A year after traders' and bosses' pay at bailed-out banks scandalized America, the message has gotten through: "Virtually no Wall Street CEOs made it onto our highest-paid list for 2009," marvels Glass Lewis & Co., the shareholders' proxy service, in its yearly "most-overpaid/most-underpaid CEOs report.
Here's who did get the biggest bucks for running corporate America in that recession year:
- Cable and TV bosses: At John Malone's Liberty Media Corp., the five highest-paid executives collected a combined $211 million, the most of any US company. Brian Roberts' own Philadelphia-based Comcast Corp. ranked 3rd, doling out $92 million.
As Glass Lewis notes, Liberty Media and Sirius XM shares each shot up 400% that year. Comcast shares, by glaring contrast, were flat. CBS, Cablevision, Viacom and Rubpert Murdoch's News Corp. also made the Top 20 list.
- Big Tech: Oracle Corp. had the second-highest-paid top-five executive team after Liberty, collecting $161 million. Google ranked fourth, at $89 million. Hewlett-Packard, Fidelity National Information Services and Affiliated Computer also made the Top 20.
Plus a mix of healthcare, oil, phone and retail companies. Go here to get a copy of the full 40-page report.
Comment removed.
I'm in the wrong business.— Jasper2020- That is 4.5 million in wage tax to the city. I understand the Roberts making that much money.. heck they founded and built a company that now employs over 100,000 people, god bless them. But the other guys who were handed the reigns making that much.. that is just wrong.— Freddy
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