NH Business Review
Top executives earned 58 times a median employee
May 4, 2021
The average pay of CEOs at publicly traded companies in New Hampshire went down and average worker pay rose during the pandemic, though, in total, executives still were paid more than 58 times the median worker’s salary, according to proxy statements.
That’s a lower ratio than U.S. companies as a whole, CEO -to-worker pay ratio is over 300-1, as well as lower than the 68-1 ratio recorded among New Hampshire public companies in 2019.
For instance, Nashville, Tenn.-based HCA Healthcare, the for-profit hospital chain – which in New Hampshire owns Portsmouth Regional Hospital, Exeter Hospital and Frisbie Memorial Hospital in Rochester – paid its CEO, Samuel N Hazen, $30.4 million, some 556 times the pay of its median worker. It’s too soon to tell nationally how all CEOs have done since the proxies are still coming out, though a recent New York Times article indicate that the pay of a lot of maj
Operator
Ladies and gentlemen, thank you for standing by. Welcome to the Albany International First Quarter Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to your host, Director of Investor Relations, Mr. John Hobbs. Please go ahead
John Hobbs
Director of Investor Relations
Thank you, Greg, and good morning, everyone. Welcome to Albany International s First Quarter 2021 Conference Call. As a reminder, for those of you listening on the call today, please refer to our press release issued last night detailing our quarterly financial results. Contained in the text of the release are certain information regarding our forward-looking statements, and the use of non-GAAP financial measures and their associated reconciliation to GAAP. For the purposes of this conference call, those same statements apply to our verbal comments we make this morning. Today, we will make statements that are forward-looking that contain a number of risks and
Operator
And ladies and gentlemen, thank you for standing by. Welcome to the Albany International Fourth Quarter Earnings 2020 Conference Call. [Operator Instructions]
I would now like to turn the conference over to John Hobbs, the Director of Investor Relations. Please go ahead, sir.
John Hobbs
Director of Investor Relations
Thank you, Brad, and good morning, everyone. Welcome to Albany International s Fourth Quarter 2020 Conference Call. As a reminder for those listening on the call, please refer to our detailed press release issued last night regarding our quarterly financial results with particular reference to the notice contained in the text of the release about our forward-looking statements that use and the use of certain non-GAAP financial measures and their associated reconciliation to GAAP. For the purposes of this conference call, those same statements apply to our verbal remarks this morning where we will make statements that are forward-looking, containing a n