Missouri CEOs Rake In Big Bucks

by

comment

Feel like stoking your class envy this morning? The AFL-CIO has a tool for you -- a database of CEO pay. And it's pretty awesome appalling.

Seriously, the stats the union has compiled here are enough to turn even the most enthusiastic capitalist into a Marx-spouting lefty. (Which, we're sure, is precisely what the AFL-CIO intended.)

For example, here in good ole Missourah, the website reports that the CEOs of our largest corporations earned an average of $3.9 million, even as the state's median wage hovers at a disheartening $30,570. That means the average Missouri worker's salary was less than one percent of his boss's.

We used the database's handy-dandy state-sorting option to compile a list of Missouri's ten best-paid CEOs. If you're into spasms of jealousy, check it out after the jump.

  1. 10. Ralph P. Scozzafava, Furniture Brands Intl $6.6 million
  2. 9. Thomas A. McDonnell, DST Systems Inc. $6.9 million
  3. 8. David S. Haffner, Leggett & Platt Inc. $7.2 million
  4. 7. Michael F. Neidorff, Centene Corp. $7.9 million
  5. 6. Philip J. Koen, Savvis Inc. $8.5 million
  6. 5. Jeffry N. Quinn, Solutia $8.9 million
  7. 4. Gregory H. Boyce, Peabody Energy Corp. $9.5 million
  8. 3. George Paz, Express Scripts Inc. $10.3 million
  9. 2. Hugh Grant, Monsanto Co. $13.1 million

and the highest-paid CEO in Missouri is ....

  1. 1. D.N. Farr, Emerson Electric Co. $24.8 million

$24.8 million. Must be nice.

Interestingly enough, of these ten very fat Missouri fat-cats, all but two are from the St. Louis area. (DST Systems is based in Kansas City and Leggett & Platt Inc. is in Carthage.) With fine industry mavens such as these, it's no wonder St. Louis is such a thriving metropolis!

Now, if you'll excuse us, we need to get back to slaving away to earn our daily crust of bread and meager bowl of gruel. Not that we're resentful or anything.

Tags

Support Local Journalism.
Join the Riverfront Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Riverfront Times Club for as little as $5 a month.