Bank of America CEO racks up the most use of the corporate jet

Laptop On Flight Airplane

So, which CEOs make the most of their jet perks ?

Fortune magazine reports pay research company Equilar recently found that of the 95 public Fortune 100 companies, 65 CEOs were either eligible for or received some form of jet perk.

Equilar noted that two CEOs who did not have the perk were running airlines, where complimentary air travel is typically provided to all employees. The average annual cost of the perk, at least at the companies that disclosed the figures, was $141,187, which typically represented about two-fifths of total perk spending.

So, which CEOs make the most of their jet perks ? The five most expensive CEOs to fly around were Brian Moynihan at Bank of America, James McNerney at Boeing, Jeffrey Immelt at General Electric, Robert Iger at Disney, and Ryan Lance at ConocoPhillips.

Bank of America CEO Brian Moynihan’s jetting around cost the company $448,251 in 2013. Spokesperson Lawrence Grayson said that Moynihan reimburses the company for personal use of the aircraft.

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