Business & Tech

What Virginia Executive Made More than $24M Last Year? Top 9 Virginia Executive Salaries

Average worker made just over $45,000.

The top-paid chief executive at a publicly traded company in Virginia earned more than $24 million last year, the AFL-CIO’s 2014 Executive PayWatch shows.

The analysis tracks the most recent salaries available for S&P 500 Index companies.

Nationally, the highest paid chief executives were Lawrence J. Ellison of Oracle Corp. and Elon Musk of Telsa Motors Inc., who were paid $78,440,657 and $78,150,010, respectively.

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Topping the Virginia list was Wesley G. Bush at Northrop Grumman in Falls Church.

The average CEO pay in the state was just over $5 million. By contrast, the average full-time worker made $45,263.

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Those listed as making over $10 million:

  1. NORTHROP GRUMMAN CORP., FALLS CHURCH, Wesley G. Bush, 2013, $24,411,853
  2. COMPUTER SCIENCES CORP., FALLS CHURCH J. Michael Lawrie, 2013, $21,288,188
  3. ALTRIA GROUP INC., RICHMOND, Martin J. Barrington, 2013, $20,139,967
  4. GENERAL DYNAMICS CORP., FALLS CHURCH, Phebe N. Novakovic, 2013, $19,033,073
  5. CAPITAL ONE FINANCIAL CORP., MCLEAN, Richard D. Fairbank, 2013, $18,294,525
  6. DOLLAR TREE INC., CHESAPEAKE, Bob Sasser, 2012, $16,889,790
  7. CACI INTL INC., ARLINGTON, Kenneth Asbury, 2013, $16,548,316
  8. DOMINION RESOURCES INC., RICHMOND, Thomas F. Farrell II, 2013, $10,914,261
  9. SMITHFIELD FOODS INC., SMITHFIELD, C. Larry Pope, 2013, $10,778,390


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