Align Technology's CEO is ranked 70 of 100 overpaid CEOs for 2021, according to an annual report from the nonprofit shareholder advocacy group As You Sow.
As You Sow evaluated the most "overpaid" CEOs of S&P 500 companies. The nonprofit used data to compute what CEO pay would be assuming such pay is related to total shareholder return. In its methodology, a ranking of companies by excess CEO pay and by shareholder votes on CEO pay are weighted at 40 percent. The final ranking based on CEO-to-worker pay ratio is weighted at 20 percent.
As You Sow noted that some CEOs may no longer hold the positions listed, as the rankings were calculated using data made available before June 30, 2020.
Joseph Hogan, director, president and CEO of Align Technology, had an annual salary of $18.3 million, with $3.5 million in excess pay.
Last year, Mr. Hogan ranked second on this list, with an annual salary of $41.8 million.
Click here to view the 21 healthcare CEOs who made the 2021 list.