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Meet the top execs of the hottest US tech companies. Here’s what they earn
Tim Cook is Silicon Valley’s highest paid CEO, but you already knew that. What do other high profile execs earn?
Personal finance and credit service comparison company, NerdWallet, created a tool that shows the compensation of the highest paid executive for each of the S&P 500 companies. We delved into the data for 2011 and ranked the highest earners for some of the more well known US tech companies.
Perhaps, like us you are simply curious, but there are some interesting things to note. Compare Tim Cook’s salary to that of Amazon.com’s CEO, Jeff Bezos. Microsoft’s highest paid employee? Nope, it’s not Steve Ballmer. IBM pays almost as well as Facebook, and if you’ve ever debated whether or not Open Source pays, have a look at what Red Hat Inc’s CEO earns.
NerdWallet notes some interesting statistics. In 2011, the average compensation of S&P 500 executives was US$13 375 474. That’s 393 times the average pay of U.S. workers, which was US$34 053 for 2011. If you’re interested in how gender plays a role in compensation among S&P 500 companies, check out NerdWallet’s study. Apparently the median female CEO pay was 13% greater than median male pay, but women were compensated only US$13 005 per million of their company’s pre-tax earnings, while men receive US$15 935.
Alright, without further ado, here we go.
1. Apple Inc
Name: Timothy D. Cook
Position: CEO
Salary: US$377 996 537
2. Google Inc
Name: Eric E. Schmidt
Position: Chairman; Former CEO
Salary: US$100 980 262
3. Oracle Corp
Name: Lawrence J. Ellison
Position: CEO
Salary: US$77 556 015
4. IBM Corp
Name: Samuel J. Palmisano
Position: Chairman, President and CEO
Salary: US$31 798 918
5. Facebook
Name: Sheryl K. Sandberg
Position: Chief Operating Officer
Salary: US$30 873 579
6. Motorola Solutions, Inc
Name: Gregory Q. Brown
Position: Chairman and CEO
Salary: US$29 329 052
7. Qualcomm Inc
Name: Paul E. Jacobs
Position: Chairman and CEO
Salary: US$21 722 333
8. Salesforce.com
Name: Marc Benioff
Position: CEO and Chairman
Salary: US$17 714 306
9. Intel Corp
Name: Paul S. Otellini
Position: President and CEO
Salary: US$17 491 900
10. Hewlett-Packard Co
Name: Margaret C. Whitman
Position: President and CEO
Salary: US$16 518 930
11. eBay Inc
Name: John J. Donahoe
Position: President & CEO
Salary: US$16 456 528
12. Yahoo Inc
Name: Carol Bartz
Position: Former CEO
Salary: US$16 369 535
13. Dell Inc
Name: Michael S. Dell
Position: Chairman & CEO
Salary: US$16 138 498
14. AMD
Name: Rory P. Read
Position: President and CEO
Salary: US$15 610 351
15. Texas Instruments Inc
Name: Richard K. Templeton
Position: Chairman, President and CEO
Salary: US$14 055 767
16. Xerox Corp
Name: Ursula M. Burns
Position: Chairman & CEO
Salary: US$12 902 607
17. Cisco Systems Inc
Name: John T. Chambers
Position: Chairman and CEO
Salary: US$12 886 125
18. SanDisk Corp
Name: Sanjay Mehrotra
Position: President & CEO
Salary: US$12 167 844
19. Akamai Technologies Inc
Name: Paul Sagan
Position: President and CEO
Salary: US$11 876 747
20. Adobe Systems Inc
Name: Shantanu Narayen
Position: President and CEO
Salary: US$10 825 110
21. Netflix Inc
Name: Reed Hastings
Position: CEO, President, and Chairman
Salary: US$9 289 046
22. Electronic Arts
Name: Frank D. Gibeau
Position: President
Salary: US$9 797 357
23. Microsoft Corp
Name: B. Kevin Turner
Position: Chief Operating Officer
Salary: US$9 277 141
24. Expedia
Name: Barry Diller
Position: Chairman and CEO
Salary: US$9 149 554
25. Symantec Corp
Name: Enrique Salem
Position: President and CEO
Salary: US$8 509 683
26. Red Hat Inc
Name: James M. Whitehurst
Position: President and CEO
Salary: US$7 757 046
27. Western Digital Corp
Name: John F. Coyne
Position: President & CEO
Salary: US$7 007 774
28. Nvidia Corp
Name: Jen-Hsun Huang
Position: CEO and President
Salary: US$6 642 422
29. VeriSign Inc
Name: Mark D. McLaughlin
Position: Former President and CEO
Salary: US$5 154 481
30. TripAdvisor Inc
Name: Stephen Kaufer
Position: President & CEO
Salary: US$4 189 691
31. Amazon.com Inc