Look How CEO Pay Continues to Outpace Worker Bees
“The median value of salaries, bonuses and long-term incentive awards for CEOs of 350 major companies surged 11% to $9.3 million.”
Viacom Inc. (NYSE:VIAB) CEO Philippe P. Dauman was the highest paid chief executive officer. He received compensation valued at $84.3 million — more than double his 2009 pay. Larry Ellison, founder of Oracle Corp. (NASDAQ:ORCL), grabbed second place. CBS CEO Leslie Moonves took third place with compensation valued at $53.9 million. Martin E. Franklin, the longtime head of Jarden Corp. (NYSE:JAH) came in fourth. The top five was rounded out by DirecTV Group Inc.’s (NASDAQ:DTV) Michael White ranked fifth with a $32.6 million package.
CEOs of media companies claimed four of the top 10 spots: Mr. Dauman at Viacom, plus the chiefs of CBS Corp. (NYSE:CBS), Walt Disney Co. (NYSE:DIS) and Time Warner Inc. (NYSE:TWX). News Corp.’s (NASDAQ:NWSA) Rupert Murdoch, ranked 52nd, with total compensation valued at $16.5 million.