The S&P 500's top 25 highest-paid CEOs in 2021 were all men

Forza X1 Inc

Change company Symbol lookup

Select an option...

FRZA Forza X1 Inc

SIEN Sientra Inc

PMGM Priveterra Acquisition Corp

NVFY Nova LifeStyle Inc

GGIFF Garibaldi Resources Corp

MIGI Mawson Infrastructure Group Inc

GTIM Good Times Restaurants Inc

BENF Avalon Acquisition Inc

SOS Sos Ltd

HOFV Hall of Fame Resort & Entertainment Co

Consumer Discretionary : Leisure Products |

Company profile

Forza X1, Inc. is focused on the creation, implementation and sale of electric boats, utilizing its electric vehicle (EV) technology to control and power its boats and outboard electric motors. Its electric boats are designed as fully integrated electric boats, including the hull, outboard motor, and control system. The three main components of its electric boats are the fiberglass part of the boat, the motor that propels the boat, and the control system. It offers its EV products, services, and support through a Web-based and mobile phone application, which is a vertically integrated and a direct-to-consumer platform. It utilizes a Web-based and application platform to connect with customers for an end-to-end experience encompassing everything from buying, financing, delivering, servicing, and training. The Company’s two models, the FX1 Dual Console and FX1 Center Console, are designed to be 25-foot in length, and utilize a catamaran hull surface to reduce drag and increase run times.

The S&P 500's top 25 highest-paid CEOs in 2021 were all men

8:23 am ET January 31, 2023 (MarketWatch) Print

By Steve Gelsi

Patricia Kessler Poppe, CEO of PG&E Corp., earned $51.2 million in 2021

Only one person out of 26 of the top compensation earners in 2021 at S&P 500 companies was a woman, according to data released Monday by the ratings agency.

Patricia Kessler Poppe, CEO of PG&E Corp. (PCG) earned $51.2 million in total compensation in 2021, placing her 12th on the selected list of the 20 top wage earners and the only woman in that male-dominated top group. Out of the 26 highest-paid S&P 500 CEOs, Poppe was the only woman.

The top three wage earners of the S&P 500 were led by Expedia Group Inc. (EXPE) CEO Peter Maxwell Kern with $296.2 million in total compensation. He was followed by Warner Brothers Discovery Inc. (WBD) CEO David Zaslaw, with $246.6 million in total compensation; and Amazon.com Inc. (AMZN) CEO Andrew Jassy, with $212.7 million in total 2021 compensation.

Poppe was among only 31 women CEOs out of the 500 companies that make up the S&P.

Advanced Micro Devices Inc. (AMD) CEO Lisa Su earned $29.5 million in 2021 to make No. 2 on the list, followed by $29.1 million earned by General Motors Co. (GM) CEO Mary Barra and $28.3 million earned by Walgreens Boots Alliance Inc. (WBA) CEO Rosalind Brewer.

-Steve Gelsi

(END) Dow Jones Newswires

January 31, 2023 08:23 ET (13:23 GMT)