Weather Data Source: South Carolina Weather

Fidelity’s CEO Stephanie Ferris Remains Jacksonville’s Highest-Paid

Article Sponsored by:

Want to target the right audience? Sponsor our site and choose your specific industry to connect with a relevant audience.

What Sponsors Receive:
Prominent brand mentions across targeted, industry-focused articles
High-visibility placements that speak directly to an engaged local audience
Guaranteed coverage that maximizes exposure and reinforces your brand presence
Interested in seeing what sponsored content looks like on our platform?
Browse Examples of Sponsored News and Articles:
May’s Roofing & Contracting
Forwal Construction
NSC Clips
Real Internet Sales
Suited
Florida4Golf
Click the button below to sponsor our articles:
Abstract representation of corporate leadership and financial growth.

News Summary

Stephanie Ferris, CEO of Fidelity National Information Services Inc. (FIS), has been named Jacksonville’s highest-paid CEO for the second consecutive year, with a total compensation of $21.2 million in 2024. This represents a 6.8% increase from her $19.4 million package in 2023, driven primarily by stock awards totaling approximately $17.6 million. Despite the competitive landscape with other CEOs in Jacksonville earning lower compensation, the rise in executive pay continues amid broader economic factors that may influence future trends in remuneration.

Jacksonville – Stephanie Ferris, the chief executive officer of Fidelity National Information Services Inc. (FIS), has again secured her position as Jacksonville’s highest-paid CEO, with a total compensation of $21.2 million in 2024. This marks the second consecutive year Ferris has dominated the compensation rankings among CEOs of companies based in the area.

Ferris’s total remuneration reflects a notable increase from her previous year’s package of $19.4 million in 2023, signaling a robust performance in her first full year at the helm of FIS. This increase of 6.8% is slightly below the median pay increase of 7.5% reported for S&P 500 CEOs, as detailed by ISS-Corporate. The median compensation for S&P 500 chief executives in 2024 was noted at $16.8 million.

A significant portion of Ferris’s compensation package comes from stock awards, which amounted to approximately $17.6 million. Additionally, her base salary and cash incentive payments constituted roughly $3.5 million. In comparison, the median shareholder return for large companies, which may influence executive pay, stood at 15.1% in 2024.

Other CEOs in Jacksonville also reported lower compensation packages compared to Ferris, with Joseph Hinrichs of CSX Corp. earning $15.4 million, comprising $9.1 million in stock awards and $2.3 million in stock options. Lisa Palmer from Regency Center Corp. earned about $9.6 million, with stock awards valued at $5.7 million. Furthermore, Richard O’Dell from Proficient Auto Logistics received a total compensation of $18.8 million, mostly from stock awards worth $18.2 million following the company’s IPO in May 2024, with a cash component of $650,000.

In total, five other CEOs of Jacksonville-based firms also had compensation exceeding $10 million, highlighting a competitive pay landscape within the region.

The upward trend in executive compensation also comes amid broader economic factors that could influence future pay packages. Roy Saliba, a managing director at ISS-Corporate, has noted that market conditions, including tariffs and the potential for an economic recession, may impact overall CEO compensation increases moving forward. These external factors could lead companies to reassess their executive pay strategies to maintain shareholder satisfaction.

The analysis of Ferris’s compensation and that of other executives is based on proxy filings from 320 S&P 500 companies for shareholder meetings in 2024. These filings form a vital part of the corporate governance landscape, presenting shareholders with insights into executive remuneration and the performance measures linked to such pay packages.

As FIS continues to navigate the challenges and opportunities in the financial services sector, Ferris’s leadership and financial success will likely remain a focal point for both stakeholders and industry observers. The considerable compensation awarded to her and her peers underscores the evolving standards in executive pay and the continued emphasis on stock performance as a key determinant in their remuneration.

Deeper Dive: News & Info About This Topic

HERE Resources

Jacksonville’s Supermarket Transitions: Southeastern Grocers Restructures
Jacksonville Grocery Stores Restructure Amid Layoffs
Jacksonville Prepares for Winter Weather Challenges

Additional Resources

ADD MORE INFORMATION OR CONTRIBUTE TO OUR ARTICLE CLICK HERE!
Article Sponsored by:

Want to target the right audience? Sponsor our site and choose your specific industry to connect with a relevant audience.

What Sponsors Receive:
Prominent brand mentions across targeted, industry-focused articles
High-visibility placements that speak directly to an engaged local audience
Guaranteed coverage that maximizes exposure and reinforces your brand presence
Interested in seeing what sponsored content looks like on our platform?
Browse Examples of Sponsored News and Articles:
May’s Roofing & Contracting
Forwal Construction
NSC Clips
Real Internet Sales
Suited
Florida4Golf
Click the button below to sponsor our articles:
Construction Management Software for Contractors in Jacksonville, FL

CMiC delivers an advanced construction management software for contractors in Jacksonville, FL, helping them streamline project workflows, financial tracking, and resource management. The platform offers real-time data integration, allowing Jacksonville-based contractors to stay ahead of deadlines and improve project outcomes.

Learn More about CMiC’s offerings here. 

Stay Connected

More Updates

Would You Like To Add Your Business?

Sign Up Now and get your local business listed!