Highest paid Tech CEO's

posted by Chris P. / Jul 01, 2013, 9:21 AM

Research conducted by Equilar Inc. on behalf of The New York Times has revealed several interesting figures in terms of CEO compensation. The spectrum of the study covers publicly-traded companies only, with an annual revenue of at least $1 billion, resulting in a list of the top 200 highest paid CEOs.

First things first, the study found that year on year, remuneration packages for 2012 have increased an impressive 16% compared to data from 2011. Own some stock in one of the listed companies and feel like ambushing its CEO at a Starbucks in order to give him an earful about his ridiculous pay? Relax! The study also found that the leap in compensation packages was eclipsed, albeit slightly, by a 19% raise on average return.

With no further ado, We give you the winner: a techie – Larry Ellison, CEO of Oracle. He topped the list with a whopping $96.2 million package. Those include the CEO's salaries, bonuses, perks and stocks. Unsurprisingly, stocks make up the lion's cut of their respective total earnings.

Gamers, alert! For number two on the list is Activision Blizzard's CEO, Robert Kotick. With a 'frugal' pay package of about $8.3 million in 2011, Kotick has much to celebrate, as he's the winner in the on year increase ranking with a mouth-watering raise of 680% pegging his pay at $64.9 million for 2012.

Spicing things up is newcomer Marissa Mayer, Yahoo's very own new CEO. With a salary just north of $450,000, Mayer's $36.6 million package comes mainly in the shape of stock. As good a motivation as any to try and turn the company around. A few spots below is John Donahoe, CEO of eBay with his respectable $29.7 million package, a 81% increase on his fortunes from last year.

Upon a closer look, we estimate about 30 techie CEO's on the list with packages ranging anywhere from $11 million all the way up to Ellison's $96 million. Other notable faces include AT&T's Randall Stephenson at $21 million, as well as Corning's (Gorilla Glass) CEO, Wendell Weeks, who took $11.5 million home. Meg Whitman's new job at HP is paying her $15.4 million, exactly as much as IBM's Virginia Rometty.

source: NYT

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27 Comments

1. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

There's a huge disparity between #2 Robert Kotick and #3 Marissa Mayer; I thought Congress passed an Equal Pay Act last year?

posted on Jul 01, 2013, 9:29 AM 4

2. Jason2k13

Posts: 1462; Member since: Mar 28, 2013

i get paid $35 an hour, and if im lucky i get a free donut at work.

posted on Jul 01, 2013, 9:32 AM 13

4. TROLL

Posts: 4851; Member since: Apr 13, 2012

Be happy with thst . I get paid £18 an hour plus 23% tax ®

posted on Jul 01, 2013, 9:45 AM 10

5. cse.vicky unregistered

Nice !

posted on Jul 01, 2013, 10:00 AM 0

8. PAPINYC

+1 just for being you!!

posted on Jul 01, 2013, 10:10 AM 5

9. TROLL

PAPINYC™®

posted on Jul 01, 2013, 10:15 AM 0

10. PAPINYC

lol ... Long live iDudz (NOT!!!)

posted on Jul 01, 2013, 10:19 AM 0

24. GTR722

Posts: 270; Member since: Oct 20, 2012

Dude...350$...month.....consider yourself lucky

posted on Jul 01, 2013, 8:44 PM 0

25. daniel_bargs

Posts: 325; Member since: Nov 27, 2010

Ever heard about $7 minimum wage in the Philippines? :) You are so lucky :)

posted on Jul 01, 2013, 8:56 PM 0

3. FlushGordon unregistered

Wow , just when I thought Electronic Arts' CEO made it to the list (since they are EXTREMELY GOOD at robbing people's money), boy was I wrong!

posted on Jul 01, 2013, 9:43 AM 2

6. PermanentHiatus

Posts: 267; Member since: Jun 22, 2012

F*%k B*#ches. Get money.

posted on Jul 01, 2013, 10:03 AM 4

7. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

What you do mean? Are you jealous or what? FYI, they have more money than us.

posted on Jul 01, 2013, 10:07 AM 2

15. PapaSmurf

Posts: 10457; Member since: May 14, 2012

That's exactly what he didn't mean.... It's an expression that people say. Your age definitely played a role here.

posted on Jul 01, 2013, 11:33 AM 6

17. HouTexan

Posts: 461; Member since: Jan 08, 2012

lmao!

posted on Jul 01, 2013, 12:24 PM 1

20. InspectorGadget80 unregistered

yeah can't really call them B... cause they do make more money than us that's why i could care less bout CEO's who ever makes the more money. i think they should all take a PAY CUT and give their workers higher bonuses

posted on Jul 01, 2013, 5:57 PM 2

23. reten

Posts: 43; Member since: Apr 03, 2013

Or dye trying

posted on Jul 01, 2013, 7:52 PM 0

11. donfem

Posts: 708; Member since: Mar 30, 2011

They all seem to win no matter what.

posted on Jul 01, 2013, 10:37 AM 3

12. QWIKSTRIKE

Posts: 1459; Member since: Mar 09, 2010

I said it before and I will say it again Meg Whitman is overpaid for her role at HP. She has not a clue on how to run a tech company. Larry E of Oracle on the other hand knows how to run a tech company, and has hands on from the very start.

posted on Jul 01, 2013, 10:39 AM 0

13. josephnero

Posts: 780; Member since: Nov 16, 2011

i get 25$ for 45minutes of teaching.lol

14. darkkjedii

Posts: 31060; Member since: Feb 05, 2011

Those guys got bank. I make $27.85 an hour, I can only imaging 96 mill per year...damn!!!

posted on Jul 01, 2013, 11:24 AM 0

16. Whateverman

Posts: 3295; Member since: May 17, 2009

Wait, why are we giving companies tax breaks, when the refuse to invest in American job? What these CEOs make is more than enough to pay workers a fair wage, yet American families are struggling to keep their homes, pay bills and feed their children. If the rich get any richer the middle class will disappear.

posted on Jul 01, 2013, 11:45 AM 1

18. Joshing4fun

Posts: 1245; Member since: Aug 13, 2010

But their jobs are so hard that us normal people could never do do them! (well that's what they want us to believe) Its all B.S.

posted on Jul 01, 2013, 4:34 PM 1

19. InspectorGadget80 unregistered

Do we really need too care which CEO are the highest paid? What bout the real workers that designs and market the products? they are the ones doing the REAL WORK not the lazy CEO'S

posted on Jul 01, 2013, 5:56 PM 1

22. darkkjedii

Both feet in mout this time. Idiot without the CEO, nothing even gets started to get out to the consumer. The CEO approves the project, and gives the green light on funding said projects as well. You are really blind and pathetic, like you like to call mxy. Step out mommys basement, get some fresh air, and hit on a girl dude. PS. CEO = Chief Executive Officer.