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Media Safety - Theory of Change

This low-profile CEO is the highest-paid in America with a $101 million paycheck that beat out Starbucks, Microsoft, and Apple chiefs


Published on 2025-05-04 08:06:34 - Fortune
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  • Jim Anderson received more than $100 million in stock awards in 2024.

The article from Fortune, published on May 4, 2025, discusses the compensation of America's highest-paid CEO, Dr. Vincent D. Mattera Jr. of Coherent Corp. Dr. Mattera received a total compensation of $161.5 million in 2024, primarily driven by stock awards valued at $159.7 million. This significant package was part of a long-term incentive plan aimed at aligning his interests with those of the shareholders. The article highlights the growing trend of using stock-based compensation to attract and retain top executive talent, despite criticisms regarding the potential misalignment with short-term company performance. Coherent Corp., a leader in the photonics industry, has seen substantial growth under Dr. Mattera's leadership, which the board believes justifies the hefty compensation package.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/04/highest-paid-ceo-america-compensation-stock-awards-coherent/ ]