Tim Cook is Silicon Valley’s highest paid CEO, but you already knew that. What do other high profile execs earn?
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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
Position: CEO
Salary: US$377 996 537
2. Google Inc
Position: Chairman; Former CEO
Salary: US$100 980 262
3. Oracle Corp
Position: CEO
Salary: US$77 556 015
4. IBM Corp
Position: Chairman, President and CEO
Salary: US$31 798 918
5. Facebook
Position: Chief Operating Officer
Salary: US$30 873 579
6. Motorola Solutions, Inc
Position: Chairman and CEO
Salary: US$29 329 052
7. Qualcomm Inc
Position: Chairman and CEO
Salary: US$21 722 333
8. Salesforce.com
Position: CEO and Chairman
Salary: US$17 714 306
9. Intel Corp
Position: President and CEO
Salary: US$17 491 900
10. Hewlett-Packard Co
Position: President and CEO
Salary: US$16 518 930
11. eBay Inc
Position: President & CEO
Salary: US$16 456 528
12. Yahoo Inc
Position: Former CEO
Salary: US$16 369 535
13. Dell Inc
Position: Chairman & CEO
Salary: US$16 138 498
14. AMD
Position: President and CEO
Salary: US$15 610 351
15. Texas Instruments Inc
Position: Chairman, President and CEO
Salary: US$14 055 767
16. Xerox Corp
Position: Chairman & CEO
Salary: US$12 902 607
17. Cisco Systems Inc
Position: Chairman and CEO
Salary: US$12 886 125
18. SanDisk Corp
Position: President & CEO
Salary: US$12 167 844
19. Akamai Technologies Inc
Position: President and CEO
Salary: US$11 876 747
20. Adobe Systems Inc
Position: President and CEO
Salary: US$10 825 110
21. Netflix Inc
Position: CEO, President, and Chairman
Salary: US$9 289 046
22. Electronic Arts
Position: President
Salary: US$9 797 357
23. Microsoft Corp
Position: Chief Operating Officer
Salary: US$9 277 141
24. Expedia
Position: Chairman and CEO
Salary: US$9 149 554
25. Symantec Corp
Position: President and CEO
Salary: US$8 509 683
26. Red Hat Inc
Position: President and CEO
Salary: US$7 757 046
27. Western Digital Corp
Position: President & CEO
Salary: US$7 007 774
28. Nvidia Corp
Position: CEO and President
Salary: US$6 642 422
29. VeriSign Inc
Position: Former President and CEO
Salary: US$5 154 481
30. TripAdvisor Inc
Position: President & CEO
Salary: US$4 189 691
31. Amazon.com Inc