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Wednesday, September 17, 2008

The Highest Paid CEOs in 2008

By Zul

• Jul 17th, 2008

The latest list of America’s Highest Paid CEOs in 2008 saw Steve Jobs, who was ranked first in 2007 dropped his place to a shocking 120th, after a restructuring of stock grants in his company Apple.

Larry Ellison of Oracle Corporation, who tops the new list, earned a massive US$192 million for the year 2007, on top of over 20 million shares he owns.

Larry founded Oracle in 1977, which started its first database project for the CIA agency with only $2,000 investment and has been the CEO for more than 30 years.

Apart from being the highest paid executive, Larry also has a net worth of US$18.4 billion, making him as the 14th richest men in the world at the moment. He is also publicly known for his extravagant life style, owning expensive boats, a private jet, cars and lives in a US$200 million dollar house.

Among other notable presence in the top 20 include Howard Schultz (Starbucks), Lloyd Blankfein (Goldman Sachs), Richard Fuld (Lehman Brothers), Steven Burd (Safeway) and John Chambers (Cisco).

The top 20 highest paid CEOs, and their companies:

1. Larry Ellison, Oracle (US$192 million)

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2. Frederic M Poses, Trane (US$127 million)

3. Aubrey K McClendon, Chesapeake Energy (US$117 million)

4. Angelo R Mozilo, Countrywide Financial (US$103 million)

5. Howard D Schultz, Starbucks (US$98.6 million)

6. Nabeel Gareeb, MEMC Electronic Mats (US$79.6 million)

7. Daniel P Amos, Aflac (US$75.2 million)

8. Lloyd C Blankfein, Goldman Sachs (US$73.7 million)

9. Richard D Fairbank, Capital One Financial (US$73.2 million)

10. Bob R Simpson, XTO Energy (US$72.3 million)

11. Richard S Fuld Jr, Lehman Brothers (US$71.9 million)

12. Steven Roth, Vornado Realty (US$71.9 million)

13. Marijn E Dekkers, Thermo Fisher, (US$69 million)

14. Steven A Burd, Safeway (US$67.2 million)

15. Gregg L Engles, Dean Foods (US$66.1 million)

16. Nicholas D Chabraja, General Dynamics (US$60 million)

17. Leslie H Wexner, Limited Brands (US$56.1 million)

18. David C Novak, Yum Brands (US$55 million)

19. John T Chambers, Cisco Systems (US$54.8 million)

20. William R Berkley, WR Berkley (US$55 million)

Other posts you may want to read:

  1. 15 Highest Paid Young CEOs in US
  2. Medical Has The Highest Paying Jobs in America
  3. How Much The Highest Paid TV Actor Earns?
  4. Cameron Diaz The Highest Paid Actress
  5. Highest Paid Women CEOs

Source: http://skorcareer.com.my/blog/the-highest-paid-ceos-in-2008/2008/07/17/

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