What if I say you that Apple’s Tim Cook, Larry Page from the Alphabet and Jeff Bezos of Amazon, appear on the list of highest-paid CEOs, but none are in the top 10 ranking. So, any guess who is the winner? Check out the list, drawn up bellow.
The salary of millions of dollars to a CEO is not necessarily excessive. The amount earned by each depends on the size of the company that runs, the area you are in and the business performance of the company in the market.
Top 10 Highest-Paid CEOs Of The IT Industry
But will these salaries are fair? The Farient compensation consultant calculated the average executive compensation from technology industries to analyze what they call “earnings adjusted performance” and list the top 10 excessively paid CEOs, based on the criteria mentioned above. Check out the ranking:-
1. John Chen (BlackBerry) – US $ 85.8 million
John S. Chen is a Hong Kong-born British-American businessman and chief executive officer of BlackBerry which is a Canadian multinational telecommunication and wireless equipment company best known to the general public as the developer of the BlackBerry brand of smartphones and tablets. John Chen achieved the first place in the list of the highest paid CEO of technology Industry with a compensation of US $ 85.8 million.
2. Satya Nadella (Microsoft) – US $ 84.3 million
The India-born, Satya Nadella is the current CEO of the tech giant Microsoft which is an American multinational technology company headquartered in Redmond, Washington, that develops, manufactures, licenses, supports and sells computer software, consumer electronics and personal computers and services. Satya Nadella achieved the second place in the list of the highest paid CEO of technology Industry with a compensation of US $ 84.3 million.
3. Nicholas Woodman (GoPro) – US $ 77.4 million
Nicholas D. “Nick” Woodman is an American businessman and philanthropist as well as the founder and CEO of GoPro which is an American technology company founded in 2002 by Nick Woodman. It manufactures eponymous action cameras and develops its mobile apps and video editing software. Nicholas Woodman achieved the third place in the list of the highest paid CEO of technology Industry with a compensation of US $ 77.4 million.
4. Lawrence J Ellison (Oracle) – US $ 67.3 million
Lawrence Joseph “Larry” Ellison is an American businessman, entrepreneur, and philanthropist, as well as the co-founder and CEO of Oracle Corporation which is an American multinational computer technology corporation, headquartered in Redwood City, California. Lawrence J Ellison achieved the fourth place in the list of the highest paid CEO of technology Industry with a compensation of US $ 67.3 million.
5. Steve Mollenkopf (Qualcomm) – US $ 60.7 million
Steven Mollenkopf is the Key people cum CEO of the Qualcomm which is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. Steven Mollenkopf achieved the fifth place in the list of the highest paid CEO of technology Industry with a compensation of US $ 60.7 million.
6. Marissa Mayer (Yahoo!) – US $ 42.1 million
Marissa Ann Mayer is an American information technology executive, currently serving as the president and Chief Executive Officer of Yahoo! which is an American multinational technology company headquartered in Sunnyvale, California. Basically known for its Web portal, search engine Yahoo! Search, and related services, including Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Finance, Yahoo! Groups, Yahoo! Answers, advertising, online mapping, video sharing, fantasy sports, and its social media website. Marissa Mayer achieved the sixth place in the list of the highest paid CEO of technology Industry with a compensation of US $ 42.1 million.
7. Marc Benioff (Salesforce) – US $ 39.9 million
Marc Russell Benioff is an American internet entrepreneur, author, and philanthropist. He is the founder, chairman and CEO of a leading enterprise of cloud computing company, Salesforce. Marc Benioff achieved the seventh place in the list of the highest paid CEO of technology Industry with a compensation of US $ 39.9 million.
8. Zachary Nelson (NetSuite) – $ 31.6 million
Zach Nelson is President and Chief Executive Officer of NetSuite, Inc. which is an American software company based in San Mateo, California, that sells an eponymous group of software services used to manage a business’s operations and customer relations. Zachary Nelson achieved the eighth place in the list of the highest paid CEO of technology Industry with a compensation of US $ 31.6 million.
9. Brian L. Roberts (Comcast) – US $ 26.4 million
Brian L. Roberts is an American businessman who is the Chairman and Chief Executive Officer of Comcast Corporation, an American company providing cable, entertainment, and communications products and services. Brian L. Roberts achieved the Ninth place in the list of the highest paid CEO of technology Industry with a compensation of US $ 26.4 million.
10. Meg Whitman (HP) – US $ 19.6 million
Meg Whitman is an American business executive and political activist and donor. Whitman is currently the President and Chief Executive Officer of Hewlett-Packard Enterprise, as well as the Chairwoman of HP Inc. Whitman earned an annual compensation of US $ 19.6 million and achieved the last position in the list of the highest paid CEO of technology Industry.