Highest Paid CEOs

Associated Press

The 10 highest-paid CEOs for 2007 at Standard & Poor's 500 companies based on calculations by The Associated Press. The total pay figures are rounded, and are based on the AP's compensation formula, which adds up salary, perks, bonuses, above-market interest on pay set aside for later, and company estimates for the value of stock options and stock awards on the day they were granted last year.


1. Larry Ellison, Oracle Corp., $84.6 million

J2. ohn Thain, Merrill Lynch & Co., $83.1 million

3. Leslie Moonves, CBS Corp., $67.6 million

4. Richard Adkerson, Freeport-McMoran Copper & Gold Inc., $65.3 million

5. Bob Simpson, XTO Energy Inc., $56.6 million

6. Lloyd Blankfein, Goldman Sachs Group Inc., $54.0 million

7. Kenneth Chenault, American Express Co., $51.7 million

8. Eugene Isenberg, Nabors Industries Ltd., $44.6 million

9. John Mack, Morgan Stanley, $41.7 million

10. Glenn Murphy, Gap Inc., $39.1 million
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Note that 5 are "industrialists", 1 heads a media corporation, and 4 are in finance. If that means anything to you, cool. So, how much are you getting paid? As a public school teacher in Daly City, I'm pulling in $44,000...that's $39,056,000 less than the lowest paid person on this list, Mr. Gap. I wonder if they trip about rising gas prices? To quote Linkin Park:
"Like they understand you in the back of the jet / When you can't put gas in your tank".
-sergio


(I basically lifted this from sergio but I figured I couldn't deliver it any more eloquently. Thanx serg.)