Taking Stock: GCs Pile Up the Pay

The 2018 GC Compensation Survey, compiled by ALM Legal Intelligence, uses 2017 Fortune 1000 proxy statements to ferret out info about the best-paid GCs in the U.S.

ALM ranks the GCs by total cash compensation, which rolls in salary, bonus and what it calls “nonequity incentive pay,” which covers discretionary, incentive payments not included in the bonus number. ALM also provides, via its interactive survey tool, information on options exercised and total value realized on vesting, rolling these together with cash comp to come up with a total compensation metric. It then breaks out and publicizes subsets such as the 10 highest paid GCs and the 10 highest paid women GCs (see charts below). Only three women make the top 10 list for cash + stock comp, with Laura Schumacher of AbbVie ranking #2 among public company GCs with total comp of $19.91M, which is still $10M behind Gregg Winiarski of IAG-Interactive, Barry Diller’s media/ Internet holding company with brands such as Tinder, Angie’s List and The Daily Beast.

Check out the full survey here.