D-FW’s highest-paid CEOs: Nexstar’s Perry Sook leads the pack as national median dips

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D-FW’s highest-paid CEOs: Nexstar’s Perry Sook leads the pack as national median dips
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In The Dallas Morning News' annual analysis of CEO compensation, the median pay of Dallas-Fort Worth chief executives rose by 15.8%, bucking a national trend.

Performance-based stock awards made up the majority of Sook’s compensation package – $33 million of the total. Nexstar’s stock price rose 17.7% in 2022, and it returned over $1 billion to its shareholders through dividends and share buybacks.Sook and other communication services CEOs were the highest-paid CEOs across the country, according to Equilar’s annual CEO pay trends report. They’ve received the highest median compensation for the fourth consecutive year.

Exxon Mobil CEO Darren Woods appears in the Dallas-Fort Worth ranking for the last time with the company's headquarters move to the Houston area now official. AT&T CEO John Stankey, typically one of the region’s highest-paid executives, could do no better than ninth “The reason for that is really economic uncertainty,” Batish said. “Stock prices fluctuated last year. Total returns fell at the median. So companies were a lot less willing to provide premium cash bonuses to their CEOs.”

There were eight women CEOs in this year’s ranking – one more than last year. Six of last year’s seven made the list again and were joined by two new women executives. However, a changing of the guard among top female CEOs means only six will still be run by women at the end of 2023.AMN Healthcare Susan Salka retired in 2022, turning over the reins to Carey Grace.

AMN Healthcare’s Susan Salka also retired in November 2022, but was replaced by another woman, Cary Grace.

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