Top paid CEOs in USA; Apple's Cook is number 1

Updated: May 22, 2012 11:00 IST

Tim Cook, CEO of Apple is the top paid CEO in the US, according to a survey by the Wall Street Journal. The study, conducted by Hay Group for the Journal covered the 300 largest US public companies by revenue. Here is a look at the list

Top paid CEOs in USA; Apple\'s Cook is number 1
Tim Cook, CEO, Apple Inc

Apple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million ahead of his next rival, a Wall Street Journal survey said. Cook, who took charge of the iPhone and iPad maker in August 2011, received total compensation of $378 million. Of this, $900,000 was his annual salary and $900,000 was annual incentives. But he also received $376 million in restricted stock grants, based on Apple's stock price at the time.
Top paid CEOs in USA; Apple\'s Cook is number 1
Larry Ellison, CEO, Oracle

Larry Ellison, another Silicon Valley big gun, came in second place with less than a fifth of Cook's pay, at $76 million. According to the survey, he received a $13.3 mn bonus and stock options worth $62.7 mn, but no salary. He has held the second position for the past three years.
Top paid CEOs in USA; Apple\'s Cook is number 1
Leslie Moonves, CEO, CBS

Leslie Moonves, who heads Americal television broadcaster, CBS, was in the third position at $69 million. His pay jumped 29 per cent over last year. His pay included a $30 million annual bonus, stock options valued at $27.3 million and types of restricted stock collectively valued at $8.5 million. Moonves has been in the top five of the survey for past three years.
Top paid CEOs in USA; Apple\'s Cook is number 1
Ronald Johnson, CEO, JCPenney

In fourth position is Ronald Johnson, chief executive of struggling retailer, JCPenney. He who pulled in $53 million. Johnson, the former head of Apple's retail-store unit, took over the reins of JC Penney Co. in November last year. According to the survey, he received a grant of 1.66 million shares of restricted stock, valued at $52.6 million as a compensation for the restricted Apple stock that he left behind.
Top paid CEOs in USA; Apple\'s Cook is number 1
Sanjay Jha, CEO, Motorola Mobility

The chief of Motorola Mobility Sanjay Jha was ranked fifth, at $47 million. His compensation includes stock options valued at $34.2 million and restricted stock valued at $9.4 million.

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