T-Mobile's John Legere made more last year than either Verizon or AT&T's CEO

T-Mobile's John Legere made more last year than either Verizon or AT&T's CEO
Some would likely say that in this past year, T-Mobile's John Legere walked (and perhaps crossed) the fine line between being a headline-making CEO and being a high-profile troll. But, regardless of what you think of his media persona, the moves that T-Mobile made have pushed the carrier to a new level. And, that success has resulted in big money for John Legere. 

According to the U.S. Securities Exchange Commission, John Legere earned $29.2 million last year, as T-Mobile began adding subscribers for the first time in four years. For comparison, Legere's nemesis AT&T CEO Randall Stephenson earned $6 million less at $23.2 million for 2013; and, Verizon CEO Lowell McAdam earned just $15.8 million for the year. Sprint's Dan Hesse was actually the highest paid carrier CEO for 2013 at $49.1 million, but that total was inflated quite a bit because of Sprint being sold to SoftBank. 

It has been a big year for T-Mobile, which has not only been adding subscribers, it has been strengthening its LTE network, and changing the brand image with its UNcarrier movement. T-Mobile has made big changes to contracts, credit checks, upgrades, international roaming, and more, and subscribers have taken notice.

source: Bloomberg

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20 Comments

1. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Holy damn that's a lot of money. I can live off $30 million for the rest of my life!

5. grahaman27

Posts: 364; Member since: Apr 05, 2013

That's what everyone that wins the lottery says, and most of them end up bankrupt and broke.

6. Sauce unregistered

Theres a good show called curse of the lotto, or something like that. Kinda funny how people always end up getting screwed over.

13. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Or you know, invest your money wisely.

9. networkdood

Posts: 6330; Member since: Mar 31, 2010

I smurfing agree with you...

2. JunitoNH

Posts: 1946; Member since: Feb 15, 2012

Wow, good for him, but maybe they should had invested some of the money on brand new cell towers.

4. hurrycanger

Posts: 1756; Member since: Dec 01, 2013

It's his own money. You think his wife is gonna let him do that? XD

3. tigermcm

Posts: 861; Member since: Sep 02, 2009

Dead president picture?

7. djcody

Posts: 222; Member since: Apr 17, 2013

They are still over pay rats doing nothing, I can't bet easy he didn't made any of TMobile new ideas, he just approve them.

8. mturby unregistered

if t-mobile's CEO wants the carrier to grow even more, he should've cut his salary by %50. it's still a lot of money and will make t-mobile slightly stronger and stable.

10. Sharky

Posts: 259; Member since: Jun 24, 2008

Looks like a villian in that pic.

11. InspectorGadget80 unregistered

Why should anyone care how much a Ceo makes?

15. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

The more money the CEO makes, the more money the company has to take from the customers.

12. zachattack

Posts: 621; Member since: Jul 31, 2013

And t mobile still sucks, way to go john!

14. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

If John Legere works as the CEO of T-Mobile for ten years, that's $300M spent on one guy and his ability to make good decisions for the company. From a T-Mobile shareholder point of view, maybe it is a good investment. In the bigger picture of life, it fabulous weath for yet another CEO, while so many people are unemployed or underemployed.

16. Slammer

Posts: 1515; Member since: Jun 03, 2010

CNN Money had listed the 12 top paid CEOs before taxes. Larry Ellison of Oracle was listed as number one and Randall Stephenson of AT&T was listed as number 12. No one inbetween was from a wireless carrier. So, unless CNN Money is incorrect, Randall Stephenson should be the highest paid Carrier CEO. Not John Legere. Not Dan Hesse. John B.

17. jroc74

Posts: 6023; Member since: Dec 30, 2010

For all the hate Verizon gets for being so expensive...this is a positive..... Kinda explains why Verizon's network is always the highest ranked for overall satisfaction and service. Their CEO is actually putting that money back into the service....and not his pocket.

18. express77 unregistered

I wish I earn even 10% of that money a year.

19. hawks1018

Posts: 1; Member since: Apr 26, 2014

Are you guys serious? 20, 30, 40 mil is chump change to these carriers. Really think Lowell Mcs 15.4 mill hurts anything? VZW and ATT each spend over 5 Billion a year on network upgrades and expansion alone ... a new tower is about 500k each ,,, so vzw has 31 less towers on the docket for one year ....

20. Paximos

Posts: 282; Member since: Jul 26, 2012

No wonder he is so hyper...more money makes you dance

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