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Honeywell CEO earns 333 times more than average worker at the company

One of the first CEO-pay disclosures from a major U.S. company shows a ratio of top-executive compensation to regular-employee compensation of 333 to one.

In a recent preliminary proxy filing with the Securities and Exchange Commission, aerospace and industrial company Honeywell International Inc. HON, -0.19% said that in fiscal 2017, the annual total compensation of the employee identified as at the median of the company was $50,296.

The company said it identified that “median employee” by following SEC rules and analyzing compensation for its more than 143,000 employees globally.

Since the company had two CEOs in 2017, it elected to select Darius Adamczyk’s compensation as he was the active CEO at the end of the year.

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