Wednesday, July 30, 2014
Inquirer Daily News

2010 The highest paid CEOs

2010 The highest paid CEOs

Which CEO was the mostly highly compensated in the Philadelphia region last year? Who received the biggest raise despite the recession, and whose salary fell? Find out in our annual survey.

Top Exec
Gregory Maffei of Liberty Media
Gregory Maffei of Liberty Media
Gregory B. Maffei, the chief executive of home-shopping channel QVC's parent company, earned a whopping $87.5 million in 2009, but he won't get to cash in most of it until 2013.
We think of them as a gray-suited crowd, but highly paid chief executive officers come in all stripes.
So much has happened over the last couple of years that we never thought could. Home prices collapsed. So did Lehman Bros. The federal government bailed out two-thirds of the domestic automobile industry. And, of course, overall executive compensation has fallen for the last two years.
Decades ago, when most of Philadelphia's largest companies had their headquarters here, the region's highest-paid executives were also neighbors, working on area boards and coaching their children's sports teams, as Comcast chief executive Brian Roberts once did in Chestnut Hill.
The highest paid CEOs 2009

Selected from large- and mid-cap publicly listed companies with headquarters or major operations in the 10-county* region . Total Pay includes Equity Pay. Percent change is compared to the previous year's pay. The median total pay in 2009 was $2.48 million. Also shown is the CEO's accumulated pension. * PA: Bucks, Chester, Delaware, Montgomery, Philadelphia; NJ: Burlington, Camden, Gloucester, Salem; DE: New Castle Data Source: Equilar Inc. - Equilar.com 

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The view of a compensation consultant
California-based Macerich Co., which owns 55 U.S. shopping centers including the Deptford Mall, will invest $106.8 million in a joint venture to redevelop the Gallery at Market East and offer "accessible luxury retailing" there, Pennsylvania Real Estate Investment Trust, owner of the 1.4 million-square-foot Center City shopping complex, said Tuesday.