Monday, January 25, 2010

Executive Compensation


There was a time that I wanted to be a lawyer and I was very interested in negotiating compensation for executives. I know some people may say that these people are overpaid (for the work that they do), and rightly so, but if these companies are willing to cough up the money why not be on the receiving end?

Below is a list of the highest compensated executives in the US.

Highest Compensated Executives (2008)
Executives With the Highest Total Compensation in 2008
Rank Person Name Total Compensation
1 Hamilton E. James $260.48M
2 Aubrey K. McClendon $100.07M
3 Bob R. Simpson $65.47M
4 Eugene M Isenberg $59.83M
5 Larry Ellison $48.42M
6 Mario J. Gabelli $45.93M
7 John H. Hammergren $39.94M
8 J. Larry Nichols $38.51M
9 Peter C Georgiopoulos $37.23M
10 Michael A. Puglisi $35.56M

These figures are obviously astronomical in Kenyan terms. Hamilton James was compensated Kshs. 2bn. Can you imagine that?

What are your thoughts?

No comments:

Post a Comment