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    Yahoo, Novell, Sprint, Motorola Execs Overpaid: Report

    By
    Nicholas Kolakowski
    -
    October 14, 2010
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      PrevNext

      1Yahoo, Novell, Sprint, Motorola Execs Overpaid: Report

      1

      by Nicholas Kolakowski

      2THE OVERPAID

      2

      3Name: Carol Bartz
      Company: Yahoo

      3

      The report named Yahoo CEO Carol Bartz “the highest-paid CEO at an Overpaid 25 company.” Her 2009 compensation was $39 million.

      4Name: Ronald Hovespian
      Company: Novell

      4

      Hovespian received $5.2 million in total fiscal-year 2009 compensation, low by CEO standards, but the company’s underperformance was nonetheless enough to place it on the Overpaid list.

      5Name: Dan Hesse
      Company: Sprint Nextel

      5

      Spring Nextel—and, by extension, CEO Dan Hesse—also made the Overpaid Company list.

      6Name: Greg Brown and Sanjay Jha, co-CEOs
      Company: Motorola

      6

      Motorola is making its second consecutive appearance on the list.

      7Name: Steve Appleton
      Company: Micron Technology

      7

      The report cites Micro Technology’s financial losses, despite its executive’s steadily rising compensation, as the reason for putting it on the list.

      8Name: Bill Morrow
      Company: Clearwire

      8

      Clearwire also made the Overpaid list.

      9Name: Larry Ellison
      Company: Oracle

      9

      Although Oracle has reported robust numbers (especially in comparison to some of the companies on its Overpaid list), Glass Lewis felt obligated to cite the company for the enormous size of its pay packages for top executives, including CEO Ellison and co-President Mark Hurd.

      10THE UNDERPAID

      10

      11Name: Steve Jobs
      Company: Apple

      11

      The report claims Steve Jobs as the lowest-paid CEO on its “Underpaid 25” list, citing his fiscal 2009 salary of $1.

      12Name: Jeff Bezos
      Company: Amazon.com

      12

      Jeff Bezos received $81,840 in base salary and $1.7 million “in the incremental cost of security arrangements,” enough to put him on the “Underpaid 25” list.

      13Name: Jeffery H. Boyd
      Company: Priceline.com

      13

      Priceline.com was another Web-centric company to make the list.

      PrevNext

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