They are the heads of some of the largest corporations in the world. Encompassing a variety of fields, these men are the ones tasked to steer their companies to higher earnings, regardless of the economic situation. A lot of responsibility is given to these Chief Executive Officers (CEOs), so much so that they command and can demand top dollar.
Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years.Equilar, an executive compensation data firm, released its annual data with the Associated Press, putting Moonves at the top of the list for fiscal year 2012, despite having a pay drop from the $68 million he was paid the previous year.Last year, David Simon, chairman and CEO of Simon Property Group, was at the top with $137 million after he received a large stock award accumulated over several years.Chief Executive Officers is a sign of recovery, it would be clear that the economy is picking up.
With an average increase in total direct compensation of +50%, you could say that the top 10 of highest paid CEO’s is doing quite well for itself. According to research by the Wall Street Journal, only two CEO’s saw their direct compensation decline (Les Moonves at CBS and Philippe Dauman at Viacom, both media companies). However, most of the leaders in the top 10 saw a double-digit growth on their bank account. Breaking down the top 10 in absolute value, Larry Ellison at Oracle takes the top spot with a staggering $94 million in total compensation, followed at respectable distance by Les Moonves ($58 million). Looking at percentual increase, Mark Parket at Nike saw his annual compensation increase by 167% to a value of nearly $34 million.
Elon Musk :-
Elon Musk is a South African-born Canadian-American business magnate, investor and inventor. He is currently the CEO & CTO of SpaceX and CEO & Chief Product Architect of Tesla Motors. He founded SpaceX and PayPal. Tesla Motors CEO Elon Musk made his first millions through developing the payment platform PayPal and his success and fame have only grown. The stock of Musk’s latest venture, Tesla Motors, spent much of 2013 soaring in value, helping to explain the visionary CEO’s robust pay package.
- Company: Tesla Motors
- Compensation: $78.2 million
- Born: June 28, 1971 (age 42), Pretoria, South Africa
- Spouse: Talulah Riley (m. 2010–2012), Justine Musk (m. 2000–2008)
- Siblings: Kimbal Musk, Tosca Musk
- Parents: Maye Haldeman, Errol Musk
- Education: Wharton School of the University of Pennsylvania, more
- Children: Damian Musk, Kai Musk, Griffin Musk, Xavier Musk, Saxon Musk
Larry Ellison :-
Lawrence Joseph “Larry” Ellison is an American businessman, best known as the co-founder and chief executive officer of Oracle Corporation, an enterprise software company. In 2013, Forbes listed him as the third-wealthiest man in America. Larry Ellison, the founder and CEO of software maker Oracle, has long made the lists of top-paid executives. But after several quarters of lagging sales growth, shareholders are growing weary of Ellison’s lavish pay package. The Silicon Valley boss’s pay was reduced from $96.2 million in 2012 to $77 million in 2014. A majority of shareholders still censured the board’s decision to be so generous in a non-binding vote this November.
- Company: Oracle
- Compensation: $77 million
- Born: August 17, 1944 (age 69), Lower East Side, New York City, New York, United States
- Height: 1.91 m
- Children: Megan Ellison, David Ellison
- Spouse: Melanie Craft (m. 2003–2010), more
- Education: University of Chicago (1964–1966), more
- Books: Softwar: An Intimate Portrait of Larry Ellison and Oracle
Mario Gabelli :-
Mario Joseph Gabelli is an American stock investor, investment advisor, and financial analyst. He is the founder, chairman, and CEO of Gabelli Asset Management Company Investors a $30 billion global investment firm headquartered in Rye, New York.Through the ownership of 99% of Gamco Investors Class B voting shares, founder and CEO Mario Gabelli has near total control of his company. This arrangement surely bolsters his ability to pay himself well: He nets 10% of the firms pre-tax profits, plus further pay for his role as a portfolio manager. His $69 million in take home pay in 2012 represented 20% of Gamco’s total revenue, according to Morningstar.
- Company: Gamco Investors
- Compensation: $69 million
- Born: June 19, 1942 (age 71), The Bronx, New York City, New York, United States
- Children: Elisa Gabelli, Marc Gabelli, Michael Gabelli, Matthew Gabelli
- Siblings: John D Gabelli
- Education: Columbia Business School, Fordham University, Fordham Preparatory School
Robert A. Kotick :-
Robert A. Kotick also known as Bobby Kotick, is the CEO, president, and a director of Activision Blizzard. On February 16, 2012 he was elected a director of The Coca-Cola Company, a job he now performs in conjunction with his role at Activision Blizzar. Activision Blizzard – maker of wildly successful video game franchises Call of Duty and World of Warcraft – has rewarded its CEO Robert Kotick handsomely for the company’s swiftly appreciating stock price. The majority of Kotick’s compensation is paid in stock, which is up more than 60% in 2013.
- Company: Activision Blizzard
- Compensation: $64.9 million
- Age: 50
- Born: 1963, Long Island, New York, United States
- Education: University of Michigan
Leslie Moonves :-
Leslie Roy Moonves is Chairman and Chief Executive Officer of CBS Corporation. Moonves served as co-president and co-chief operating officer of Viacom, Inc, the predecessor to CBS Corporation, from 2004 until the company split on December 31, 2005. The fact that Moonves heads up America’s most watched-television network is one reason for his lavish pay. Morningstar analyst Michael Corty argues Moonves “deserves a lot of credit for the strong performance of CBS broadcast network over the past decades.” Hit shows like “Under the Dome” keep advertisers flocking to the network, bolstering Moonves reputation in a time of generally sagging network TV ratings.
- Company: CBS
- Compensation: $62.2 million
- Born: October 6, 1949 (age 64), New York City, New York, United States
- Spouse: Julie Chen (m. 2004), Nancy Wiesenfeld (m. 1978–2004)
- Children: Sara Moonves, Adam Moonves, Charlie Moonves, Michael Moonves
- Movies: Frankie and Johnny Are Married
- Parents: Josephine Schleifer, Herman Moonves
- Awards: PGA Milestone Award
John H. Hammergren :-
John H Hammergren is the Chairman, President, and CEO of McKesson Corporation, an American Medical and Scientific supplies company.John Hammergren, CEO of the pharmaceutical and medical device distributor McKensson, has not only one of the highest pay packages in corporate America, but one of the most generous golden parachutes. He could make up to $303.4 million if he is to leave the company.
- Company: McKesson
- Compensation: $51.7 million
- Born: 1959, Saint Paul, Minnesota, United States
- Education: Williams College of Business (1987), University of Minnesota (1981), Xavier University
David Zaslav :-
David M. Zaslav is the President and Chief Executive Officer of Discovery Communications, a position he has held since January 2007. He was previously an executive at NBC Universal.Research firm Morningstar calls Discovery Channel “the most widely distributed brand in the world.” It reaches over 200 countries. Add other niche but profitable cable channels like Animal Planet and TLC, plus ownership of much of the content those networks distribute, and you have the makings of a pay-TV powerhouse. Discovery’s stock is up roughly 500% over the past five years, helping to boost CEO David Zaslav’s stock rewards and total compensation.
- Company: Discovery Communications Class
- Compensation: $49.9 million
- Born: January 15, 1960 (age 54), Brooklyn, New York, United States
- Education: Boston University School of Law, Binghamton University
E. Hunter Harrison :-
E. Hunter Harrison, is a railroad executive who has served as the President and Chief Executive Officer of Canadian Pacific Railway since June 29, 2012. Born in Memphis, Tennessee, Harrison began his railroad career in 1964 while attending University in Memphis when he worked as a carman-oiler for the St. Louis-San Francisco Railway. Harrison was later promoted to an operator position with the “Frisco” and, later, with Burlington Northern Railroad (BN) following that company’s acquisition of the Frisco in 1980. Harrison was consistently promoted at BN, eventually being appointed Vice-President – Transportation as well as Vice-President – Service Design. Hunter Harrison’s pay is inflated in part because of an agreement by Canadian Pacific to fund a pension he forfeited when he left his previous employer to join the company in 2012, but he still receives eight figures in stock options purely for his labor.
- Company: Canadian Pacific Railway
- Compensation: $49.2 million
- Born: 1944, Memphis, Tennessee, United States
Richard M. Bracken :-
Richard M. Bracken is an American businessman. He serves as the Chairman and Chief Executive Officer of the Hospital Corporation of America, the largest for-profit healthcare provider in the world. e joined the Hospital Corporation of America in 1981. He became its President and Chief Operating Officer in 2002. Since 2009, he has served as Chief Executive Officer as well as Chairman, replacing Jack O. Bovender, Jr. In 2013, he earned $38.6 million for his role as CEO, making him the second highest paid CEO in the United States, after the Oracle Corporation’s Larry Ellison and before The Walt Disney Company’s Bob Iger.It pays handsomely to run the nation’s largest for-profit hospital chain. Bracken is retiring at the end of the year after spending more than thirty years with HCA, but surely the $21.4 million in stock options that recently vested will help tide him over in retirement.
- Company: HCA Holdings
- Compensation: $46.4 million
Gerald Rubin :-
Gerald Mayer Rubin is an American biologist, notable for pioneering the use of transposable P elements in genetics, and for leading the public project to sequence the Drosophila melanogaster genome. Gerald Mayer Rubin (born 1950) is an American biologist, notable for pioneering the use of transposable P elements in genetics, and for leading the public project to sequence the Drosophila melanogaster genome. Related to his genomics work, Rubin’s lab is notable for development of genomics tools and whole-genome studies of gene regulation. Rubin also serves as Vice President of the Howard Hughes Medical Institute and Executive Director of the Janelia Farm Research Campus. Helen of Troy, which distributes name brands like Brut and Pert Plus, posted record sales in its fiscal year ending in February 2013, helping its CEO Gerald Rubin take home nearly $29 million in performance-based stock options. Of the country’s most lavishly paid CEOs, according to data compiled by FindTheCompany.com, none are are women.
- Company: Helen of Troy
- Compensation: $41.6 million
- Born: 1950, United States of America
- Education: University of Cambridge, Massachusetts Institute of Technology
- Awards: NAS Award in Molecular Biology