Stellantis opens today the period of the general meetings during which the remuneration of the directors will once again be a highly discussed topic. This remuneration includes fixed and variable salaries as well as annual bonuses.
With all this income, Carlos Tavares, at the head of Stellantis, led the highest paid big bosses in France in 2021 thanks to the 66.7 million euros received. It was even the highest total compensation ever observed by Proxinvest. The leader of Portuguese origin was followed by the head of Dassault Systèmes Bernard Charlès and his 44 million, while Daniel Julien, at the helm of Teleperformance, completed the podium with a remuneration close to 20 million euros.
Within the restricted circle of CAC 40 bosses, Nicolas Hieronimus de l’Oreal ranks first with 10 million euros. In the retail sector, Alexandre Bompard of the Carrefour group receives a remuneration of around 4 million euros. On average, the leaders of the CAC 40 received 7.9 million euros for the year 2021, which is a historic amount. Like Alexandre Bompard, several bosses appear below this average threshold such as Christel Heydemann from Orange (2.3 million euros), Henri Poupart-Lafarge from Alstom (1.6 million euros) or Gilles Martin from Eurofins (about 1.2 million euros).
And compared to abroad?
On a global scale, France’s highest-paid big bosses are doing well relative to their neighbors. By receiving €23.5 million by 2022, Carlos Tavares should be on a par with his Ford counterpart Jim Farley, but below the €26 million Mary Barra receives at General Motors. On the other hand, the remuneration of the head of Stellantis remains well above that of Akio Toyoda (Toyota) which amounts to “only” 4.7 million euros.
In addition to the automobile, several leaders of other sectors register important remunerations. This is the case of oil giants like Patrick Pouyanné at TotalEnergies or but also the heads of Shell (around 7 million euros) or even BP (more than 11 million euros).
In this field, the world prize goes to Darren Woods of Exxon Mobil who wins 26.7 million euros. On the health side, there are also significant disparities. The spectrum ranges from approximately €9 million for Paul Hudson (Sanofi) and Emma Walmsley (GSK) to €24 million for Alex Gorsky (Johnson & Johnson) to the remuneration of more than €15 million for Severin Schwann. (Rock) .
Source: BFM TV
