If money is the best deodorant, as Elizabeth Taylor once famously said, then these CEOs smell mighty fine. While the U.S. has cultivated a culture of highly paid CEOs, they are increasingly being doused in heaping sums of fragrant compensation.
According to a recent study by the Economic Policy Institute, in 2013 the average compensation paid to the average CEO and an average employee in an organization was 272.9:1 (Tweet This). In other words, the average CEO smelled 272.9:1 better than the average employee.
See our list of the highest-paid CEOs of 2013. Annual compensation calculations include cash, stock options, and other variables.
1. Charif Souki - Chenier Energy - $142 million
Co-founder and CEO Souki has been heading Chenier Energy since 2002. He tops the list of 2013’s highest-paid CEOs with a base salary of $800,000, a bonus of $3.68 million, restricted stock awards of around $133 million, incentives of $4.2 million and miscellaneous compensations that take his total compensation to $142 million for the year.
2. Lawrence J. Ellison – Oracle - $78.4 million
Ellison, the founder and CEO of software maker Oracle, is now in his thirty-third year of heading the company. According to sources, in 2013 the Silicon Valley boss’s pay was reduced to $78 million from his 2012 salary of $96.2 million.
3. Mario Gabelli – Gamco Investors - $68 million
Gabelli’s investment-minded approach began when he started buying stock shares at 13 years old. He founded Gamco Investors as Gabelli Asset Management Co. and does not take a direct salary. Instead, he takes 10% of all the pretax profit and bonus or stock options. In 2013, this successful strategy enabled him to take home $68 million. Over several years, he has reportedly received an estimated 3-quarters of a billion dollars in compensation from the company.
4. Leslie Moonves – CBS - $66.9 million
Moonves has been the CEO of America’s most-watched television network since 2006, as well as being on the board of directors since the company’s formation. His 2013 compensation included a salary of $3,513,460, a bonus of $28,500,000, restricted stock awards of $26,499,925, plus $1,230,859 in option awards, a $5,845,000 change in pension value, and nonqualified deferred compensation earnings of $1,343,336, making the total compensation $66,932,581.
5. Richard C. Adkerson - Freeport-McMoRan Copper & Gold – $55.2 million
A co-chairman of the board at MCMORAN EXPLORATION CO, CEO Adkerson received a 2013 salary of $2,500,000, restricted stock awards worth $9,860,216, other compensation amounting to $36,709,323, option awards of $4,941,000 and non-equity incentive plan compensation of $1,250,000, making the total compensation $55,260,539.
6. John Hammergren - McKesson Corp - $51.7 million
Hammergren has been serving as president and CEO of McKesson Corp since April 2001, and has served as Chairman of the Board since July 2002. Hammergren joined the company in 1996. His 2013 compensation included a salary of $1,680,000, restricted stock awards of $8,200,560, other compensation of $369,419, option awards of $5,819,523, non-equity incentive plan compensation amounting to $11,464,200, and change in pension value and nonqualified deferred compensation earnings of $24,211,297, giving him a total compensation of $51,744,999.
If Elizabeth Taylor was right about her personal hygiene regimen, then these CEOs are sure to be the best smelling folks in the business.