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Posts Tagged ‘Laslie Ray’

Liberty Media Corp. Chairman Gregory B. Maffei crowned as this year's highest-paid executive in the Wall Street Journal's latest survey which was released some time ago. Maffei, reportedly received total direct compensation before tax amounting to USD87, 1 million during 2009. The amount is four times higher than its earnings in 2008.

After Maffei, in second place there is the Chief Executive Officer Larry Ellison of Oracle's total compensation this year reached USD68, 6 million. Ellison main income comes from ownership of shares valued at USD61, 9 million. Another executive who signed the list of highest-paid CEO Ray Irani, chairman of Occidental Petroleum Corp.. His position was shifted to third with a total salary amount of USD52, 2 million. The amount of income considered adequate Irani Occidental reflect performance in the last year which was considered improved compared to previous years. And last October the oil company's shareholders have agreed to cut executive compensation for a maximum of three quarters of the previous salary.