With that in mind, it's worth taking a step back and looking at the executive pay of the industry's top executives.
Often, total compensation reflects not just a base salary but also bonuses and stock options. In some cases, high pay is the reward executives receive for delivering positive results for the company they lead, while in other cases executives have been given large pay packages to lure them to a company in the hopes of a turnaround, like Nokia's Stephen Elop.
The following is a list of executive pay for 2010 (the last full year available).
The data comes from publicly available filings made with the Securities and Exchange Commission.
Often, total compensation reflects not just a base salary but also bonuses and stock options. In some cases, high pay is the reward executives receive for delivering positive results for the company they lead, while in other cases executives have been given large pay packages to lure them to a company in the hopes of a turnaround, like Nokia's Stephen Elop.
The following is a list of executive pay for 2010 (the last full year available).
The data comes from publicly available filings made with the Securities and Exchange Commission.
Total compensation: $5,956,854 Salary: $422,917 Bonus: $580,000 Other compensation (stock awards, etc.): $4,953,937 Duration with the company: Since June 2010 | |
Total compensation: $6,304,171 Salary: $804,470 Bonus: -- Other compensation (stock awards, etc.): $5,499,701 Duration with the company: Since 1994 | |
Total compensation: $7,195,900 Salary: $913,462 Bonus: $0 Other compensation (stock awards, etc.): $6,282,438 Duration with the company: Since 2000 (inception of Verizon Wireless) | |
Total compensation: $8,689,235 (€6,658,26) Salary: $365,767 Bonus: $440,137 Other compensation (stock awards, etc.): $7,883,931 Duration with the company: Since September 2010 | |
Total compensation: $9,068,608 Salary: $1,200,000 Bonus: $0 Other compensation (stock awards, etc.): $7,868,608 Duration with the company: Since 2007 | |
Total compensation: $10,894,670 Salary: $820,833 Bonus: $0 Other compensation (stock awards, etc.): $10,073,837 Duration with the company: Since 2004 (as Cingular) | |
Total compensation: $13,016,126 Salary: $900,000 Bonus: $0 Other compensation (stock awards, etc.): $12,116,126 Duration with the company: Since August 2008 (prior to the splitting of Motorola Mobility and Motorola Solutions) | |
Total compensation: $17,626,939 Salary: $1,146,644 Bonus: $7,500 Other compensation (stock awards, etc.): $16,472,795 Duration with the company: Since 1990 | |
Total compensation: $27,341,628 Salary: $1,533,333 Bonus: $0 Other compensation (stock awards, etc.): $25,808,295 Duration with the company: Since 1982 | |
Total compensation: $59,092,572 Salary: $800,016 Bonus: $5,000,000 Other compensation (stock awards, etc.): $53,292,556 Duration with the company: Since 1998 |
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