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By: Paul Toscano, Producer, CNBC.com | 04 May 2009 | 04:15 PM ET
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The Highest Paid Chief Executives
Source: Salary Data from Equilar, Revenues data from Thompson Reuters, 2008 stock percent changes from LIM.
The compensation of executives running American companies has come under fire throughout the financial crisis, with questions over whether such high pay levels are justified--and whether they make good business sense.The New York Times tasked Equilar, an information services firm that specializes in executive compensation, to compile data on the 2008 compensation of 200 chief executives at 198 public companies. All the firms surveyed filed their annual proxies by March 27 and had revenue of at least $6.3 billion. Even many of the best companies suffered losses in 2008, but among the 15 highest paid executives, only one heads a company that did not experience a double-digit percentage drops in stock price, with five firms losing more than half their market value. For critics of large executive compensation, these companies are extremely susceptible to criticism. So, who are the highest paid top execs? Click ahead to find out!By Paul ToscanoPosted 4 May 2009


15. James T. Hackett – $22.2 million
Photo: otcnet.comCompensation Data Courtesy: New York Times & Equilar
Company: Anadarko Petroleum (APC)2008 Stock Price % Change: -41.3%Annual Revenue: $15.723 billionCEO Compensation Change from 2007: -17%Compensation Breakdown:Base Salary: $1,510,385Bonus: $3,416,491Perks: $571,276Stock: $9,572,026Options: $ 7,121,658

14. John J. Donahoe – $22.5 million
Photo Courtesy: IntelCompensation Data Courtesy: New York Times & Equilar
Company: eBay (EBAY)2008 Stock Price % Change: -57.9%Annual Revenue: $8.541 billionCEO Compensation Change from 2007: n/a*Compensation Breakdown:Base Salary: $879,808Bonus: $500,000Perks: $279,108Stock: $11,774,468Options: $9,029,509*2008 was first year as CEO

13. Robert J. Stevens – $22.9 million
Photo Courtesy: Lockheed MartinCompensation Data Courtesy: New York Times & Equilar
Company: Lockheed Martin (LMT)2008 Stock Price % Change: -20.1%Annual Revenue: $42.731 billionCEO Compensation Change from 2007: -5%Compensation Breakdown:Base Salary: $1,774,038Bonus: $12,817,750Perks: $451,414Stock: $2,992,360Options: $4,827,500

12. Gregory Brown – $24.2 million   (Co-CEO)
Photo Courtesy: MotorolaCompensation Data Courtesy: New York Times & Equilar
Company: Motorola (MOT)2008 Stock Price % Change: -72.4%Annual Revenue: $30.146 billionCEO Compensation Change from 2007: n/a*Compensation Breakdown:Base Salary: $1,200,000Bonus: $0Perks: $378,571Stock: $8,799,722Options: $13,833,547*2008 was first year as CEO

11. Miles D. White - $25.1 million
Photo Courtesy: Abbott LaboratoriesCompensation Data Courtesy: New York Times & Equilar
Company: Abbott Laboratories (ABT)2008 Stock Price % Change: -5.0%Annual Revenue: $29.528 billionCEO Compensation Change from 2007: -5%Compensation Breakdown:Base Salary: $1,795,471Bonus: $4,200,000Perks: $850,893Stock: $7,499,925Options: $10,757,796

10. Alan G. Lafley – $25.6 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: Procter & Gamble2008 Stock Price % Change: -15.8%Annual Revenue: $83.503 billionCEO Compensation Change from 2007: -5%Compensation Breakdown:Base Salary: $1,700,000Bonus: $4,566,100Perks: $343,791Stock: $11,175,585Options: $7,782,736

9. David M. Cote – $28.7 million
Compensation Data Courtesy: New York Times & Equilar
Company: Honeywell International (HON)2008 Stock Price % Change: -46.7%Annual Revenue: $36.556 billionCEO Compensation Change from 2007: +46%Compensation Breakdown:Base Salary: $1,700,000Bonus: $4,566,100Perks: $343,791Stock: $11,175,585Options: $7,782,736

8. Rupert K. Murdoch - $30.1 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: News Corporation (NWS)2008 Stock Price % Change: -55.6%Annual Revenue: $32.996 billionCEO Compensation Change from 2007: +24%Compensation Breakdown:Base Salary: $8,100,000Bonus: $17,500,000Perks: $403,169Stock: $4,049,988Options: $0

7. Jack A. Fusco – $32.7 million
Photo Courtesy: CalpineCompensation Data Courtesy: New York Times & Equilar
Company: Calpine (CPN)2008 Stock Price % Change: -47.7%*Annual Revenue: $36.556 billionCEO Compensation Change from 2007: n/a**Compensation Breakdown:Base Salary: $396,154Bonus: $896,154Perks: $266,780Stock: $0Options: $31,111,280*% Change between 1/10/08-12/31/08**2008 was first year as CEO

6. Mark V. Hurd – $34.0 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: Hewlett-Packard2008 Stock Price % Change: -28.1%Annual Revenue: $2.037 billionCEO Compensation Change from 2007: +30%Compensation Breakdown:Base Salary: $396,154Bonus: $896,154Perks: $266,780Stock: $0Options: $31,111,280

5. Vikram S. Pandit – $38.2 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: Citigroup (C)2008 Stock Price % Change: -77.2%Annual Revenue: $106.655 billionCEO Compensation Change from 2007: n/a*Compensation Breakdown:Base Salary: $958,333Bonus: $0Perks: $16,193Stock: $28,830,000Options: $8,432,911*2008 was first year as CEO

4. Ken I. Chenault – $42.8 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: American Express (AXP)2008 Stock Price % Change: -64.3%Annual Revenue: $31.920 billionCEO Compensation Change from 2007: -15%Compensation Breakdown:Base Salary: $1,238,461Bonus: $6,500,000Perks: $1,074,913Stock: $8,069,198Options: $33,244,013

3. Robert A. Iger – $51.1 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: Walt Disney (DIS)2008 Stock Price % Change: -29.7%Annual Revenue: $37.843 billionCEO Compensation Change from 2007: +85%Compensation Breakdown:Base Salary: $2,000,000Bonus: $13,670,686Perks: $745,177Stock: $7,755,103Options: $3,494,447

2. Larry Ellison –$84.6 million
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: Oracle (ORCL)2008 Stock Price % Change: -21.5%Annual Revenue: $22.430 billionCEO Compensation Change from 2007: +38%Compensation Breakdown:Base Salary: $1,000,000Bonus: $10,779,000Perks: $1,447,000Stock: $0Options: $71,372,700

1. Sanjay K. Jha - $104.4 million  (Co-CEO)
Photo: APCompensation Data Courtesy: New York Times & Equilar
Company: Motorola (MOT)2008 Stock Price % Change: -72.4%Annual Revenue: $30.146 billionCEO Compensation Change from 2007: n/a*Compensation Breakdown:Base Salary: $484,615Bonus: $0Perks: $412,096Stock: $36,014,084Options: $67,534,734*2008 was first year as CEOReplay SlideshowThe Worst CEOs of All TimeThe Best CEOs of All TimeWhat Does $1 Trillion Look Like?

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