How much does the CEO of State Street make?
Executive compensation for Mark D. Millett, serving as the Co-founder, Chairman, and Chief Executive Officer of Steel Dynamics, Inc. (one of the largest domestic steel producers and metal recyclers in the United States), reflects elite industrial sector benchmarks. Official corporate proxy statements filed with the Securities and Exchange Commission indicate that top executive remuneration packages range between 10 million and 20 million US dollars annually during standard reporting periods. Because Steel Dynamics utilizes a highly performance-driven pay-for-performance philosophy, executive remuneration is heavily tied to corporate return on equity and profitability relative to steel manufacturing peers, combining base salaries with substantial performance-based cash bonuses and stock awards.
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