As executive responsibilities expand and risks multiply, the perks that come with the corner office are evolving to meet modern demands.
Why it matters: According to FW Cook’s Executive Perquisites report, enhanced security and private air travel are becoming increasingly common among S&P 100 CEOs, reflecting heightened focus on risk management priorities and executive well-being.
Security in Focus: Following several high-profile tragedies involving leaders at UnitedHealth Group, Blackstone, and the NFL’s corporate office, corporate boards focused on protecting top executives.
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The median spend on CEO security grew modestly overall, while the 75th percentile saw a sharper rise — from $348,000 in 2021 to $784,000 in 2024.
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About 20% of companies also extend security perks to other named executive officers, with median values between $15,000 to $35,000.
Meanwhile, the Center continues to advocate that security costs incurred outside the workplace be treated as business expenses, not perks — underscoring that these measures protect corporate assets and leadership continuity.
Private Air Travel: While security has risen sharply, personal use of company aircraft remains the most prevalent CEO perk.
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In 2024, 76% of CEOs received this “perk”, up from 70% in 2021, and many are required to travel privately under company security policies (the company does not consider it a perk).
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The median value rose to $210,000 annually, compared to $129,000 in 2023 reflecting incremental costs such as fuel, maintenance and catering.
Other Perks: Executive physicals are now offered by 28% of companies (up 5% since 2021), while financial and tax planning and company-issued vehicles remain steady at 40% and 38%, respectively.
Modern Leadership Needs: Today’s CEO operates in an environment defined by 24/7 visibility, rapid mobility, and exposure both physical and digital. Companies are responding with perks designed around safety, efficiency, and continuity, ensuring leaders can focus on what matters most: leading.
