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Yahoo, Novell, Sprint, Motorola Execs Overpaid: Report

Yahoo, Novell, Sprint, Motorola Execs Overpaid: Report
Oct 14, 2010
2 minute read
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Yahoo, Novell, Sprint, Motorola Execs Overpaid: Report

Yahoo, Novell, Sprint, Motorola Execs Overpaid: Report

by Nicholas Kolakowski


THE OVERPAID

2

Name: 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.


Name: 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.


Name: Dan Hesse
Company: Sprint Nextel

5

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


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

6

Motorola is making its second consecutive appearance on the list.


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Name: 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.


Name: Bill Morrow
Company: Clearwire

8

Clearwire also made the Overpaid list.


Name: 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.


THE UNDERPAID

10

Name: 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.


Name: 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.


Name: Jeffery H. Boyd
Company: Priceline.com

13

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

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