Align Technology chief is 2nd most 'overpaid' CEO, report finds

Align Technology President and CEO Joseph Hogan is the second most "overpaid" CEO, according to a report from the nonprofit shareholder advocacy group As You Sow.

The report evaluated the most "overpaid" CEOs of S&P 500 companies. The nonprofit used data on pay packages approved before June 30, 2019, to compute what CEO pay would be assuming pay is related to total shareholder return. The report also considered what percent of company shares were voted against the CEO pay package and the median employee salary.

Mr. Hogan's annual salary was $41.8 million. Of that, $27.1 million was excess pay, according to As You Sow. His CEO to worker pay ratio was 3,168 to 1.

Align Technology representatives did not respond to Becker's request for comment at the time of publication. 

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