10 Executives with Highest Paycheck [PICS]
As quoted from page cnn.com, Wednesday, March 13, 2011, there are currently about 20 executives (chief executive officer / CEO) who earn up to millions of U.S. dollars during 2010.
Here's 10 Executives ranking with the highest income in the world:
Started from number 10 is...
10. David N Farr
As a top management and CEO of company which engaged in manufacturing and industrial sectors, particularly electricity, David N Farr earn an income of U.S. $ 22.94 million in 2010.
The biggest income of former CEO of Emerson's subsidiary in Hong Kong Astec International is largely in the form of shares worth U.S. $ 19.08 million. Meanwhile, the income derived from salaries is only U.S. $ 1.19 million.
Farr last year earn bonus from the company of U.S. $ 2.2 million and income from other sources worth U.S. $ 474.86 thousand.
9. Samuel J Palmisano
One more CEO from the Information Technology (IT) Sector are included in the top 10 executives of the largest income in 2010 was Samuel J. Palmisano, the CEO of IBM (International Business Machine). Last year, he earned of U.S. $ 25.18 million.
Palmisano was first joined IBM in 1973. Now, the 59-years-old man received a salary of U.S. $ 1.8 million during 2010.
However, the most coffers Palmisano get is from the income shares whose value reached U.S. $ 13.32 million. The man who has served as director at the oil company, Exxon-Mobil Corporation also received a bonus in 2010 amounted to U.S. $ 9 million. While income from other sources is U.S. $ 1.06 million.
8. Alan Mulally
This executive is one of the CEOs of the automotive industry and emerge as the largest recipient of income during 2010. Alan Mulally is the CEO and chairman of Ford Motor Company who received income last year amounted to U.S. $ 26.52 million.
The biggest income of former vice president of The Boeing Company is derived from the bonus of U.S. $ 9.45 million, followed by income from options granted amounted to U.S. $ 7.50 million and shares of U.S. $ 7.49 million.
Mulally last year received a salary of U.S. $ 1.4 million with income from other sources amounted to U.S. $ 678.02 thousand.
7. Robert A Iger
Again, one is from the CEO whose company is engaged in the media industry and nominated as the highest-paid CEO in 2010. Robert A Iger is chairman and CEO of Walt Disney which he is in office since October 2005.
The company who famous for its animated product Mickey Mouse are giving away an income to Iger in 2010 amounted to U.S. $ 28.02 million. Iger enjoys the greatest income from a bonus of U.S. $ 13.46 million, or more than 6 times the salary he received that is $ 2 million.
From other sources of income are from the stock worth U.S. $ 7.36 million and options granted worth U.S. $ 4.39 million. Additional wealth of former President of Walt Disney International and President of the ABC Group is from the other unknown source of income worth U.S. $ 798.43 thousand.
6. Brian L Roberts
As the company leader of the telephone cable, TV digital cable, and Internet Comcast Corporation, Brian Roberts was elected as CEO in November 2002. He was then appointed as head of the company in May 2004. 50-years-old man received income during 2010 worth of U.S. $ 28.15 million.
The largest paycheck was when he served as director of Comcast in 1988, of which came from bonuses worth of U.S. $ 10.92 million. Meanwhile, income from shares and options granted amounted to U.S. $ 5.31 million and U.S. $ 5.92 million.
In addition, Roberts still receive income from other sources whose value reached U.S. $ 3.20 million.
5. John F Lundgren
Lundgren is the president and CEO of companies engaged in various industries such as construction till Stanley Black & Decker Security Systems. As the leader of the company, he received an income during 2010 amounted to U.S. $ 32.57 million.
Same with the previous CEO, Lundgren income is came from the stock whose value reached U.S. $ 25.34 million. Lundgren also received a large income from a bonus of U.S. $ 4.34 million. Meanwhile, the income of the option granted worth U.S. $ 1.255 million.
Lundgren income derived from salaries worth of U.S. $ 1.21 million and income from other sources worth of U.S. $ 416.13 thousand.
4. Michael D White
As the new leader of the DirecTV company who effectively served as CEO on January 1, 2010, White incomes are accounted for as high as U.S. $ 32.93 million.
The income of Former director of PepsiCo's 2003-2009 period is largely derived from the income shares of U.S. $ 14.69 million, followed by the option granted U.S. $ 12.49 million. White received salary from DIRECTV is only worth U.S. $ 1.45 million and other incomes worth U.S. $ 296.94 thousand.
3. Lawrence J Ellison
As the CEO and founder of ORACLE, an Information Technology Company, Lawrence J Ellison's earning during 2010 amounted to U.S. $ 70.14 million. As a CEO who has long controlled the Oracle from 1977, Ellison pocketed in the form of salary income in 2010 amounted to U.S. $ 250 thousand or less than the previous CEOs.
The biggest income of this CEOs who are considered visionary in the field of information technology is derived from options granted which reached U.S. $ 61.94 million. Meanwhile, income from a bonus is worth of U.S. $ 6.45 million. Ellison's earning are getting fatter with additional income from other sources that reached up to U.S. $ 1.49 million.
2. Ray R Irani
The second position of the list falls to Ray R Irani who is the chairman of Occidental Petroleum, an oil company. As an oil company boss, Irani earned amounted to U.S. $ 76.107 million last year. His income consists a salary of U.S. $ 1.191 million, a bonus of U.S. $ 32.97 million and an award of new shares of U.S. $ 40.25 million, as well as other income of U.S. $ 1.69 million.
76-years-old man has become chairman and CEO of Occidental Petroleum Corporation since 1990 and served as president from 2005-2007. Irani will be appointed as executive chairman in May 2011.
1. Philippe P Dauman
From the known research's result is that Viacom CEO Philippe P Dauman is an executive with the highest salary of up to U.S. $ 84.46 million during 2010. His largest earning is from the company which engaged in the media that is U.S. $ 2.625 million of salary, a bonus of U.S. $ 11.25 million, an award of new shares of U.S. $ 41.83 million, the option granted U.S. $ 28.62 million, as well as other income of U.S. $ 141 thousand.
Dauman served as president and CEO of Viacom since September 2006 and has been a member of the board of directors since January 1, 2006. Dauman previous position was a director since 1987. Prior to joining Viacom, Dauman had previously worked as co-chairman and CEO of a private equity firm, DND Capital Partners LLC which specializes in media and telecommunications investments.
hmm.. Look like the executives above no longer need to struggle with more money as they have a fat paycheck already. Tell me what do you think with the above executives!
Be Social, Leave your feedback!