Who is the most overpaid CEO? It's Ronald Clarke of Fleetcor Technologies, or so says a new study that analyzes performance and pay.
What's happening: The main culprits spotlighted by As You Sow, a non-profit dedicated to shareholder advocacy, are CEOs who take home massive paychecks but whose companies come up short on total shareholder return (a metric that tracks a company's stock, including reinvestment, annualized for 5 years).
The group identified 100 such CEOs, a number of whom take home more than 1,000 times what the median employee at their firm does and have their pay packages challenged by investors.
"Overpaid CEOs underperform financially," Paul Herman, CEO of HIP Investors, who helped craft the list of worst CEOs, tells Axios.
In fact, he says, the average "overpaid" CEO makes $11 million to $53 million more than the average CEO at an S&P 500 company.