Our annual Out Of Whack executive pay analysis already told you about the eye-popping compensation packages that Big Media CEOs made last year. But AP adds more context to the story this morning by showing that the amounts not only are high in absolute terms, they’re also outsized in comparison with the rest of corporate America. Six of the country’s 10 highest-paid CEOs come from media: CBS’ Les Moonves (No. 2, $65.6M), Viacom’s Philippe Dauman (No. 5, $37.2M), Disney’s Bob Iger (No. 7, $34.3M), Discovery’s David Zaslav (No. 8, $33.3M), Time Warner’s Jeff Bewkes (No. 9, $32.5M), and Comcast’s Brian Roberts (No. 10, $31.4M).
What’s interesting in the AP story, based on data from corporate proxies compiled by research firm Equilar, is how media chiefs compare with CEOs at companies that have far more impact on the economy. For example, ExxonMobil’s Rex Tillerson came in at No. 12 with $28.1M, Ford Motor’s Alan Mulally was No. 18 with $23,2M, Miles White of pharmaceutical giant Abbott Laboratories was No. 29 with $20.9M, Goldman Sachs’ Lloyd Blankfein was No, 37 with $19.9M, and General Electric’s Jeffrey Immelt was No. 43 with $19.2M. And last on the list of 50 was Coca-Cola’s Ahmet Kent with $18.2M. Last year’s highest-paid CEO was Anthony Petrello of oil and gas drilling company Nabors Industries with $68.2M.
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