polo shirts for juniors Jha among US’s top
PepsiCo Indra Nooyi, Motorola Sanjay Kumar Jha and Citigroup Vikram Pandit are the three Indian Americans among US highest paid CEOs listed by Wall Street Journal.
Nooyi is ranked 67th with a total pay package of $14.0 million, Jha bagged the 377th spot with a total compensation of $3.5 million, with Pandit bringing up the rear in 450th position with a pay package of $1.3 million.
Gregory Maffei, CEO of Liberty Media Corp with a pay packet of $87.1 million, was the highest paid CEO in WSJ study of 456 companies with annual revenues in excess of $4 billion. Maffei was followed by Larry Ellison, Oracle billionaire founder, who received a $68.6 million package and most of that reward came in the form of stock options valued at $61.9 million.
Occidental Petroleum Corp Ray Irani was at the third position with a total compensation of $52.2 million. At the fourth place is Yahoo Carol Bartz, who took home $44.6 million,
and CBS Leslie Ray with $38.9 million came in at number 5. Philippe P. Dauman of Viacom Inc ($33.7 million), Marc N Casper of Thermo Fisher Scientific ($33.0 million), Raymond Elliott of Boston Scientific Corp ($32.1 million), Ralph Lauren, founder of Polo Ralph Lauren Corp ($27.0 million), and McKesson Corp John H. Hammergren ($24.5 million) rounded off the top 10.
The study by management consulting firm Hay Group said bonuses jumped by 11% to a median of $1.67 million.
Overall, median total direct compensation for CEOs rose 3% during their latest fiscal year. Total direct compensation includes salary, bonuses and the awarded value of stock, options and other long term incentives.