40.5% year-on-year and $18.6 million, making up approximately 73% of the total median CEO compensation.

Furthermore, the 2025 Equilar 100 highlighted only six women on the list of highest-paid CEOs, with their median compensation at $24.5 million last year.

Jane Fraser of Citigroup was the highest-paid woman CEO, earning .1 million in total compensation. Jane Fraser of Citigroup was the highest-paid woman CEO, earning .1 million in total compensation.

Top 10 highest-paid CEOs in the US for FY 2024

At the top of the overall list was Jim Anderson, the CEO of Coherent, whose total compensation amounted to $101.5 million. Following next is Starbucks’ CEO, Brian Niccol, who assumed the role in September 2024, has a total compensation of $95.8 million.

For both, more than 90% of their compensation came from long-term equity awards.

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In a notable mention, the list features four Indian-origin CEOs leading major U.S. companies: Satya Nadella of Microsoft, Nikesh Arora of Palo Alto Networks, Shantanu Narayen of Adobe, and Rajiv Ramaswami of Nutanix, highlighting the growing presence and impact of Indian-origin leaders in global business.

Rank Name Company Total Compensation Change in Pay Revenue ($M)
1 Jim Anderson Coherent Corp. 101,497,009 N/A $4,707
2 Brian Nicool Starbucks Corporation 95,801,676 N/A $36,176
3 Larry Culp General Electric Company 87,393,876 538% $38,702
4 Satya Nadella Microsoft Corporation 79,106,183 63% $245,122
5 Tim Cook Apple Inc. 74,609,802 18% $391,035
6 David Gitlin Carrier Global Corporation $65,554,845 271% $22,486
7 Aror Nikesh Around Palo Alto Networks, Inc. 58,036,875 -62% $8,027
8 Shantanu Narayen Adobe Inc. 52,390,182 17% $21,505
9 Rajiv Ramaswami Nutanix, Inc. 51,143,711 244% $2,148
10 George Kurtz CrowdStrike Holdings, Inc. 46,983,855 29% $3,055

Source: 2025 Equilar 100 List

Methodology: The study provides an outlook of the largest CEO pay packages among U.S. companies with $1 billion or more in revenue by analysing companies that filed proxy statements by March 31, 2025—the midpoint of proxy season.

Cherry Gupta is an Assistant Manager – Content at The Indian Express. She leads the Top 10 section, curating list-based features on key national and international developments, and manages daily news content. She also produces SEO-driven articles and collaborates with the Lifestyle team to conduct interviews with notable artists and write workplace culture features. ... Read More

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