In Pictures: Who are tech’s highest paid CEOs?
Oracle’s Larry Ellison finally ousted from the top spot on our list of highest paid tech execs. We count them down from 50 to 1. (All figures in $US)
Lowell McAdam, Verizon CEO and chairman
Last year saw a giant jump in compensation for McAdam, who served as Verizon’s president and COO before being named CEO on Aug. 1, 2011. His $23.1 million pay package included a $1.4 million salary, $2.4 million bonus, equity awards valued at $18.8 million, and $607,900 in perks and other compensation. Meanwhile, Verizon’s 2011 revenue hit $110.9 billion, up 4% from $106.6 billion in 2010. Net income was essentially flat, coming in at $10.2 billion.
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