Archive

Highest Paid No. 2s

Why is BP a management basket case, while Apple shines? A powerful second in command. Peter Lauria on the 20 highest paid second fiddles—and why some make more than their boss.

galleries/2010/06/04/highest-paid-no-2s/number-two-exe1_y2sog1
Justin Sullivan / Getty Images,Justin Sullivan
galleries/2010/06/04/highest-paid-no-2s/number-two-exe1_fhsrtz

President

Oracle

Total Compensation: $42.4 million

Breakdown: Salary, $800,000; Total Bonus, $2.2 million; Options, $39.4 million; Other, $18,150

Justin Sullivan / Getty Images
galleries/2010/06/04/highest-paid-no-2s/number-two-exe2_f3iwys

Executive Vice President, Chief Operating Officer, President

Comcast

Total Compensation: $31 million

Breakdown: Salary, $2.3 million; Bonus, $9.6 million; Stock, $10 million; Options, $4.5 million; Other, $4.4 million

Mike Appleton / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe3_f27sz3

President, Global Banking and Markets

Bank of America

Total Compensation: $30 million

Breakdown: Salary, $586,540; Stock, $29.3 million; Other, $30,423

Chuck Burton / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe4_jtucru

Senior Executive Vice President, Chief Financial Officer
Viacom

Total Compensation: $27 million

Breakdown: Salary $2 million; Bonus, $10 million; Stock, $10.2 million; Options, $4.8 million; Other , $11,998

Kevin Winter, Pool / Getty Images
galleries/2010/06/04/highest-paid-no-2s/number-two-exe5_wp49l8

President, Global Sales Operations and Business Development

Google

Total Compensation: $24.5 million

Breakdown: Salary, $450,000; Bonus, $3.2 million; Stock, $15.7 million; Options, $4.6 million; Other, $478,611

Johannes Simon / Getty Images
galleries/2010/06/04/highest-paid-no-2s/number-two-exe6_qvmtgw

President and Chief Operating Officer (left company effective June 30, 2009)

News Corp.

Total Compensation: $24.1 million

Breakdown: Salary, $8.1 million; Bonus, $5.4 million; Stock, $10.4 million; Other, $183,737

Richard Drew / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe7_uaykui

Chairman

Freeport McMoRan

Total Compensation: $20.3 million

Breakdown: Salary, $2.5 million; Bonus, $10 million; Options, $6.8 million; Other, $1.1 million

MUCHTAR ZAKARIA
galleries/2010/06/04/highest-paid-no-2s/number-two-exe8_xp8hr4

Chairman

Ford Motor

Total Compensation: $16.2 million

Breakdown: Stock, $9.4 million; Options, $5.1 million; Other, $1.7 million

AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe9_ggptpc

Chairman

CBS

Total Compensation: $16.2 million

Breakdown: Salary, $1 million; Bonus, $7.5 million; Stock, $4.3 million; Options, $3.3 million; Other, $30,317

DM1
galleries/2010/06/04/highest-paid-no-2s/number-two-exe10_igkztx

Executive Vice President, President and CEO, Sam’s Club

Walmart Stores

Total Compensation: $14.3 million

Breakdown: Salary, $668,500; Bonus, $1.3 million; Stock, $10.6 million; Other, $1.7 million

April L. Brown / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe11_pmwklg

Senior Executive Vice President, Wealth Management, Brokerage and Retirement

Wells Fargo

Total Compensation: $14.2 million

Breakdown: Salary, $700,000; Bonus, $11 million; Options, $2.5 million; Other, $32,800

galleries/2010/06/04/highest-paid-no-2s/number-two-exe12_boq57e

Vice Chairman

Prudential Financial

Total Compensation: $13.6 million

Breakdown: Salary, $883,000; Bonus, $8 million; Stock, $2.8 million; Options, $1.9 million; Other, $69,640

Bloomberg
galleries/2010/06/04/highest-paid-no-2s/number-two-exe13_qqhgiy

President and Chief Financial Officer

Occidental Petroleum

Total Compensation: $13.5 million

Breakdown: Salary, $720,000; Bonus, $1.4 million; Stock, $11 million; Other, $309,270

Reed Saxon / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe14_w86j3x

President and Chief Operating Officer

State Street

Total Compensation: $13.4 million

Breakdown: Salary, $775,000; Bonus, $2.5 million; Stock, $10 million; Other, $143, 440

galleries/2010/06/04/highest-paid-no-2s/number-two-exe15_ptg8bk

President

Aetna

Total Compensation: $12.6 million

Breakdown: Salary, $932, 400; Bonus, $612,000; Stock, $7.2 million; Options, $3.8 million; Other, $71,7000

galleries/2010/06/04/highest-paid-no-2s/number-two-exe16_vbvbv3

Vice Chairman and Head of Global Consumer and Small Business Card Issuing, Network and Merchant Businesses

American Express

Total Compensation: $12.5 million

Breakdown: Salary, $862,000; Bonus, $5.6 million; Stock, $2.0 million; Options, $2.6 million; Other, $1.4 million

galleries/2010/06/04/highest-paid-no-2s/number-two-exe17_k9zkmh

Senior Vice Chairman

PNC Financial Services

Total Compensation: $12 million

Breakdown: Salary, $2.3 million; Stock, $8 million; Options, $1.6 million; Other, $69,000

Matt Rourke / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe18_lunpwe

Vice Chairman and Head of Capital Finance Business

General Electric

Total Compensation: $11.8 million

Breakdown: Salary, $1.8 million; Bonus, $2.9 million; Options, $6.9 million; Other, $270,000

Fred Prouser / Reuters
galleries/2010/06/04/highest-paid-no-2s/number-two-exe19_zyod9s

President and Chief Operating Officer, EMC Information Infrastructure Products

EMC

Total Compensation: $11.7 million

Breakdown: Salary, $182,300; Bonus, $500,000; Stock, $8.2 million; Options, $2.7 million; Other, $133,000

Paul Sakuma / AP Photo
galleries/2010/06/04/highest-paid-no-2s/number-two-exe20_tn4a8w

Executive Vice President, Cisco Services and Chief Globalization Officer

Cisco Systems

Total Compensation: $11.6 million

Breakdown: Salary, $816,700; Bonus, $1 million; Stock, $7.9 million; Other, $2 million

Paul Sakuma / AP Photo