Dallas-Fort Worth Metro Highest Paid CEOs, 2023

When conducting a study on CEO compensation at public companies within Dallas-Fort Worth metroplex, Zayla Partners concluded that the highest paid CEOs were concentrated in companies in the Utility industry followed by Materials and Energy. Check out other findings below.

Pay Starts with Z™

How much does a CEO make in the Dallas-Fort Worth metro?

Executive Compensation information for fiscal year 2023 was gathered from SEC filings made available before May 31, 2024.

Analyzing summary compensation table values for 144 CEOs, Zayla noted companies reported an average total CEO pay of $7,791,939 annually.

Median total direct compensation for Dallas-Fort Worth CEOs was $4,644,850.  

On an average basis, this represents a 2% increase from FY2021 and the median actually decreased. This can likely be attributed to an increased number of companies with under $50M in annual revenue.

TOP 144 Highest Paid CEOs in DFW Metro

CompanyNameSalaryTotal Annual IncentivesStock AwardsOption AwardsChg Pension NQDC Excess EarningsAll OtherTotal CompensationRevenue (millions)Sector
TPG Inc.Jon Winkelried$509,615$0$184,999,271$0$0$13,177,040$198,685,926$1,535Financials
American Airlines Group Inc.Robert Isom$1,300,000$10,528,160$19,500,000$0$0$110,002$31,438,162$49,324Industrials
Mr. Cooper Group Inc.Jesse Bray$1,000,000$4,625,000$24,668,773$0$0$17,189$30,310,962$1,440Financials
Nexstar Media Group, Inc.Perry Sook$2,800,000$4,904,526$21,233,343$0$0$173,170$29,111,039$4,933Communication Services
AT&T Inc.John Stankey$2,400,000$6,440,000$16,500,000$0$750,966$359,191$26,450,157$122,428Communication Services
Caterpillar Inc.James Umpleby, III$1,752,500$5,733,900$8,499,949$8,500,034$0$1,343,949$25,830,332$63,869Industrials
Frontier Communications Parent, Inc.Nicholas Jeffery$1,300,000$2,990,000$20,786,986$0$0$13,038$25,090,024$5,751Communication Services
The Charles Schwab CorporationWalter Bettinger$1,500,000$4,104,000$10,950,019$7,300,015$17,710$23,871,744$7,986Financials
Encore Wire CorporationDaniel Jones$1,200,000$7,500,000$14,931,000$0$0$97,235$23,728,235$2,568Industrials
McKesson CorporationBrian Tyler$1,433,333$5,016,667$13,000,596$0$0$770,729$20,221,325$276,711Health Care
Fluor CorporationDavid Constable$1,350,045$3,381,800$12,398,674$1,477,532$0$269,239$18,877,290$15,474Industrials
Tenet Healthcare CorporationSaumya Sutaria$1,500,000$6,300,000$10,130,393$0$0$587,717$18,518,109$20,548Health Care
CBRE Group, Inc.Robert Sulentic$1,250,000$2,352,893$14,749,941$0$0$6,000$18,358,834$31,949Real Estate
Energy Transfer LPMarshall McCrea$1,432,554$2,300,000$13,282,060$0$0$25,167$17,039,781$77,525Energy
Energy Transfer LPThomas Long$1,432,554$2,300,000$13,282,060$0$0$25,167$17,039,781$77,525Energy
Kimberly-Clark CorporationMichael Hsu$1,471,250$3,530,558$10,799,903$0$0$726,341$16,528,052$20,431Consumer Staples
Texas Instruments IncorporatedHaviv Ilan$1,099,583$2,719,917$6,000,008$6,000,001$0$379,528$16,199,037$17,519Information Technology
Match Group, Inc.Bernard Kim$1,000,000$1,860,000$13,210,272$0$0$10,000$16,080,272$3,365Communication Services
HF Sinclair CorporationTimothy Go$1,030,000$1,810,658$12,336,306$0$34,289$316,565$15,527,818$31,964Energy
D.R. Horton, Inc.Paul Romanowski$500,000$6,314,679$7,219,367$0$95,396$59,900$14,189,342$34,659Consumer Discretionary
Celanese CorporationLori Ryerkerk$1,294,178$2,036,518$6,649,930$2,849,970$0$142,366$12,972,962$10,940Materials
FirstCash Holdings, Inc.Rick Wessel$1,321,593$3,805,580$7,016,337$0$0$113,385$12,256,895$2,918Financials
AECOMTroy Rudd$1,254,387$1,686,948$8,306,165$0$7,840$204,612$11,459,952$14,378Industrials
Omnicell, Inc.Randall Lipps$813,100$985,102$9,174,870$0$0$49,000$11,022,072$1,147Health Care
Flowserve CorporationRobert Rowe$1,200,000$2,670,000$6,270,244$0$422,246$20,996$10,583,487$4,321Industrials
Vistra Corp.James Burke$1,262,596$3,158,105$5,999,985$0$0$32,690$10,453,376$14,779Utilities
P10, Inc.Luke Sarsfield$190,972$0$7,000,005$0$0$94,673$7,285,651$239Financials
Comstock Resources, Inc.Miles Allison$880,000$3,554,720$4,517,889$0$646,634$316,901$9,916,144$1,565Energy
Upbound Group, Inc.Mitchell Fadel$1,100,000$2,138,400$6,502,656$0$0$49,995$9,791,051$3,992Consumer Discretionary
Kosmos Energy Ltd.Andrew Inglis$1,127,986$902,389$7,599,631$0$0$67,263$9,697,269$1,702Energy
Commercial Metals CompanyBarbara Smith$1,171,539$2,023,582$6,184,205$0$0$224,299$9,603,625$8,800Materials
Diodes IncorporatedKeh-Shew Lu$805,753$211,905$8,365,620$0$341$100,538$9,484,157$1,662Information Technology
Darling Ingredients Inc.Randall Stuewe$1,260,000$1,792,582$6,159,169$0$23,414$97,504$9,332,669$6,788Consumer Staples
Southwest Airlines Co.Robert Jordan$700,000$4,096,504$4,105,004$405,791$9,307,298$23,812Industrials
HighPeak Energy, Inc.Jack Hightower$2,000,000$975,000$0$5,520,000$0$747,950$9,242,950$1,111Energy
Tyler Technologies, Inc.Lynn Moore Jr.$675,000$0$8,343,692$9,900$9,028,592$1,952Information Technology
Cinemark Holdings, Inc.Sean Gamble$900,000$2,443,500$5,399,991$0$0$59,002$8,802,493$2,748Communication Services
Integer Holdings CorporationJoseph Dziedzic$1,227,596$1,913,184$5,499,971$0$0$97,746$8,738,497$1,597Health Care
Sabre CorporationKurt Ekert$852,116$1,126,808$6,329,742$0$0$172,024$8,480,690$2,908Consumer Discretionary
Builders FirstSource, Inc.David Rush$1,000,000$2,993,554$4,102,537$0$0$9,900$8,105,991$17,097Industrials
Atmos Energy CorporationJohn Akers$1,035,577$1,518,808$3,836,071$0$1,699,356$14,550$8,104,362$4,275Utilities
Matador Resources CompanyJoseph Foran$1,350,000$3,105,000$3,575,900$0$0$25,699$8,056,599$2,617Energy
Green Brick Partners, Inc.James Brickman$1,500,000$3,146,000$3,100,497$0$0$13,380$7,759,877$1,778Consumer Discretionary
Comerica IncorporatedCurtis Farmer$1,073,173$1,186,800$4,600,078$493,124$308,280$58,219$7,719,674$1,078Financials
ATI Inc.Robert Wetherbee$973,077$1,632,945$4,774,796$0$17,259$272,477$7,670,554$4,174Materials
Eagle Materials Inc.Michael Haack$1,000,000$2,012,014$3,375,000$1,125,000$0$102,774$7,614,788$2,148Materials
Sally Beauty Holdings, Inc.Denise Paulonis$1,129,231$1,377,935$4,701,885$0$0$21,884$7,230,935$3,728Consumer Discretionary
Globe Life Inc.Frank Svoboda$850,000$1,535,000$2,008,568$2,015,625$733,218$63,660$7,206,071$5,513Financials
Primoris Services CorporationThomas McCormick$890,769$1,338,077$4,630,038$0$0$145,744$7,004,628$5,715Industrials
Globe Life Inc.Matthew Darden$850,000$1,535,000$2,008,568$2,015,625$399,676$52,027$6,860,896$5,513Financials
Wingstop Inc.Michael Skipworth$740,000$1,650,000$4,425,150$0$0$30,565$6,845,715$460Consumer Discretionary
Sow Good Inc.Claudia Goldfarb$146,250$298,250$6,296,586$6,741,086$16Consumer Staples
AMN Healthcare Services, Inc.Caroline Grace$1,060,000$596,250$4,772,195$0$0$232,035$6,660,480$3,789Health Care
Arcosa, Inc.Antonio Carrillo$980,500$1,283,475$4,189,222$0$153$20,770$6,474,120$2,308Industrials
Jacobs Solutions Inc.Steven Demetriou$1,307,211$1,655,146$3,430,785$0$0$40,632$6,433,775$16,352Industrials
Brinker International, Inc.Kevin Hochman$900,000$1,142,574$3,809,892$0$0$442,581$6,295,047$4,133Consumer Discretionary
Range Resources CorporationDennis Degner$688,462$1,467,000$3,925,016$0$0$101,466$6,181,944$2,553Energy
Texas Pacific Land CorporationTyler Glover$850,000$1,412,785$3,771,255$0$40,477$34,200$6,108,717$632Energy
Applied Digital CorporationWesley Cummins$312,500$150,000$0$0$0$5,492,078$5,954,578$55Information Technology
Thryv Holdings, Inc.Joseph Walsh$1,060,900$1,696,910$0$3,000,000$0$53,317$5,811,127$917Communication Services
United States Lime & Minerals, Inc.Timothy Byrne$530,000$1,680,000$2,879,375$684,525$0$30,242$5,804,142$281Materials
Trinity Industries, Inc.Jean Savage$930,000$655,200$4,029,560$0$14,924$99,872$5,729,556$2,983Industrials
Goosehead Insurance, IncMark Jones$2,100,000$0$0$3,514,000$0$16,110$5,630,110$260Financials
CECO Environmental Corp.Todd Gleason$515,316$1,050,652$3,981,255$0$0$30,753$5,577,976$545Industrials
Sunoco LPJoseph Kim$649,500$1,015,000$3,759,700$0$44,275$16,832$5,485,307$23,068Energy
EnLink Midstream, LLCJesse Arenivas$720,192$918,245$3,500,766$0$0$325,930$5,465,133$6,879Energy
Six Flags Entertainment CorporationRichard Zimmerman$950,000$565,725$4,999,979$0$0$19,812$6,535,516$1,799Consumer Discretionary
Kimbell Royalty Partners, LPRobert Ravnaas$620,000$775,000$3,105,828$0$0$739,161$5,239,989$268Energy
Orthofix Medical Inc.Catherine Burzik$234,087$365,284$1,870,633$145,166$2,615,890$747Health Care
BeneficientBrad Heppner$225,000$50,000$542,888$0$0$4,361,573$5,179,461$0Financials
Texas Capital Bancshares, Inc.Robert Holmes$1,000,000$0$4,027,438$0$0$20,800$6,648,238$161Financials
Lennox International Inc.Alok Maskara$1,064,750$2,729,934$0$0$0$1,188,979$4,983,663$4,982Industrials
Alkami Technology, Inc.Alex Shootman$516,500$690,561$3,090,000$0$0$8,975$4,306,036$265Information Technology
CSW Industrials, Inc.Joseph Armes$700,000$1,223,950$2,251,035$0$0$101,502$4,276,487$758Industrials
Hilltop Holdings Inc.Jeremy Ford$800,000$641,333$2,645,459$0$0$143,965$4,230,757$729Financials
AZZ Inc.Thomas Ferguson$932,794$1,119,353$2,146,657$0$0$29,977$4,228,781$1,324Industrials
Addus HomeCare CorporationDirk Allison$940,385$1,330,000$1,874,985$0$0$24,471$4,169,841$1,059Health Care
biote Corp.Teresa Weber$600,875$457,125$0$2,758,739$0$0$3,816,739$185Health Care
RumbleOn, Inc.Michael Kennedy$76,731$0$0$3,590,000$0$0$3,666,731$1,249Consumer Discretionary
Berry CorporationFernando Araujo$525,000$559,125$2,288,176$0$0$19,800$3,392,101$863Energy
Enhabit, Inc.Barbara Jacobsmeyer$850,000$468,563$1,488,520$535,344$0$2,475$3,344,902$1,046Health Care
Triumph Financial, Inc.Aaron Graft$720,831$456,750$1,614,661$398,740$0$69,653$3,260,635$50Financials
Independent Bank Group, Inc.David Brooks$959,375$395,000$1,784,986$0$0$78,377$3,217,738$51Financials
European Wax Center, Inc.David Berg$511,058$474,676$1,099,997$1,099,995$0$30,882$3,216,608$209Consumer Discretionary
Finance of America Companies Inc.Brian Libman$850,000$650,000$1,500,001$0$0$9,900$3,009,901$18Financials
PHX Minerals Inc.Chad Stephens$400,000$212,525$2,159,843$0$0$44,137$2,816,505$36Energy
Ribbon Communications Inc.Bruce McClelland$750,000$0$1,915,427$0$0$32,697$2,698,394$826Information Technology
Ennis, Inc.Keith Walters$1,003,895$1,616,995$0$0$0$12,000$2,632,890$432Industrials
The Container Store Group, Inc.Satish Malhotra$911,538$296,250$1,356,249$0$0$5,692$2,569,730$1,047Consumer Discretionary
Forestar Group Inc.Daniel Bartok$400,000$1,550,000$599,994$17,289$2,567,283$1,437Real Estate
Landsea Homes CorporationJohn Ho$800,000$1,692,000$0$0$0$20,652$2,512,652$1,210Consumer Discretionary
Veritex Holdings, Inc.Charles Holland$800,000$480,000$832,026$0$0$332,369$2,444,395$19Financials
Dave & Buster’s Entertainment, Inc.Christopher Morris$764,423$0$1,124,973$374,982$0$33,895$2,298,273$1,964Consumer Discretionary
Kronos Worldwide, Inc.James Buch$2,138,000$0$0$0$0$0$2,138,000$1,667Materials
Valhi, Inc.Michael Simmons$2,106,000$0$0$0$0$0$2,106,000$1,922Materials
TFF Pharmaceuticals, Inc.Harlan Weisman$550,000$192,500$0$1,333,538$0$0$2,076,038$1Health Care
NexPoint Real Estate Finance, Inc.James Dondero$0$0$2,015,664$0$0$0$2,015,664$0Financials
Copart, Inc.Jeffrey Liaw$900,000$1,100,000$9,000$2,009,000$3,870Industrials
Katapult Holdings, Inc.Orlando Zayas$675,000$620,325$463,644$0$0$26,250$1,785,219$218Financials
Sonida Senior Living, Inc.Brandon Ribar$461,854$339,232$967,769$0$0$0$1,768,855$234Health Care
Tandy Leather Factory, Inc.Janet Carr$543,506$0$1,181,280$0$0$13,915$1,738,701$76Consumer Discretionary
Dorchester Minerals, L.P.Bradley Ehrman$400,000$245,000$880,010$0$0$66,000$1,591,010$156Energy
Instil Bio, Inc.Bronson Crouch$684,653$423,833$0$437,100$0$31,703$1,577,289$0Health Care
Taysha Gene Therapies, Inc.Sean Nolan$600,000$324,000$0$597,184$0$1,331$1,522,515$15Health Care
DallasNews CorporationGrant Moise$660,000$833,651$0$0$0$4,950$1,498,601$140Communication Services
Forte Biosciences, Inc.Paul A. Wagner$619,500$340,725$489,950$0$0$0$1,450,175$0Health Care
NL Industries, Inc.Courtney Riley$1,399,000$0$0$0$0$0$1,399,000$161Industrials
Spectral AI, Inc.Wensheng Fan$523,958$385,000$0$370,806$0$88,757$1,368,521$18Health Care
Guaranty Bancshares, Inc.Tyson Abston$658,056$604,141$0$0$70,406$27,686$1,360,289$23Financials
First Foundation Inc.Scott Kavanaugh$950,000$0$342,000$0$0$37,000$1,329,000$49Financials
CompX International Inc.Scott James$593,882$675,000$0$0$0$46,595$1,315,477$161Industrials
Granite Ridge Resources, Inc.Luke Brandenberg$400,000$300,000$355,824$161,710$0$6,000$1,223,534$369Energy
Fossil Group, Inc.Jeffrey Boyer$719,250$197,794$262,598$0$0$24,594$1,204,236$1,412Consumer Discretionary
Retractable Technologies, Inc.Thomas Shaw$1,139,550$0$0$0$0$9,900$1,149,450$44Health Care
Vivakor, Inc.James Ballengee$1,000,000$0$0$0$0$76,923$1,076,923$59Energy
BGSF, Inc.Beth Garvey$425,000$297,500$79,598$203,268$0$15,521$1,020,887$313Industrials
SWK Holdings CorporationJody. Staggs$408,077$525,269$0$0$0$19,800$953,146$0Financials
Sanara MedTech Inc.Zachary Fleming$290,000$245,000$362,046$0$0$12,599$909,645$65Health Care
Southland Holdings, Inc.Frankie Renda$596,600$207,000$0$0$0$98,351$901,951$1,160Industrials
ProFrac Holding Corp.Matthew Wilks$475,000$0$411,139$0$0$15,036$901,175$2,630Energy
Rave Restaurant Group, Inc.Brandon Solano$350,000$276,900$259,473$0$0$327$886,700$12Consumer Discretionary
Exela Technologies, Inc.Suresh Yannamani$422,500$422,500$0$0$0$0$845,000$1,064Industrials
Psychemedics CorporationBrian Hullinger$125,558$25,000$0$612,000$0$0$762,558$22Health Care
Quest Resource Holding CorporationRay Hatch$375,000$125,000$0$211,904$0$19,630$731,534$288Industrials
Lantern Pharma Inc.Panna Sharma$525,300$149,185$0$0$0$9,900$684,385$0Health Care
Stryve Foods, Inc.Christopher Boever$439,583$90,000$148,297$0$0$6,271$684,151$18Consumer Staples
Solo Brands, Inc.John Merris$650,405$0$0$0$0$9,900$660,305$495Consumer Discretionary
Mangoceuticals, Inc.Jacob Cohen$260,000$0$0$362,238$0$18,000$640,238$1Consumer Staples
Atrion CorporationEmile Battat$600,000$0$0$0$0$32,564$632,564$169Health Care
Sadot Group Inc.Kevin Mohan$200,000$200,000$131,000$76,000$0$0$607,000$727Consumer Staples
Farmer Bros. Co.Jared Vitemb$310,961$0$224,998$0$0$16,759$552,718$340Consumer Staples
Arcadia Biosciences, Inc.Thomas Schaefer$260,000$98,150$0$22,388$0$0$380,538$5Consumer Staples
Optex Systems Holdings, IncDanny Schoening$303,546$76,228$79,329$0$0$0$459,103$26Industrials
Heart Test Laboratories, Inc.Andrew Simpson$234,139$30,000$0$191,805$0$0$455,944$0Health Care
Legacy Housing CorporationDuncan Bates$300,000$100,000$0$0$0$0$400,000$145Consumer Discretionary
Copart, Inc.Jayson Adair$1$0$0$0$0$384,575$384,576$3,870Industrials
GameSquare Holdings, Inc.Louis Schwartz$341,667$0$0$0$0$22,561$364,228$52Communication Services
MDB Capital Holdings, LLCChristopher Marlett$350,000$0$0$12,650$0$0$362,650$0Financials
Mannatech, IncorporatedLanden Fredrick$312,000$6,000$0$0$0$22,083$340,083$132Consumer Staples
Massimo GroupDavid Shan$272,115$0$0$0$0$0$272,115$115Consumer Discretionary
Blackboxstocks Inc.Gust Kepler$200,000$14,058$0$0$0$0$214,058$3Information Technology
Wilhelmina International, Inc.Mark Schwarz$150,000$0$0$0$0$0$150,000$17Industrials
CorVel CorporationVictor Clemons$9,286$0$0$68,956$0$393$152,523$719Health Care
New Concept Energy, Inc.Gene Bertcher$56,500$0$0$0$0$0$56,500$0Real Estate

How DFW companies deliver CEO compensation?

On average, CEOs in Dallas-Ft. Worth received 10% of their total annual compensation in the form of base salary ($821,622). A significant portion of total direct compensation – 86% – was delivered in the form of incentive pay between short and long-term incentive elements.

Company Size Doesn't Always Matter.

While conventional wisdom holds that the bigger the company, the bigger the CEO pay, this isn’t true for the top 10 paid CEOs in DFW. The charts below illustrate the top 10 paid CEOs in DFW and the relationship of their company’s revenue.

CompanyNameSalaryTotal Annual IncentivesStock AwardsOption AwardsChg Pension NQDC Excess EarningsAll OtherTotal CompensationRevenue (millions)Sector
TPG Inc.Jon Winkelried$509,615$0$184,999,271$0$0$13,177,040$198,685,926$1,535Financials
American Airlines Group Inc.Robert Isom$1,300,000$10,528,160$19,500,000$0$0$110,002$31,438,162$49,324Industrials
Mr. Cooper Group Inc.Jesse Bray$1,000,000$4,625,000$24,668,773$0$0$17,189$30,310,962$1,440Financials
Nexstar Media Group, Inc.Perry Sook$2,800,000$4,904,526$21,233,343$0$0$173,170$29,111,039$4,933Communication Services
AT&T Inc.John Stankey$2,400,000$6,440,000$16,500,000$0$750,966$359,191$26,450,157$122,428Communication Services
Caterpillar Inc.James Umpleby, III$1,752,500$5,733,900$8,499,949$8,500,034$0$1,343,949$25,830,332$63,869Industrials
Frontier Communications Parent, Inc.Nicholas Jeffery$1,300,000$2,990,000$20,786,986$0$0$13,038$25,090,024$5,751Communication Services
The Charles Schwab CorporationWalter Bettinger$1,500,000$4,104,000$10,950,019$7,300,015$17,710$23,871,744$7,986Financials
Encore Wire CorporationDaniel Jones$1,200,000$7,500,000$14,931,000$0$0$97,235$23,728,235$2,568Industrials
McKesson CorporationBrian Tyler$1,433,333$5,016,667$13,000,596$0$0$770,729$20,221,325$276,711Health Care

Top 10 Paid CEOs Comparisons

DFW CEO Compensation Mix 2024
DFW Revenue & CEO Total Comp 2024

What industries in DFW have the
Highest CEO Pay?

Zayla analyzed the relationships of company financials and CEO compensation for fiscal year 2023 across the 141-company universe (three have co-CEOs). Looking at median pay levels, Zayla noted companies in the Utilities sector had the highest CEO pay, followed by Materials and Energy.

  • DFW Utilities Companies: Median CEO TDC is $9,278,869 and median revenue is $9.5B
  • DFW Materials Companies: Median CEO TDC is $7,614,788 and median revenue is $2.1B
  • DFW Energy Companies: Median CEO TDC is $5,797,012 and median revenue is $1.6B

 

This is a slight shift from 2022 filings when highest paid DFW sectors were Communications Services, Energy and Materials with median CEO pay of $7.6mm, $6.91mm and $6.63mm respectively.

Diversity in the CEO seat

Among the 144 CEOs analyzed in DFW, Zayla notes that 92% were men and 8% were women

DFW CEO gender diversity 2024

Pay equity has received much more attention in boardroom and courtrooms across the US. While DFW companies have adopted progressive pay equity, many platforms promoted more women and minorities and elected more women and minorities to boards but the CEO seat is still male dominant. 

For fiscal year 2023, the top paid CEO amongst Dallas-Fort Worth public companies: Jon Winkelried

Jon Winkelried, CEO of TPG Inc.

We note that the majority of Mr. Winkelried’s stock awards were “non-recurring special purpose long-term performance incentive awards.”

Salary: $509,615
Stock Awards: $184,999,271
All Other: $13,177,040
TOTAL COMPENSATION: $198,685,926

ABOUT OUR DATA
Compensation data was aggregated from proxy statements and annual reports filed before May 31, 2024.  Zayla is a compensation consulting firm serving public, private, not-for-profit and public administration organizations across the United States, including Houston, Dallas/Fort Worth, Austin/San AntonioDenver and Louisiana.

SIMILAR ANALYSIS
Highest Paid CEOs: Dallas 2022, Austin/San Antonio, Denver, Houston 2022, Houston 2023, Louisiana

SOURCES
S&P Capital IQ
Securities & Exchange Commission (SEC) filings