CenturyLink CEO and President Glen E. Post III has the distinction of being the highest paid executive in Louisiana, earning $13.6 million in 2016, according to a new survey by The Associated Press and Equilar, an executive data firm.
The survey considered only publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and May 1.
It includes CEOs who have been in place for at least two years. Not every state had a publicly traded company headquartered there that was large enough to be included. The typical CEO in the Standard & Poor’s 500 index made $11.5 million last year.
Post joined the Monroe-based CenturyLink in 1976 and became CEO in 1992. He’s held various management roles in the company and has directed numerous acquisitions and divestitures during his tenure at the company. In October, CenturyLink acquired Colorado-based Level 3 Communications in a $34 billion deal. The Wall Street Journal last year profiled Post’s efforts to transform the company into one of the biggest internet providers in the world.
