Top 10 Overpaid CEOs

Josh Harkinson of The Nation compiled a list of the top 10 overcompensated executives of 2010. The selections were based on their pay packages and comparing their pay with others who held the same position at similar companies and also the difference in their companies bottom line and their own.

Bud Crystal, a compensation consultant, states: “You have almost no relationship between pay and performance when it comes to the CEO.”

Philippe Dauman, Viacom 
Compensation: $84.5 million
Stock performance (change 2009-2010): +30%

Ray Irani, Occidental Petroleum
Compensation: $76.1 million
Stock performance: 23%

Wiliam Weldon, Johnson & Johnson
Compensation: $21.6 million
Stock performance: -0.5%

Lawrence J. Ellison, Oracle
Compensation: $70.1 million
Stock performance: +16%

John Chambers, Cisco Systems
Compensation: $18.9 million
Stock performance: +5%

John Stumpf, Wells Fargo
Compensation: $17.6 million
Stock performance: +16%

Michael Strianese, L-3 Communications
Compensation: $16.5 million
Stock performance: -17.2%

Shantanu Narayen, Adobe Systems
Compensation: $12.2 million
Stock performance: -20.8 %

John Surma, United States Steel
Compensation: $8.3 million
Stock performance: 6.4%

Craig Dubow, Gannett
Compensation: $7.9 million
Stock performance: 2.8%

Link to article: http://motherjones.com/politics/2011/04/10-most-ridiculously-overpaid-ceos

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