America's Highest-Paid CEOs
America's highest-paid CEOs, Populists across the political spectrum decry the skyrocketing pay packages of corporate titans. Who is hauling in the most -- and how are their companies performing?
By Christopher Helman, Forbes.com
The point of the pyramid
If you're a billionaire or corporate fat cat, you may have noticed a crowd assembled near your headquarters or home. You may not know exactly what the activists are protesting; you might even joke that this might have something to do with why they are unemployed. But when it comes to one of their complaints -- that the rich have been getting richer while things keep getting worse for the downtrodden and unemployed -- you might have to admit they have a point.
As you can see from the slide show that follows, a stagnant economy that continues to hurt those at the bottom hasn't harmed the 0.0001% at the top. Compensation for the nation's highest-paid chief executives -- including salary,bonuses, perks and the value of exercised stock options -- was up 28% (as of Sept. 6) from a year earlier, according to GovernanceMetrics International.
But the "Occupy Wall Street" protesters might be in the wrong place to picket the titans on this list. No Wall Street representatives are among the 10 highest-paid CEOs. The highest-paid bank executive is Jamie Dimon of JPMorgan Chase (JPM), who comes in 12th, with compensation of $42 million. Laurence Fink of BlackRock (BLK) is 16th at $39.9 million. Lloyd Blankfein of Goldman Sachs (GS) pulled in $21.7 million in the period.
No. 10: Michael Watford
CEO: Michael Watford
Company: Ultra Petroleum (UPL)
Industry: Oil and natural gas
Compensation: $43.7 million
Company net income (trailing 12 months): 373 million
1-year shareholder return (as of Oct. 17): -27%
Bing: Investing in oil and gas companies
No. 9: John Wren
CEO: John Wren
Company: Omnicom Group (OMC)
Industry: Advertising
Compensation: $45.6 million
Company net income (trailing 12 months): $900 million
1-year shareholder return (as of Oct. 17): 0.3%
Bing: Is Apple's '1984' the most-effective ad ever?
No. 8: Stephen Hemsley
CEO: Stephen Hemsley
Company: UnitedHealth Group (UNH)
Industry: Health care plans
Compensation: $48.8 million
Company net income (trailing 12 months): $4.9 billion
1-year shareholder return (as of Oct. 17): 30%
Bing: Per-capita spending on health care
No. 7: Lew Frankfort
CEO: Lew Frankfort
Company: Coach (COH)
Industry: Handbags, accessories
Compensation: $49.5 million
Company net income (trailing 12 months): $880 million
1-year shareholder return (as of Oct. 17): 36%
No. 6: Jeffrey Boyd
CEO: Jeffrey Boyd
Company: Priceline.com (PCLN)
Industry: Travel services
Compensation: $50.2 million
Company net income (trailing 12 months): $720 million
1-year shareholder return (as of Oct. 17): 40%
Bing: Did William Shatner really earn $600 million for Priceline commercials?
No. 5: George Paz
CEO: George Paz
Company: Express Scripts (ESRX)
Industry: Pharmacy benefit management
Compensation: $51.5 million
Company net income (trailing 12 months): $1.29 billion
1-year shareholder return (as of Oct. 17): -17%
Bundle.com: Which pharmacy plan is right for you?
No. 4: Robert Iger
CEO: Robert Iger
Company: Walt Disney (DIS)
Industry: Entertainment and media
Compensation: $53.3 million
Company net income (trailing 12 months): $4.6 billion
1-year shareholder return (as of Oct. 17): -1%
Bing: Disney in Shanghai
No. 3: Michael Fascitelli
CEO: Michael Fascitelli
Company: Vornado Realty Trust (VNO)
Industry: Real estate investment trust
Compensation: $64.4 million
Company net income (trailing 12 months): $830 million
1-year shareholder return (as of Oct. 17): -14%
No. 2: Ralph Lauren
CEO: Ralph Lauren
Company: Polo Ralph Lauren (RL)
Industry: Apparel
Compensation: $66.7 million
Company net income (trailing 12 months): $630 million
1-year shareholder return (as of Oct. 17): 51%
Bing: Fall fashion classics
No. 1: John Hammergren
CEO: John Hammergren
Company: McKesson (MCK)
Industry: Pharmaceuticals
Compensation: $131.2 million
Company net income (trailing 12 months): $1.2 billion
1-year shareholder return (as of Oct. 17): 17%
Bing: Generic versus branded drugs
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