
1. Charles W. Scharf
Company: Wells FargoRank (across industries): 5
Compensation for 2019: $34,286,574
Change from prior year: n/a
CEO pay ratio to median employee: 550:1
Company's yearly revenues: $82.5 billion
(Photo: Bloomberg)

13. Warren E. Buffett
Company: Berkshire HathawayRank (across industries): 100
Compensation for 2019: $374,773
Change from prior year: -4%
CEO pay ratio to median employee: 6:1
Company's yearly revenues: $256.1 billion
(Photo: Bloomberg)

12. Richard D. Fairbank
Company: Capital One FinancialRank (across industries): 89
Compensation for 2019: $7,699,764
Change from prior year: -56%
CEO pay ratio to median employee: 112:1
Company's yearly revenues: $22.4 billion
(Photo: Bloomberg)

11. Andrew Cecere
Company: U.S. BancorpRank (across industries): 75
Compensation for 2019: $12,071,403
Change from prior year: 9%
CEO pay ratio to median employee: 269:1
Company's yearly revenues: $21.4 billion
(Photo: Bloomberg)

10. Charles F. Lowrey
Company: Prudential FinancialRank (across industries): 67
Compensation for 2019: $14,004,503
Change from prior year: n/a
CEO pay ratio to median employee: 136:1
Company's yearly revenues: $64.8 billion
(Photo: Bloomberg)
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9. Susan P. Griffith
Company: ProgressiveRank (across industries): 66
Compensation for 2019: $14,041,272
Change from prior year: -1%
CEO pay ratio to median employee: 212:1
Company's yearly revenues: $39 billion
(Photo: Bloomberg)

8. Daniel P. Amos
Company: AFLACRank (across industries): 64
Compensation for 2019: $14,108,852
Change from prior year: -8%
CEO pay ratio to median employee: 250:1
Company's yearly revenues: $22.3 billion
(Photo: Bloomberg)

7. Brian Duperreault
Company: American International Group (AIG)Rank (across industries): 28
Compensation for 2019: $19,191,331
Change from prior year: -8%
CEO pay ratio to median employee: 288:1
Company's yearly revenues: $49.7 billion
(Photo: MMC)

6. Stephen J. Squeri
Company: American ExpressRank (across industries): 15
Compensation for 2019: $23,712,017
Change from prior year: n/a
CEO pay ratio to median employee: 367:1
Company's yearly revenues: $40 billion

5. Alfred F. Kelly Jr.
Company: VisaRank (across industries): 14
Compensation for 2019: $24,265,771
Change from prior year: 24%
CEO pay ratio to median employee: 170:1
Company's yearly revenues: $23 billion
(Photo: Bloomberg)
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4. David M. Solomon
Company: Goldman SachsRank (across industries): 12
Compensation for 2019: $24,657,441
Change from prior year: n/a
CEO pay ratio to median employee: 178:1
Company's yearly revenues: $35.5 billion
(Photo: Bloomberg)

3. David T. Moynihan
Company: Bank of AmericaRank (across industries): 11
Compensation for 2019: $25,406,963
Change from prior year: 13%
CEO pay ratio to median employee: 276:1
Company's yearly revenues: $85.6 billion
(Photo: Bloomberg)

2. Michael Corbat
Company: CitigroupRank (across industries): 10
Compensation for 2019: $25,503,915
Change from prior year: 5%
CEO pay ratio to median employee: 482:1
Company's yearly revenues: $66.1 billion
(Photo: Bloomberg)

1. Charles W. Scharf
Company: Wells FargoRank (across industries): 5
Compensation for 2019: $34,286,574
Change from prior year: n/a
CEO pay ratio to median employee: 550:1
Company's yearly revenues: $82.5 billion
(Photo: Bloomberg)

13. Warren E. Buffett
Company: Berkshire HathawayRank (across industries): 100
Compensation for 2019: $374,773
Change from prior year: -4%
CEO pay ratio to median employee: 6:1
Company's yearly revenues: $256.1 billion
(Photo: Bloomberg)

12. Richard D. Fairbank
Company: Capital One FinancialRank (across industries): 89
Compensation for 2019: $7,699,764
Change from prior year: -56%
CEO pay ratio to median employee: 112:1
Company's yearly revenues: $22.4 billion
(Photo: Bloomberg)

11. Andrew Cecere
Company: U.S. BancorpRank (across industries): 75
Compensation for 2019: $12,071,403
Change from prior year: 9%
CEO pay ratio to median employee: 269:1
Company's yearly revenues: $21.4 billion
(Photo: Bloomberg)

10. Charles F. Lowrey
Company: Prudential FinancialRank (across industries): 67
Compensation for 2019: $14,004,503
Change from prior year: n/a
CEO pay ratio to median employee: 136:1
Company's yearly revenues: $64.8 billion
(Photo: Bloomberg)
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9. Susan P. Griffith
Company: ProgressiveRank (across industries): 66
Compensation for 2019: $14,041,272
Change from prior year: -1%
CEO pay ratio to median employee: 212:1
Company's yearly revenues: $39 billion
(Photo: Bloomberg)

8. Daniel P. Amos
Company: AFLACRank (across industries): 64
Compensation for 2019: $14,108,852
Change from prior year: -8%
CEO pay ratio to median employee: 250:1
Company's yearly revenues: $22.3 billion
(Photo: Bloomberg)

7. Brian Duperreault
Company: American International Group (AIG)Rank (across industries): 28
Compensation for 2019: $19,191,331
Change from prior year: -8%
CEO pay ratio to median employee: 288:1
Company's yearly revenues: $49.7 billion
(Photo: MMC)

6. Stephen J. Squeri
Company: American ExpressRank (across industries): 15
Compensation for 2019: $23,712,017
Change from prior year: n/a
CEO pay ratio to median employee: 367:1
Company's yearly revenues: $40 billion

5. Alfred F. Kelly Jr.
Company: VisaRank (across industries): 14
Compensation for 2019: $24,265,771
Change from prior year: 24%
CEO pay ratio to median employee: 170:1
Company's yearly revenues: $23 billion
(Photo: Bloomberg)
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4. David M. Solomon
Company: Goldman SachsRank (across industries): 12
Compensation for 2019: $24,657,441
Change from prior year: n/a
CEO pay ratio to median employee: 178:1
Company's yearly revenues: $35.5 billion
(Photo: Bloomberg)

3. David T. Moynihan
Company: Bank of AmericaRank (across industries): 11
Compensation for 2019: $25,406,963
Change from prior year: 13%
CEO pay ratio to median employee: 276:1
Company's yearly revenues: $85.6 billion
(Photo: Bloomberg)

2. Michael Corbat
Company: CitigroupRank (across industries): 10
Compensation for 2019: $25,503,915
Change from prior year: 5%
CEO pay ratio to median employee: 482:1
Company's yearly revenues: $66.1 billion
(Photo: Bloomberg)

1. Charles W. Scharf
Company: Wells FargoRank (across industries): 5
Compensation for 2019: $34,286,574
Change from prior year: n/a
CEO pay ratio to median employee: 550:1
Company's yearly revenues: $82.5 billion
(Photo: Bloomberg)
Equilar, which provides executive and board data, published its annual examination of chief executive compensation at the 100 biggest companies by revenue earlier this year. The list includes the best-compensated leaders in financial services. By studying annual proxy statements filed by companies before March 31 — considered the halfway point in the annual proxy season — Equilar can offer an early peek at executive pay trends. The findings in the new study reflect 2019 pay packages before the coronavirus outbreak. Equilar noted that several companies were adjusting their pay plans amid the crisis, or planned to do so. See the gallery above for the 13 highest-paid CEOs in financial services. READ MORE:
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.