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CEO Pay Top 10

This photo combination shows the highest-paid CEOs at big U.S. companies for 2018, as calculated by The Associated Press and Equilar, an executive data firm. Top row, from left: David Zaslav, Discovery, $129.5 million; Robert Iger, Walt Disney, $65.6 million; Stephen MacMillan, Hologic, $42 million; Joseph Hogan, Align Technology, $41.8 million; and Daniel Schulman, PayPal, $37.8 million. Bottom row, from left: Reed Hastings, Netflix, $36.1 million; Brian Roberts, Comcast, $35 million; Robert Kotick, Activision Blizzard, $30.8 million; and James Dimon, JPMorgan Chase, $30 million. The third-highest paid CEO, Richard Handler of Jefferies Financial Group, is not pictured. Handler made $44.7 million. (AP Photo)

Here are the highest paid CEOs in the S&P 500 index for 2018, as calculated by The Associated Press and Equilar, an executive data firm.

The AP's compensation study covered 340 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy statements between Jan. 1 and April 30. Some companies with highly paid CEOs do not fit these criteria.

Pay for chief executives rose to a median of $12 million last year, including salary, stock and other compensation. Median means half were larger, and half were smaller.

Compensation often includes stock and option grants that the CEO may not receive for years unless certain performance measures are met. For some companies, big raises occur when CEOs get a stock or option grant in one year as part of a multi-year grant.

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