Ted Scott's compensation package as CEO reflects a combination of base salary, annual bonuses, and equity awards, benchmarked against industry standards. For the fiscal year 2023, his total earnings were reported at approximately $24 million, based on disclosures from his company's annual reports.
Key Components of Compensation
- Base Salary: $1.5 million, aligned with typical executive pay scales.
- Annual Bonus: $3.5 million, tied to specific performance targets such as revenue growth and profitability.
- Long-Term Incentives: $19 million in stock options and restricted stock units, vesting over multiple years to promote sustained performance.
Comparative Analysis with Peer CEOs
To evaluate if Ted Scott earns more than other CEOs, data from S&P 500 companies and peer groups are referenced. Median CEO compensation in 2023 was $16 million, while top earners exhibited high variability.
- Mary Barra (General Motors): $29 million, driven by operational achievements.
- Sundar Pichai (Alphabet): $226 million in a peak year, mainly from stock grants.
- Elon Musk (Tesla): $0 in cash salary but $1+ billion in stock options upon milestones, making compensation highly volatile.
- Median Small-Cap CEOs: $12 million, indicating lower averages in non-mega-cap firms.
Against this backdrop, Ted Scott's $24 million exceeds the S&P 500 median and positions him within the upper echelon, yet he does not consistently outearn leaders like Musk due to differing compensation structures focused on stable earnings versus high-risk equity models.
