Memphis, TN, January 9, 2026
In Memphis, the average compensation for CEOs at the top eight public companies reached $12.6 million, with Greg Christopher of Mueller Industries earning the highest. The compensation packages typically comprise salary, bonuses, stock awards, and benefits, underscoring both competitive leadership and ongoing dialogue about income inequality. This average pay places local executives within the context of national averages, where the gap between CEO compensation and median employee salaries is significant, as seen with Kroger’s CEO earning $18 million in comparison to a median employee making $24,000.
Memphis, TN – Average CEO Pay for Top Public Firms Revealed
In fiscal year 2024, the average compensation for chief executive officers (CEOs) at Memphis’ top eight public companies was $12.6 million. Greg Christopher, CEO of Mueller Industries, led with the highest earnings among local executives.
Details of CEO Compensation
The compensation packages for these CEOs included base salaries, bonuses, stock awards, and other benefits. Specific figures for each executive were not disclosed in the available data, but the overall compensation highlights the competitive nature of executive roles within the Memphis economy.
Comparison with National Averages
Nationally, CEO compensation varies widely across industries and company sizes. For instance, in 2021, Kroger’s CEO, Rodney McMullen, received a total compensation of $18 million, while the median employee salary at Kroger was approximately $24,000.
Context on Executive Compensation
Executive compensation packages often include a combination of salary, bonuses, stock options, and other perks. These packages are typically designed to attract and retain top talent, aligning the interests of executives with those of shareholders. However, such compensation levels can also raise discussions about income inequality and the distribution of company profits, especially in a city like Memphis where community involvement and small business success are paramount.
About Mueller Industries
Mueller Industries is a leading manufacturer of copper, brass, aluminum, and plastic products, serving various industries including plumbing, HVAC, and refrigeration. The company’s performance plays a significant role in shaping the local economy and employment landscape.
Stock Information
As of January 9, 2026, Mueller Industries’ stock (MLI) is trading at $121.33 per share, reflecting a 1.81% increase from the previous close. This positive movement in stock price could indicate investor confidence in the company’s ability to grow and generate returns.
Conclusion
Executive compensation in Memphis reflects the broader dynamics of the business landscape, where high-caliber leadership is critical for fostering growth and innovation. With an average CEO salary of $12.6 million across top public firms, the discussion around executive pay continues to remain relevant, particularly in the context of community growth and prosperity. As we move forward, supporting local businesses and their leaders will be essential for continued economic development in Memphis.
Frequently Asked Questions
- What is the average CEO compensation for Memphis’ top public companies in fiscal year 2024?
- The average compensation was $12.6 million.
- Who had the highest compensation among Memphis’ top public company CEOs?
- Greg Christopher, CEO of Mueller Industries, had the highest compensation.
- How does this compare to national averages?
- Nationally, CEO compensation varies widely; for example, Kroger’s CEO received $18 million in 2021, while the median employee salary was $24,000.
- What factors contribute to executive compensation packages?
- Packages often include salary, bonuses, stock options, and other perks, designed to attract and retain top talent.
- What is Mueller Industries?
- Mueller Industries is a leading manufacturer of copper, brass, aluminum, and plastic products, serving industries like plumbing, HVAC, and refrigeration.
| Feature | Details |
|---|---|
| Average CEO Compensation in Memphis | $12.6 million in fiscal year 2024 |
| Highest Compensation | Greg Christopher, CEO of Mueller Industries |
| Comparison with National Averages | Kroger’s CEO received $18 million in 2021; median employee salary was $24,000 |
| Components of Executive Compensation | Salary, bonuses, stock options, and other perks |
| About Mueller Industries | Manufacturer of copper, brass, aluminum, and plastic products for plumbing, HVAC, and refrigeration industries |
| Mueller Industries Stock Information | Trading at $121.33 per share as of January 9, 2026 |
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