Utah System of Higher Education
Harris Simmons

SALT LAKE CITY — Harris Simmons, CEO and president of Zions Bancorp, made $3.2 million in 2017, making him the highest paid executive in the Beehive State, according to a new report released Friday.

The report, by the Associated Press and executive data firm Equilar, considered only publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30.

According to the Zions Bancorp. website, Harris has been president and chief executive officer of Zions Bancorp. since 1990 and chairman since 2002. Prior to 1998, he was president and chief executive officer of Zions First National Bank and has been an officer of the company since 1981.

In Friday's report, not every state had a publicly traded company headquartered there that was large enough to be included on the list. The survey included only CEOs who have been in place for at least two years, but it does not limit the survey to companies in the S&P 500, as the AP's general compensation study does.

For some companies, big raises can occur when CEOs get a stock grant in one year as part of a multiyear grant.

Simmons first worked for Zions in 1970 and has served in a variety of positions with Zions First National Bank and Zions Bancorp. in his more than 35 years with the organization. He is also a director of Dominion Midstream Partners and O.C. Tanner, the website stated. Earlier this month, the Utah State Board of Regents elected Simmons as its chairman.

He received a bachelor’s degree in economics from the University of Utah and a Masters of Business Administration degree from the Harvard Business School. He has also been an active community member, having served on numerous civic boards throughout his career.

The typical CEO in the Standard & Poor's 500 index made $11.7 million last year. To calculate CEO pay, Equilar added salary, bonus, stock awards, stock option awards, deferred compensation and other components that included benefits and perks.

Top paid CEOs by state

Alabama: O. B. Grayson Hall Jr., Regions Financial, $9.4 million (Hall is stepping down in July.)

Arkansas: C. Douglas McMillon, Walmart, $22.8 million

Arizona: Richard C. Adkerson, Freeport-McMoRan, $16.2 million

California: Michael Rapino , Live Nation Entertainment, $70.6 million

Colorado: Gregory B. Maffei, Liberty Media & Qurate Retail Group, $67.6 million

Connecticut: Mark T. Bertolini, Aetna, $18.7 million

Washington, D.C.: Thomas P. Joyce, Danaher, $14.8 million

Delaware: Hervé Hoppenot, Incyte, $16.1 million

Florida: Brian D. Jellison, Roper Technologies, $29.2 million

Georgia: Frank J. Bisignano, First Data, $102.2 million

Hawaii: Constance H. Lau, Hawaiian Electric Industries, $5.4 million

Iowa: Daniel J. Houston, Principal Financial Group, $9.4 million

Idaho: Thomas K. Corrick , Boise Cascade , $4.1 million

Illinois: Debra A. Cafaro, Ventas, $25.3 million

Indiana: N. Thomas Linebarger, Cummins, $13.2 million

Kansas: Michael J. Brown, Euronet Worldwide, $3.9 million

Kentucky: Scott L. Thompson, Tempur Sealy International, $18 million

Louisiana: Glen F. Post III, CenturyLink, $14.3 million (Post retired at the company's annual meeting, which was on Wednesday.)

Massachusetts: Stephen Kaufer, TripAdvisor, $43.2 million

Maryland: David M. Zaslav, Discovery Communications, $42.2 million

Maine: Melissa D. Smith, WEX, $10.8 million

Michigan: Mary T. Barra, General Motors, $21.9 million

Minnesota: James M. Cracchiolo, Ameriprise Financial, $22.4 million

Missouri: Michael F. Neidorff, Centene, $25.3 million

Mississippi: Joe F. Sanderson Jr., Sanderson Farms, $6.6 million

North Carolina: Brian T. Moynihan, Bank of America, $21.4 million

North Dakota: David L. Goodin, MDU Resources Group, $3.7 million

Nebraska: Lance M. Fritz, Union Pacific, $11.3 million

New Hampshire: Timothy McGrath, PC Connection, $1.6 million

New Jersey: Alex Gorsky, Johnson & Johnson, $23 million

New Mexico: Patricia K. Collawn, PNM Resources, $4.4 million

Nevada: Stephen A. Wynn, Wynn Resorts, $34.5 million (Wynn left the CEO position in February.)

New York: Leslie Moonves, CBS, $68.4 million

Ohio: W. Nicholas Howley, TransDigm Group, $61 million

Oklahoma: Robert D. Lawler, Chesapeake Energy, $14.9 million

Oregon: Bryan B. DeBoer, Lithia Motors, $5.9 million

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Pennsylvania: Brian L. Roberts, Comcast, $32.5 million

Rhode Island: Scott C. Donnelly, Textron, $13.1 million

South Carolina: John D. Williams, Domtar, $7 million

South Dakota: David R. Emery, Black Hills, $3.4 million

Tennessee: Mark J. Costa, Eastman Chemical, $14 million

Texas: Randall L. Stephenson, AT&T, $25.6 million

Utah: Harris H. Simmons, Zions, $3.2 million

Virginia: Phebe N. Novakovic, General Dynamics, $21.2 million

Washington: John J. Legere, T-Mobile US, $23.6 million

Wisconsin: Jonas Prising, ManpowerGroup Inc., $12 million