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Michael Ovitz

Severance package: $81.6 million
Company: Walt Disney (DIS)
Years as CEO: 1995 – 1997
Stock price change during tenure: +23%

Ovitz served as Disney’s president for just 14 months before he left the company and got his hefty exit package. Investors sued Disney over the eye-popping payout, but Disney won and Ovitz received the full amount.

Photo: Getty Images