The Highest Paid Chief Executives
Although 2009 was a volatile year for the markets, most companies had dramatic upswings in share prices from March lows. At the same time, many CEOs came under criticism for recessionary belt-tightening amid high unemployment.
Some CEOs, however, are looking at what the Associated Press calls a “once in a lifetime pay bonanza,” because they received stock compensation when the market was at its lows and later profited from its huge recovery.
As most public companies have released information on executive compensation, CNBC.com reviewed information from Capital IQ on “total calculated compensation” which includes salary, bonuses and estimates of stock and stock option awards. For comparison, we’ve also provided information on stock performance over the past year, although for some of these CEOs, their first day on the job was sometime mid-year 2009.
So, who were the most highly compensated CEOs in 2009? Click ahead to find out!
By Paul Toscano & Giovanny Moreano
Posted 11 May 2010
10. Mark Hurd, Hewlett-Packard
Total calculated compensation: $30.3 million
CEO since: 2005
2009 HPQ Stock Performance
High: $52.95 (12/31/09)
Low: $25.39 (3/9/09)
Annual % change: +42%
EPS: $3.85
Annual revenue: $114.6 billion
Revenue year-over-year change: -3%
9. Thomas M. Ryan, CVS Caremark
Total calculated compensation: $30.4 million
CEO since: 1999
2009 CVS Stock Performance
High: $38.27 (10/21/09)
Low: $23.74 (3/9/09)
Annual % change: +12%
EPS: $2.64
Annual revenue: $98.7 billion
Revenue year-over-year change: +13%
8. Ray R. Irani, Occidental Petroleum
Total calculated compensation: $31.4 million
CEO since: 1990
2009 OXY Stock Performance
High: $85.2 (11/16/09)
Low: $47.5 (2/23/09)
Annual % change: +36%
EPS: $3.78
Annual revenue: $15.4 billion
Revenue year-over-year change: -36%
7. J. Raymond Elliott, Boston Scientific
Total calculated compensation: $33.5 million
CEO since: 2009
2009 BSX Stock Performance
High: $11.17 (9/1/09)
Low: $6.08 (3/9/09
Annual % Change: +16%
EPS: $0.50
Annual Revenue: $8.2 billion
Revenue year-over-year change: +2%
6. Philippe Dauman, Viacom
Total Calculated Compensation: $34.0 million
CEO since: 2006
2009 VIA.B Stock Performance
High: $31.56 (11/16/09)
Low: $13.25 (3/9/09)
Annual % change: +56%
EPS: $2.56
Revenue: $13.8 billion
Revenue year-over-year change: -7%
5. John Hammergren, McKesson
Total calculated compensation: $34.2 million
CEO since: 2001
2009 MCK Stock Performance
High: $64.98 (11/16/09)
Low: $33.13 (4/7/09)
Annual % change: +61%
EPS: $4.28
Revenue: $106.6 billion
Revenue year-over-year change: +5%
4. Marc Casper, Thermo Fisher
Total calculated compensation: $34.3 million
CEO since: 2009
2009 TMO Stock Performance
High: $49.7 (12/16/09)
Low: $30.83 (4/23/09)
Annual % change: +40%
EPS: $3.05
Annual Revenue: $10.1 billion
Revenue year-over-year change: -4%
3. Leslie Moonves, CBS Corp.
Total calculated compensation: $43.2 million
CEO Since: 2005
2009 CBS Stock Performance
High: $14.56 (12/16/09)
Low: $3.06 (3/9/09)
Annual % change: +72%
EPS: $0.50
Annual Revenue: $13 billion
Revenue Year-over-year change: -6%
2. Carol Bartz, Yahoo
Total calculated compensation: $47.2 million
CEO since: 2009
2009 YHOO Stock Performance
High: $18.02 (10/21/09)
Low: $10.81 (1/26/09)
Annual % change: +38%
EPS: $0.42
Annual Revenue: $4.7 billion
Revenue Year-over-year change: -13%
1. Lawrence Ellison, Oracle
Total calculated compensation (2009): $56.8 million
CEO since: 1977
2009 ORCL Stock Performance
High: $25.11 (12/29/09)
Low: $13.8 (3/9/09)
Annual % change: +38%
EPS: $1.44
Annual Revenue: $23.5 billion
Revenue Year-over-year change: +4%