CVS’s CEO Lynch Makes 458 Times the Average CVS Employee

CVS’s CEO Lynch Makes 458 Times the Average CVS Employee

It was a good year for CVS CEO Karen Lynch in 2021. It was not quite as good for the average CVS employee, however.

Lynch made more than 458 as much as the average worker at the company.

The data, released annually by AFL-CIO, showed that the average S&P 500 company’s CEO-to-worker pay ratio was 324-to-1 in 2021.

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Lynch crushed that ratio.

In 2021, Lynch’s compensation package exceeded $20 million --- the average CVS employee made $45,010.

Lynch looked restrained compared to Amazon’s CEO Andrew Jassy as he received a comp package of $212,701,169, which was more than 6,474 times the average Amazon worker who received $32,855.

 

Karen Lynch, CVS Health Corporation (CVS), Woonsocket, RI

Total Compensation for Fiscal Year Ending in 2021: $20,388,412

Salary: $1,429,167

Bonus: $0

Value of Stock Awards: $9,749,990

Value of Option Awards: $3,249,997

Non-Equity Incentive Plan Compensation: $5,616,000

Change in Pension Value and Deferred Compensation Earnings: $0

All Other Compensation: $343,258

Total: $20,388,412