Business

South Florida’s Top 5 Highest-Paid CEOs: A List

Fittingly, the top two execs made their fortunes in A/C and cryptocurrency, respectively.
Miami skyline before sunrise.
A Miami skyline before sunrise.

Photo by b k/Flickr

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Mirror, mirror, on the wall, who earns the biggest paycheck of them all?

In South Florida, quite fittingly, the answer turns out to be the CEOs of an air-conditioning company, a cryptocurrency mining firm, and a homebuilder.

Denise Hicks, a data researcher for the South Florida Business Journal, compiled a list of more than 50 of the highest-paid CEOs of publicly held companies across Miami-Dade, Broward, and Palm Beach counties, detailing their total compensation, including base salary, stock awards, and other earnings, all as reported in recent filings with the U.S. Securities and Exchange Commission (SEC).

While the newspaper’s subscribers can view the full list (and nonsubscribers can download it for $53), we’ll focus on the top five here — the portion of Hicks’ work that’s publicly visible without a subscription.

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Without further ado, a rundown of the five top-paid CEOs leading public companies in South Florida, with how their money pile breaks down:

5. Jonathan M. Jaffe

President and co-CEO of Lennar Corporation, a home construction company (NYSE: LEN)
Headquarters: Miami, Florida
Salary: $800,000
Stock awards: $23.37 million
Other compensation: $38,886
Most recent year total compensation: $25.09 million
Previous year total compensation: $29.14 million

Chewy CEO Sumit Singh in a March 2025 interview with CNBC.

Screenshot via CNBC Television/YouTube

4. Sumit Singh

CEO of Chewy, an online pet-supplies retailer (NYSE: CHWY)
Headquarters: Plantation, Florida
Salary: $1.25 million
Stock awards: $23.89 million
Other compensation: $1.44 million
Most recent year total compensation: $29.32 million
Previous year total compensation: $35.19 million

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3. Stuart Miller

Executive chairman and co-CEO of Lennar Corporation (NYSE: LEN)
Headquarters: Miami, Florida
Salary: $1 million
Stock awards: $26.7 million
Other compensation: $18,117
Most recent year total compensation: $29.55 million
Previous year total compensation: $34.28 million

2. Frederick Thiel

CEO of Mara Holdings (formerly Marathon Digital Holdings), a cryptocurrency mining company (NASDAQ: MARA)
Headquarters: Fort Lauderdale, Florida
Salary: $950,000
Stock awards: $40.09 million
Other compensation: $201,390
Most recent year total compensation: $43.24 million
Previous year total compensation: $36.12 million

1. David Gitlin

CEO of Carrier Global Corporation, a heating, ventilation, and air-conditioning (HVAC) company (NYSE: CARR)
Headquarters: Palm Beach Gardens, Florida
Salary: $1.48 million
Stock awards: $60.79 million
Other compensation: $926,134
Most recent year total compensation: $65.73 million
Previous year total compensation: $17.7 million

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