NCTREND
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We love getting feedback from our readers. Here’s a sampling of what you had to say about Business North Carolina on social media last month.
Power List
Lisa Shpritz @lshpritz The need for outstanding leadership has never been greater. @BusinessNC’s Power List 2022 was recently released, and @BankofAmerica has not only one but two #NorthCarolina leaders on it. Congrats @DSteveBoland and Aditya Bhasin! https://bit.ly/3NsnIl9
ight CEOs of North Carolina companies received total compensation of about $15 million or more in 2021, according to proxy filings. Iqvia leader Ari Bousbib and Honeywell’s Darius Adamcyzk topped the list. Bousbib led Danbury, Connecticut-based IMS Health before its 2016 merger with Durham-based Quintiles to create Iqvia. Adamcyzk became Honeywell’s CEO in 2017. Pay doesn’t necessarily match performance. The total returns of two companies led by the eight highest-paid CEOs topped the 53% increase in the S&P 500 Index in the five years through June 14. One company matched that return, while four underperformed the index. Krispy Kreme hasn’t been public for five years.
HIGHEST PAID N.C. CEOS Driven Brands
CEO, company
Total compensation in 2021
5-year total return *
Driven Brands Inc.
Ari Bousbib, Iqvia
$28.6 million
131%
Read the profile of Driven Brands in the June edition of Business North Carolina magazine. https://bit.ly/3NPaC16
Darius Adamcyzk, Honeywell
$26.1 million
44%
Brian Moynihan, Bank of America
$23.7 million
49%
Michael Tattersfield, Krispy Kreme
$23.7 million
NA
Adam Schechter, Labcorp
$20.5 million
53%
Marvin Ellison, Lowe’s
$17.9 million
148%
quismachinery
Lynn Good, Duke Energy
$16.5 million
48%
Once again, we were proud to be a sponsor at MFGCON, NC’s premier manufacturing conference. Many thanks to @ businessnorthcarolina and NC Manufacturing Extension Partnership (NCMEP) for planning and hosting the event. The confluence of so many of our state’s innovators and business
Howard Nye, Martin Marietta
$14.9 million
40%
MFGCON
NORTH CAROLINA CEOS WITH THE BEST FIVE-YEAR RETURNS CEO, company
Total compensation in 2021
5-year total return *
Greg Gantt, Old Dominion Freight Line
$10.8 million
283%
Frank Harrison III, Coca Cola Consolidated
$13.6 million
138%
James Lanning, Ingles Markets
$1.9 million
130%
David Smith, Sonic Automotive
$6.5 million
103%
Gene Lowe III, SPX
$6.5 million
98%
*Five-year return through June 14
SCAN ME
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6/17/22 10:44 PM