Overpaid CEO's

I've seen alot of flack in the news over the last few months, people complaining how CEO's shouldn't be paid what they are and have their bonuses taken away.

If you ran a company that made billions of dollars a year, would you accept a basic rate salary? I don't think so.

I think the public are ignorant to what being a CEO entails, because I think if they did know, they would have a very different opinion.

What do you think?

John

 

if they are running billion dollar company they are taking huge risks themselves and obviously deserve good money

 

In my opinion, they need to put themselves at the ceo's shoes. If you manage to get the company to get billions of dollar, they are surely very good. Futhermore, they are going to have day to day pressure that obviously making them lost a lot of their time.
So, yes, They deserve a good paycheck.

 

They definitely deserve the amount of money they make, even if its really large lol People who say they don't deserve that much money are just jealous. I can understand them being jealous, I wish I made millions as well

 

The 15 Most Overpaid CEOs

#15 Valero -- William R. Klesse
CEO Compensation: $11,252,135

#14 Macy's -- Terry J. Lundgren

CEO Compensation: $16,392,887

#13 Abercrombie & Fitch Co -- Michael S. Jeffries

CEO Compensation: $38,500,523

#12 Allegheny Technologies -- L. Patrick Hassey

CEO Compensation: $8,552,769


#11 Motorola -- Gregory Brown/Sanjay K. Jha

CEO Compensation: $11,662,650

#10 Coventry Health Care -- Allen F. Wise

CEO Compensation: $25,387,638

#9 Alcoa -- Klaus Kleinfeld

CEO Compensation: $14,338,538

#8 News Corp. -- Rupert Murdoch

Company: News Corporation
CEO Compensation: $18,083,763

#7 Tesoro -- Bruce A. Smith

CEO Compensation: $8,504,951

#6 MEMC Electronic Materials -- Ahmad Chatila

CEO Compensation: $16,652,259

#5 Janus Capital -- Timothy K. Armour

CEO Compensation: $11,432,865


#4 Harman -- Dinesh Paliwal

CEO Compensation: $5,690,152


#3 Novell -- Ronald W. Hovsepian

CEO Compensation: $5,197,191

#2 Lockheed Martin -- Robert J. Stevens

CEO Compensation: $21,729,841

#1 CB Richard Ellis Group -- Brett White

CEO Compensation: $7,729,213

 

I'll wait until the day I become something of a CEO to try to answer this question.

 

I would say there Pay is a little high and should be at a more suitable level But i totally agree that alot of these companies wouldnt be where they are today if they didnt have some of the CEO's Already stated.

 

just bcoz they re being paid more how can u call them overpaid????

i think they deserve it

 

I think it depends on the companies performance really.

 

How come CEOs weren't making nearly that much just a few decades ago? What's up?
Besides, a lot of CEOs in fact maKE the company LOSE money.
But anyway it should be up to their stockholders to decide what they should be earning.

 

I believe that it's just fair that CEO's earn big amount of money when they perform really really well and the company is increasing its profit.