"Top-Paid CEOs Across Metro Detroit, Arizona, and Chattanooga Revealed"

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Source: Crain's Detroit Business
TL;DR Summary

The top 10 highest-paid CEOs of publicly traded companies in Southeast Michigan earned a total of $168 million in 2022, down 10% from the previous year. The average CEO compensation package was $16.8 million, which is 462 times the average median pay of employees at those companies. The list is dominated by automotive CEOs, who are facing financial uncertainties and cost-cutting measures as the industry shifts towards electrification. Labor negotiations later this year are also expected to be contentious.

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