My last post didn’t effectively convey something: the CEOs of the 2001 generation did a fabulous job. They righted the ship at their respective companies. And since they did a great job, they were paid very well for it. Here is a list of what some of them were paid (these numbers come from forbes):
Charles Prince – in 2006 from Citigroup
- $1,000,000 Salary
- $13,200,000 Bonus
- $11,775,719 in other compensation (stocks of some sort)
Richard Parsons – in 2006 from Time Warner
- $1,500,000 Salary
- $0 Bonus
- $20,979,353 in other compensation (stocks of some sort)
- It is believed that he walks with $90 million in stocks and $40 million in options from Merrill Lynch
Bruce Chizen – in 2006 from Adobe
- $925,000 Salary
- $681,262 Bonus
- $3,258,971 in other compensation (stocks of some sort)
Bruce Chizen left Adobe under the premise of my earlier post titled Next Generation CEO
Working Thoughts 