Top paid executives in 2012

 ·29 Jan 2013
Billionaire

Forbes has listed the top paid executives of 2012, and top-earning CEOs had a bumper year with stock gains padding compensation considerably.

The executive which brought home the most money in 2012 is John Hammergren, the president, chairman and CEO of  McKesson Corporation – an American medical and scientific supplies company.

Hammergren’s compensation for 2012 was boosted by over $112 million in stock gains. McKesson brought in a net income (profits after tax) of $1.4 billion in its full-year reporting, ending March 2012.

Ralph Lauren, founder of the clothing brand of the same name, brought in under half of Hammergren’s earnings in 2012 with $66.6 million, placing second, overall.

Jeffery Boyd, CEO and president of travel services website, Priceline.com, makes a strong showing for online companies, bringing in total compensation of $50.18 million, bolstered by $30.24 million in stock gains.

Top earner

Name John H Hammergren
Salary $1.66 million
Bonus $4.65 million
Other $12.76 million
Stock Gains $112.12 million
Total $131.19 million

Top 10

# Name Company Salary ($million)
1 John H Hammergren McKesson 131.19
2 Ralph Lauren Ralph Lauren 66.65
3 Michael D Fascitelli Vornado Realty 64.405
4 Richard D Kinder Kinder Morgan 60.94
5 David M Cote Honeywell 55.79
6 George Paz Express Scripts 51.525
7 Jeffery H Boyd Priceline.com 50.185
8 Stephen J Hemsley UnitedHealth Group 48.835
9 Clarence P Cazalot Jr Marathon Oil 43.71
10 John C Martin Gilead Sciences 43.19

Highest paid tech executives

When it comes to the tech sector, specifically, Qualcomm CEO, Paul Jacobs, raked in over $36 million in 2012, bolstered by over $28 million in stock gains on top of his $1.15 million salary and $5.5 million bonus.

Jacobs placed 20th, overall, being the only tech executive to crack the top 25.

Other big tech players, such as Oracle‘s Lawrence Ellison and Apple‘s chief, Tim Cook, placed outside of the top 100, overall, earning a 2012 total of well over $14 million dollars, each.

Top tech earner

Name Paul E Jacobs
Salary $1.15 million
Bonus $5.51 million
Other $0.74 million
Stock Gains $28.93 million
Total $36.33 million

Top 10 in tech

# O#
Name Company Salary ($million)
1 20 Paul E Jacobs Qualcomm 36.33
2 26 Joseph M Tucci EMC 32.3
3 34 Randall L Stephenson AT&T 26
4 84 Thomas Georgens NetApp 17.03
5 98 Jen-Hsun Huang Nvidia 15.445
6 99 John J Donahoe Ebay 15.38
7 106 Lawrence J Ellison Oracle 14.89
8 107 Timothy D Cook Apple 14.826
9 122 Gregory Q Brown Motorola Solutions 13.7
10 158 Virginia M Rometty IBM 10.886

The Forbes compensation rank is based on total compensation for latest fiscal year. Total compensation for each chief executive includes the following:

  • Salary and bonuses;
  • Other compensation, such as vested restricted stock grants, LTIP payouts and perks;
  • Stock gains, the value realized by exercising stock options.

You can view the full list on Forbes

More stories on the world’s richest people

Forbes lists Africa’s power players

Richest IT people in South Africa

South Africa’s richest people

Forbes lists Africa’s power players

Forbes lists 1,226 billionaires around the globe

Show comments
Subscribe to our daily newsletter