13 Georgia GCs Who've Earned Big-Time Comp Packages
What the 2018 proxy filings from the Fortune 1000 show us about the pay for the 13 statewide public companies' top legal officers.
September 06, 2019 at 04:30 PM
2 minute read
Georgia's legal compensation queen is back. For the second year in a row, Aflac Inc. executive vice president and general counsel Audrey Boone Tillman was the highest-paid legal boss at a public company in Georgia, according to data released recently from ALM's 2019 GC Compensation Survey. The list of 13 legal executives statewide also includes another woman and a few newcomers making their debuts. But before we delve further into the rankings and numbers, a quick word on methodology: Daily Report affiliate ALM Legal Intelligence sifted through 2018 proxy filings from the Fortune 1000 to determine pay for companies' top legal officers. Despite being well-paid, some prominent Georgia GCs like UPS Inc.'s Norm Brothers do not appear in the survey because they are not among the five best-compensated executives at their companies. Similarly, others are omitted—Chick-fil-A's Lynn Chastain, for example—because they are at the helm of privately-held companies' legal departments. The survey ranks GCs by total cash compensation, which is a combination of base salary, cash bonus and nonequity incentives (a form of pay made popular after the Dodd-Frank Act; it is discretionary and often performance-based). ALM Legal Intelligence does not factor stock awards and options into the rankings, though data are collected about this often significant compensation element. Each of the GCs listed either did not respond to requests for comment or declined comment for this story. Click on the arrows above and on the names on each slide to read about the highest compensated GCs that the survey found at Georgia-based public companies last year.
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