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Highest-paid executives
Ranked by total compensation for most recent fiscal year available for public companies headquartered in Central Mass. (a)

Total compensation
CEO pay ratio/
median employee salary (b)
Non-equity incentive plan compensation
Option awards
Stock awards
Other annual compensation
1Ernie Herrman, president & CEO
The TJX Cos. Inc., Framingham
$16,880,171 (c)
$11,243 (d)
$1,286,199 (e)
2Carol M. Meyrowitz, executive chairman
The TJX Cos. Inc., Framingham
$13,355,228 (c)
$4,217,594 (e)
3Michael F. Mahoney, chairman, president & CEO
Boston Scientific Corp., Marlborough
$417,144 (e)

Source: The U.S. Securities & Exchange Commission proxy statements. Notes: Following the $6.9-billion acquisition by N.Y., New York-based Sycamore Partners, Framingham's Staples Inc. is no longer a public company. Dell EMC Inc. began trading on Dec. 28, 2018.
(a) Compensation is for fiscal year 2017 unless otherwise noted; as most SEC filings for fiscal year 2018 will be available in March or April, the list will be updated again this year for the Book of Lists.
(b) New disclosure requirement is a component of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act; see company filings for details on how pay ratio and median compensation were calculated.
(c) For fiscal year ended Jan. 31, 2018
(d) For purposes of this estimate, median employee was a part-time hourly retail store associate.
(e) Change in pension value and non-qualified deferred compensation earnings
- Compiled by: Stephanie R. Meagher,
Copyright 2017 New England Business Media