8. Larry Merlo

ceo pay cvs caremark 1
  • Cash compensation: $12.1 million
  • Stock and options: $10.8 million
  • Change in total pay (1 year): 26%

First published April 13, 2014: 12:03 PM ET
Source: Equilar 100 CEO Pay Study
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like benefits and perks. Equilar, an executive compensation data firm, looked at CEOs of the 100 largest U.S. companies, as measured by revenue, that filed proxy statements by April 4, 2014. Pay data based on companies' fiscal year end of Dec. 2013 unless otherwise noted.

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