CEO payday: How much tech chiefs made in '08
Salaries, bonuses, perks and stock awards add up to big pay packages for tech CEOs
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Salaries, bonuses, perks and stock awards add up to big pay packages for tech CEOs
From WiMAX hotspots to $2,000 cell phones, a look at what caught our attention at this yearżs CTIA show.
CEOs are NOT the reason companies existBy Anonymous on April 1, 2009, 8:44 amCEOs are creatures of the boards of directors who select them. Other than Steve Jobs, who else on that list started the companies they run? And no, Ellison did not start Oracle; just ask anyone who worked there, and they should be easy to find as so many have been laid off over the past decade. Was Dick Cheney the CEO of Halliburton because he started that company? Look at the compensation for Sun's CEO. His income was approximately 4% of Sun's net income. Does that make sense? Is anyone who did not start a company worth that much? And yes, I have a life, thank you.
I agreeBy Anonymous on May 6, 2008, 5:22 pmIt's even more sickning when the scumbag CEO whines about "loss of access lines" which in turn leads to 10k-20k layoffs in a year, and he still collects a multi million salary and multi-million bonus. That was Ed Whitacre in 2002-2004. Ed, you are the dictionary definition of a scumbag, I hope you choke on that 70mil salary you got last year.
Not sure where this site gotBy Anonymous on May 6, 2008, 4:34 amNot sure where this site got its numbers but pretty sure they are inaccurate http://www.forbes.com/lists/2007/12/lead_07ceos_Steven-P-Jobs_HEDB.html
wow.... motorola and sprint execs make too much...By Anonymous on May 6, 2008, 1:45 amconsidering the disasters the companies are.... they should be fired. I get paying good execs, paying the bad ones is just stupid.
I am disturbed that none ofBy Anonymous on May 5, 2008, 10:31 pmI am disturbed that none of these are women. Hmmm. I should've majored in something else.
It's sad that none of theseBy Anonymous on May 5, 2008, 7:40 pmIt's sad that none of these CEOs are women.
"It's sad that none of theseBy Anonymous on May 11, 2008, 10:27 am"It's sad that none of these CEOs are women."... U want them to get sex changes?...
I don't get itBy Anonymous on May 5, 2008, 7:34 pmI don't really understand what this article sets out to prove. Yes, Steve Jobs earns $1 a year, but he has received over $2 Billion in compensation from Apple. The same with Michael Dell and a lot of these people.
Most of these people built these companies from the ground up and have received more than their fair share compensation. If this article is proving that literally billions in equity in these companies is sufficient to satisfy these executives and founders, then you have succeeded. Otherwise, I think this article depicts a false economic relationships between the officers and the company.
ya... maybe u do for theBy Anonymous on May 5, 2008, 6:13 pmya... maybe u do for the short term but... at the end of the day he owns u!
jobs was also given aBy Anonymous on May 5, 2008, 6:09 pmjobs was also given a private jet from his company
You need to do more research!By Anonymous on May 5, 2008, 5:20 pmSteve Jobs did not just make $1 in 2007... Its called stock options! they aren't reported the same way as a regular salary but can be a lot more lucrative... do more research next time. you can look at past trades made by major investors and see just how much money those working as ceo's actually cash in.
Obscene especially considering their performanceBy HogHunter on May 5, 2008, 5:06 pmHalf of these companies had horrible years for their stockholders, yet the CEOs still walk away with sinful amounts of money. It amazes me that we have laws like Sarbanes Oxley that saddle corporations with tremendous burdens for reporting the accuracy of the financial data, but we have no accountability for the CEOs to the stockholders. Microsoft lost $1 in share value over the year, Sprint lost more than half their value from over $20 to less than $8. Dell took his company from$26 to $19. 3Com dove from $4.67 to $2.53. Novell $7.29 to $6.23. Qwest $8.88 to $5.41. Sprint who paid their CEO $40 Million managed to dive the stock from over $20 to under $9. The CEO's job is to increase the share price, and the idea that they could rape their companies like this is criminal. The board of directors of these companies should be investigated along with their C level executives. This is just my opinion, but I also lost a lot of my investment money thanks to arrogant CEO's like this. As an investor, I would like more accountability from the executives of publicly held firms. By accountability, I don't just mean that they have to certify their financial reports. I mean they shouldn't get a bonus unless they have improved the investors positions.
How come there are no womenBy Anonymous on May 5, 2008, 4:16 pmHow come there are no women on this list? No women as CEOs, or they just don't earn as much as men?
No you don't.By Anonymous on May 5, 2008, 3:43 pmNo you don't.
RE: What network CEOs really makeBy Anonymous on May 5, 2008, 11:47 amWow, I make more money than Steve Jobs!
Class envy and political correctness is killing us… By Anonymous on April 1, 2009, 11:28 amThe reality is that it is none of our business how much anyone in a PRIVATE company makes and the only qualifier for executives should be merit and ability to lead regardless of sex, color, etc… What’s going on today; we are on a clear path towards socialism and wealth redistribution and no one seems to care. Maybe because we had it too good and now we are trying hard to mess it up royally.
Compare this list to theBy Anonymous on May 9, 2008, 11:09 amCompare this list to the list of this country's top billionaires, and see how many of these guys are on that list. Jobs is on it, so is Dell, as os Ellison. They not only work for the company, they actually own it!
So ironicBy Anonymous on May 7, 2008, 8:51 amSo ironic that one of the CEO with the highest pay is the CEO of Red Hat the provider of Linux and open source technology supposedly free.
Red Had Linux is opensourceBy Anonymous on May 12, 2008, 4:13 pmRed Had Linux is opensource and free they make their money in support contracts supposedly you are mistaken
ick. it makes me sick. theseBy Anonymous on May 7, 2008, 1:42 amick. it makes me sick. these sleazebags are cutting benefits and pocketing millions. plus, not even a 'token' woman ceo profiled? what a sick society we live in.
Why are you surprised thereBy Anonymous on May 9, 2008, 9:18 pmWhy are you surprised there are no women CEO's in this list. The title of the article is Network CEO's. How many women do you actually see in the tech industry compared to men? Maybe 1 in 10, I would guess 1 in 30 on a good day. Also, you also noticed most of these CEO's listed founded these tech companies Women are basically absent from the math/science/tech industries. I blame the school system and society on that, not because women are by any means inferior. Posters on this blog complain about the CEO's compensation. Try starting a company of your own and see how it changes your tone. It's easy to be an employee. Try being an employer! A successful one at that.
This is not very goodBy Anonymous on May 6, 2008, 1:12 pmThis is not very good journalism. For example, Steve Jobs' formal 'salary' compensation may be $1, but he gets lots of other compensation, including use of a corporate jet (worth tens of millions) and stock options. I'll tell you what: I'll trade my salary worth hundreds of thousands more than his for his 'other compensation!'
Obscene Compensation for basic responsibilitiesBy Anonymous on May 6, 2008, 10:07 amIt's a such a shame that when the common working man is going through multiple whammies like mortgage crisis, unrealistic gas prices and food shortages, corporate America can still afford to hire such obscenely paid executives who do one thing best and that is cut costs and take home unimaginable amounts of money when flying to their vacation homes in company paid/owned corporate jets. How many CEOs do you know who give up their bonuses and corporate jets when their companies are being run into the ground. I say, abolish the CEO position and use the money to retain the hard working people.
You are truly an ungratefulBy Anonymous on May 9, 2008, 9:23 pmYou are truly an ungrateful moron. Cut the leadership of a company and give the money to the workers....idiocy. CEO's are the reasons companies exist. You have obvioulsy never done more than hide in a cube most of your career complaining about everybody else and how they are responsible for your problems. Get a life. Try starting and running a company and then fire yourself because your ingrate employees think the company you started and slaved over could do better without you.