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Man, it really does pay to be a CEO. Of course, there's a lot more to it than that, especially when it's a giant company and there's a ton of media scrutiny that you have to deal with, not to mention investors and shareholders. But, still, that paycheck. And what a paycheck it is.
Equilar, an executive compensation research firm, has released the list of the 200 highest paid CEOs in 2014, including base salary, bonuses, stock awards compensation and perks, and what some of them take home it almost mind boggling. Median pay for the 200 CEOs was $17.6 million, a growth of 21% year-to-year.
Since we are a tech blog, we are going to focus on those CEOs in our industry.
The highest paid CEO, by far, Discovery Communications’ CEO David Zaslav with $156.1 million. While he's not a tech CEO, that was a a notable number because it makes him the highest paid CEO since Tim Cook of Apple received $376 million in 2011. Cook, by the way, didn't even make the top 200 at all this year.
Out of the top 10 CEOs, four of the executives were from technology companies, with the highest pay going to one of the newest CEOs on the list: Microsoft's Satya Nadella, who was only named to the position in February of 2014.
Nadella took home $84.3 million last year, on a relatively low-base salary (for a company of Microsoft's size) of $918,917, but more than made up for that with $79.7 million in stock awards.
Right below him was GoPro CEO Nicholas Woodman, who took home $77.4 million. Again, a lower base salary, this time $800,000, was offset by extremely large stock awards of $74.6 million.
At number 7 was Oracle CEO Larry Ellison, who walked away with $67.2 million. His base salary was only $1, buy Ellison made $65 million in option award.
The last CEO to make the top 10 was Steven Mollenkopf from Qualcomm, who made $60.7 million in 2014.
Notably, among the top CEOs, the highest paid woman was Yahoo CEO Marissa Mayer, who made $42.1 million, putting her at 14th on the list. Her base salary was $1 million, and she walked away with $42 million stock and option awards. Mayer may be taking a lot of flack from her shareholders right now, but she's definitely the most powerful woman in tech.
Other notable tech CEOs to make the list included Salesforce CEO Mark Benioff, who made $39.9 million; Jonathan Oringer, CEO of Shutterstock, who made $27.6 million; Darren Huston, CEO of Priceline, who made $22 million; Hewlett-Packard CEO Meg Whitman, who made $19.6 million; Adobe CEO Shantanu Narayen, who took home $17.9 million; Intuit's Brad Smith, who made $16.5 million; John Chambers from Cisco, who made $16.5 million; Mikkel Svane of Zendesk, who made $14.3 million; and John Donahoe of eBay, another CEO who will soon no longer have a job, was paid $14 million.
Besides Cook, a few notable people missing includes Facebook CEO Mark Zuckerberg and Twitter CEO Dick Costolo. Interestingly, there was one CEO of a social network that did make the list: Jeff Weiner, the chief exectuive of LinkedIn, came in at number 126, with $15.6 million in pay.
You can see the entire list on Equilar's website.
(Image source: 48daysblog.wordpress.com)
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