{"id":30148,"date":"2013-01-29T14:41:40","date_gmt":"2013-01-29T12:41:40","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=30148"},"modified":"2013-01-29T14:43:14","modified_gmt":"2013-01-29T12:43:14","slug":"top-paid-executives-in-2012","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/30148\/top-paid-executives-in-2012\/","title":{"rendered":"Top paid executives in 2012"},"content":{"rendered":"<p>Forbes has listed the top paid executives of 2012, and top-earning CEOs had a bumper year with stock gains padding compensation considerably.<\/p>\n<p>The executive which brought home the most money in 2012 is <a title=\"John Hammergren\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/7018-John-Hammergren\">John Hammergren<\/a>, the president, chairman and CEO of\u00a0 <a title=\"McKesson Corporation\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/7019-McKesson-Corporation\">McKesson Corporation<\/a> &#8211; an American medical and scientific supplies company.<\/p>\n<p>Hammergren&#8217;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.<\/p>\n<p><a title=\"Ralph Lauren\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/7020-Ralph-Lauren\">Ralph Lauren<\/a>, founder of the clothing brand of the same name, brought in under half of Hammergren&#8217;s earnings in 2012 with $66.6 million, placing second, overall.<\/p>\n<p><a title=\"Jeffery Boyd\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/7021-Jeffery-Boyd\">Jeffery Boyd<\/a>, CEO and president of travel services website, <a title=\"Priceline.com\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/7022-Priceline-com\">Priceline.com<\/a>, makes a strong showing for online companies, bringing in total compensation of $50.18 million, bolstered by $30.24 million in stock gains.<\/p>\n<h3 class=\"my-4\">Top earner<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Name<\/strong><\/td>\n<td>John H Hammergren<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Salary <\/strong><\/td>\n<td>$1.66 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Bonus<\/strong><\/td>\n<td>$4.65 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Other<\/strong><\/td>\n<td>$12.76 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Stock Gains<\/strong><\/td>\n<td>$112.12 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Total<\/strong><\/td>\n<td>$131.19 million<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h3 class=\"my-4\">Top 10<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>#<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Name<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Company<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Salary ($million)<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>John H Hammergren<\/td>\n<td>McKesson<\/td>\n<td>131.19<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Ralph Lauren<\/td>\n<td>Ralph Lauren<\/td>\n<td>66.65<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Michael D Fascitelli<\/td>\n<td>Vornado Realty<\/td>\n<td>64.405<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Richard D Kinder<\/td>\n<td>Kinder Morgan<\/td>\n<td>60.94<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>David M Cote<\/td>\n<td>Honeywell<\/td>\n<td>55.79<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>George Paz<\/td>\n<td>Express Scripts<\/td>\n<td>51.525<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Jeffery H Boyd<\/td>\n<td>Priceline.com<\/td>\n<td>50.185<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Stephen J Hemsley<\/td>\n<td>UnitedHealth Group<\/td>\n<td>48.835<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Clarence P Cazalot Jr<\/td>\n<td>Marathon Oil<\/td>\n<td>43.71<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>John C Martin<\/td>\n<td>Gilead Sciences<\/td>\n<td>43.19<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h3 class=\"my-4\">Highest paid tech executives<\/h3>\n<p>When it comes to the tech sector, specifically, <a title=\"Qualcomm\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2083-Qualcomm\">Qualcomm<\/a> CEO, <a title=\"Paul Jacobs\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/6693-Paul-Jacobs\">Paul Jacobs<\/a>, 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.<\/p>\n<p>Jacobs placed 20th, overall, being the only tech executive to crack the top 25.<\/p>\n<p>Other big tech players, such as <a title=\"Oracle\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1753-Oracle\">Oracle<\/a>&#8216;s <a title=\"Lawrence Ellison\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2000-Larry-Ellison\">Lawrence Ellison<\/a> and <a title=\"Apple\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1648-Apple\">Apple<\/a>&#8216;s chief, <a title=\"Tim Cook\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2162-Tim-Cook\">Tim Cook<\/a>, placed outside of the top 100, overall, earning a 2012 total of well over $14 million dollars, each.<\/p>\n<h3 class=\"my-4\">Top tech earner<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Name<\/strong><\/td>\n<td>Paul E Jacobs<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Salary<\/strong><\/td>\n<td>$1.15 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Bonus<\/strong><\/td>\n<td>$5.51 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Other<\/strong><\/td>\n<td>$0.74 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Stock Gains<\/strong><\/td>\n<td>$28.93 million<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Total<\/strong><\/td>\n<td>$36.33 million<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h3 class=\"my-4\">Top 10 in tech<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>#<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>O#<br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Name<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Company<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Salary <strong>($million)<\/strong><br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>20<\/td>\n<td>Paul E Jacobs<\/td>\n<td>Qualcomm<\/td>\n<td>36.33<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>26<\/td>\n<td>Joseph M Tucci<\/td>\n<td>EMC<\/td>\n<td>32.3<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>34<\/td>\n<td>Randall L Stephenson<\/td>\n<td>AT&amp;T<\/td>\n<td>26<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>84<\/td>\n<td>Thomas Georgens<\/td>\n<td>NetApp<\/td>\n<td>17.03<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>98<\/td>\n<td>Jen-Hsun Huang<\/td>\n<td>Nvidia<\/td>\n<td>15.445<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>99<\/td>\n<td>John J Donahoe<\/td>\n<td>Ebay<\/td>\n<td>15.38<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>106<\/td>\n<td>Lawrence J Ellison<\/td>\n<td>Oracle<\/td>\n<td>14.89<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>107<\/td>\n<td>Timothy D Cook<\/td>\n<td>Apple<\/td>\n<td>14.826<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>122<\/td>\n<td>Gregory Q Brown<\/td>\n<td>Motorola Solutions<\/td>\n<td>13.7<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>158<\/td>\n<td>Virginia M Rometty<\/td>\n<td>IBM<\/td>\n<td>10.886<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>The Forbes compensation rank is based on total compensation for latest fiscal year. Total compensation for each chief executive includes the following:<\/p>\n<ul>\n<li>Salary and bonuses;<\/li>\n<li>Other compensation, such as vested restricted stock grants, LTIP payouts and perks;<\/li>\n<li>Stock gains, the value realized by exercising stock options.<\/li>\n<\/ul>\n<p>You can view the <a title=\"Forbes CEO compensation 2012\" href=\"http:\/\/www.forbes.com\/lists\/2012\/12\/ceo-compensation-12_rank.html\" target=\"_blank\">full list on Forbes<\/a><\/p>\n<h3 class=\"my-4\">More stories on the world&#8217;s richest people<\/h3>\n<p><a title=\"Forbes lists Africa\u2019s power players\" href=\"http:\/\/businesstech.co.za\/news\/general\/10779\/forbes-lists-africas-power-players\/\"><strong>Forbes lists Africa\u2019s power players<\/strong><\/a><\/p>\n<p><a title=\"Richest IT people in South Africa\" href=\"http:\/\/businesstech.co.za\/news\/general\/22288\/richest-it-people-in-south-africa\/\"><strong>Richest IT people in South Africa<\/strong><\/a><\/p>\n<p><strong><a title=\"South Africa\u2019s richest people\" href=\"http:\/\/businesstech.co.za\/news\/general\/21775\/south-africas-richest-people\/\">South Africa\u2019s richest people<\/a><\/strong><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/general\/10779\/forbes-lists-africas-power-players\/\"><strong>Forbes lists Africa\u2019s power players<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/general\/7464\/forbes-lists-1226-billionaires-around-the-globe\/\"><strong>Forbes lists 1,226 billionaires around the globe<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes has listed the top paid executives of 2012<\/p>\n","protected":false},"author":10,"featured_media":15631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[51,5039,1896,26,523,5038],"class_list":["post-30148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-apple","tag-ceo-earnings","tag-forbes","tag-headline","tag-qualcomm","tag-rich-list"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/30148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=30148"}],"version-history":[{"count":11,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/30148\/revisions"}],"predecessor-version":[{"id":30781,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/30148\/revisions\/30781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/15631"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=30148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=30148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=30148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}