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(CNN)   Top Paid CEOs. Bonus: as a slideshow   (money.cnn.com) divider line 55
    More: Scary, Larry Ellison, CEO, stock splits, executive compensation, prophets  
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2926 clicks; posted to Business » on 08 Apr 2013 at 12:11 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-04-08 12:17:55 PM
I was expecting more exorbitant salaries
 
2013-04-08 12:24:08 PM
The top three make as much as 4,300 average households.
 
2013-04-08 12:28:29 PM

Muta: The top three make as much as 4,300 average households.


The top three do more work than 4,300 average households.
 
2013-04-08 12:29:59 PM
I though the Margaret Thatcher thread was today's "two-hours of hate".  Too much of this sort of thing is bound to cause aneurisms.
 
2013-04-08 12:38:06 PM
Larry Ellison built Oracle from scratch using technology he stole from the DoD, so he made his money the honest way.

The CEO of HCA?  Not so much.
 
2013-04-08 12:44:02 PM

enik: Muta: The top three make as much as 4,300 average households.

The top three do more work than 4,300 average households.


so true.. the rest of us is lazy.
 
2013-04-08 12:45:49 PM
A wretched bowl of dicks and villainy.
 
2013-04-08 12:52:22 PM

enik: Muta: The top three make as much as 4,300 average households.

The top three do more work than 4,300 average households


That was my point.  The top three should be making earning more.
 
2013-04-08 12:53:11 PM
But if any of them get fired, their salary triples.
 
2013-04-08 01:18:00 PM

Marcus Aurelius: Larry Ellison built Oracle from scratch using technology he stole from the DoD, so he made his money the honest way.

The CEO of HCA?  Not so much.


Wait...how do you make money the honest way if you stole the technology to begin with?
 
2013-04-08 01:40:26 PM
CSB time.  #8 had building facilities rework the entrance to the underground parking garage so he wouldn't scrape the bottom of his car.  Apparently, they took measurements of the car itself to ensure they reworked the concrete correctly.

/His daily driver was an S8
//The "nicer weather" car was 997 Turbo Cabrio
///The "facilities rework" car was a 599.  It's good to be the king
 
2013-04-08 01:42:42 PM

Galileo's Daughter: Marcus Aurelius: Larry Ellison built Oracle from scratch using technology he stole from the DoD, so he made his money the honest way.

The CEO of HCA?  Not so much.

Wait...how do you make money the honest way if you stole the technology to begin with?


OK, so that part wasn't exactly honest.  But he did build the company from scratch.

The CEO of HCA gets his bonus by raising rates >10% a year and denying as many claims as possible.  ANY fool can do THAT.
 
2013-04-08 01:59:35 PM

IamSoSmart_S_M_R_T: CSB time.  #8 had building facilities rework the entrance to the underground parking garage so he wouldn't scrape the bottom of his car.  Apparently, they took measurements of the car itself to ensure they reworked the concrete correctly.

/His daily driver was an S8
//The "nicer weather" car was 997 Turbo Cabrio
///The "facilities rework" car was a 599.  It's good to be the king


I'm surprised he didn't simply have the garage leveled and a helipad put in it's place
 
2013-04-08 02:19:15 PM

enik: Muta: The top three make as much as 4,300 average households.

The top three do more work than 4,300 average households.


They could all be replaced with a drunk homeless man and a well-written shell script.
 
2013-04-08 02:27:55 PM

angrymacface: enik: Muta: The top three make as much as 4,300 average households.

The top three do more work than 4,300 average households.

They could all be replaced with a drunk homeless man and a well-written shell script.


I could easily tell the difference between Larry Ellison and a well-written shell script.

Not too sure if I could tell him apart from a poorly-written shell script, though.
 
2013-04-08 02:34:48 PM

andrewagill: I could easily tell the difference between Larry Ellison and a well-written shell script.

Not too sure if I could tell him apart from a poorly-written shell script, though.


The shell script just makes the decisions. The drunken homeless man is the face of those decisions.
 
2013-04-08 02:44:40 PM

IamSoSmart_S_M_R_T: It's good to be the king


If the garage was scraping the bottom of anyone's car that works there, it should be fixed. This would be like a female CEO replacing the lobby floor because it was scuffing her heels. Completely reasonable, and probably should have been fixed a while ago, but could be spun as a prima donna move.
 
2013-04-08 02:58:55 PM
trialx.com
simpsonswiki.net
 
2013-04-08 03:13:19 PM

Marcus Aurelius: The CEO of HCA gets his bonus by raising rates >10% a year and denying as many claims as possible.


You forgot the "stealing $billions from Medicare" part
 
2013-04-08 03:13:31 PM

mccallcl: IamSoSmart_S_M_R_T: It's good to be the king

If the garage was scraping the bottom of anyone's car that works there, it should be fixed. This would be like a female CEO replacing the lobby floor because it was scuffing her heels. Completely reasonable, and probably should have been fixed a while ago, but could be spun as a prima donna move.


Because reworking a floor to accommodate a luxury supercar's low profile is the same as every other car.
 
2013-04-08 03:18:38 PM
its a whos who list of heads that will be on a pike when the revolution comes.
 
2013-04-08 03:32:41 PM
I can save Oracle 96Million dollars today.  Larry ain't working for the paycheck, so don't pay him.
This and the billionaire stockhandlers, why pay them?  After your first billion, you aren't working for money.  They are addicts and need treatment.  Most sane people if windfalled a truck load of money would quit working.
Tax accordingly I say.
/Saw the CEO of Nike fly out in the Nike Gulfstream today, is that listed on his benies?  That's a $40M bird.
 
2013-04-08 03:33:18 PM
 
2013-04-08 03:43:30 PM
For the amount of money spent, you would think Oracle would hire a guy not intent in driving the business into bankruptcy.
 
2013-04-08 03:44:01 PM
I just wonder how many CEOs are on the 20m to 15m range.  Probably a hundred.
 
2013-04-08 04:05:23 PM

Marcus Aurelius: The CEO of HCA gets his bonus by raising rates >10% a year and denying as many claims as possible. ANY fool can do THAT.


To be fair, that's kind of how the private insurance model "works".
 
2013-04-08 04:09:48 PM

Lost Thought 00: IamSoSmart_S_M_R_T: CSB time.  #8 had building facilities rework the entrance to the underground parking garage so he wouldn't scrape the bottom of his car.  Apparently, they took measurements of the car itself to ensure they reworked the concrete correctly.

/His daily driver was an S8
//The "nicer weather" car was 997 Turbo Cabrio
///The "facilities rework" car was a 599.  It's good to be the king

I'm surprised he didn't simply have the garage leveled and a helipad put in it's place


An underground helipad.  Do want.
 
2013-04-08 04:26:33 PM
I knew an HR manager who had a needlepoint slogan on the wall of her office:

"It's nice to be important, but it's more important to be nice."

She acted more like, "It's important to be nice, but it's nicer to be important."

CEO material?
 
2013-04-08 04:29:09 PM
How'd the black guy get in there? Did they change the club rules?
 
2013-04-08 04:30:05 PM

IamSoSmart_S_M_R_T: CSB time.  #8 had building facilities rework the entrance to the underground parking garage so he wouldn't scrape the bottom of his car.  Apparently, they took measurements of the car itself to ensure they reworked the concrete correctly.

/His daily driver was an S8
//The "nicer weather" car was 997 Turbo Cabrio
///The "facilities rework" car was a 599.  It's good to be the king


i must be poor because i don't know what any of those things are?
 
2013-04-08 04:34:38 PM

dougermouse: I can save Oracle 96Million dollars today.  Larry ain't working for the paycheck, so don't pay him.
This and the billionaire stockhandlers, why pay them?  After your first billion, you aren't working for money.  They are addicts and need treatment.  Most sane people if windfalled a truck load of money would quit working.
Tax accordingly I say.
/Saw the CEO of Nike fly out in the Nike Gulfstream today, is that listed on his benies?  That's a $40M bird.


There wan an engineer for Sun talking about Larry Ellison at LISA either last year or the hear before he went on a rant sorta but one of his funnier lines went, and i'm paraphrasing, "Don't anthropomorphize Larry Ellison, asking why he only cares about money is like asking a lawn mower why it only cuts the grass"
 
2013-04-08 04:34:54 PM
When they first mandated that CEO salaries had to be made public the intention was to press for reductions by shaming them.

Instead, it set off an arms race.

This article will also be helpful.

Trophy Wife #2: "Henry, how come this guy gets 4 times as much as you? How can I hold my head up knowing I'm married to such a loser?"
 
2013-04-08 04:43:38 PM
How does this stack up to professional sports players and movie stars?
 
2013-04-08 04:49:00 PM
Tldr.

Are these just the salaries, or are bonuses included? Stock options? Fringe benefits (car, private jet, free healthcare)?
 
2013-04-08 04:51:54 PM

Hyjamon: Lost Thought 00: IamSoSmart_S_M_R_T: CSB time.  #8 had building facilities rework the entrance to the underground parking garage so he wouldn't scrape the bottom of his car.  Apparently, they took measurements of the car itself to ensure they reworked the concrete correctly.

/His daily driver was an S8
//The "nicer weather" car was 997 Turbo Cabrio
///The "facilities rework" car was a 599.  It's good to be the king

I'm surprised he didn't simply have the garage leveled and a helipad put in it's place

An underground helipad.  Do want.


I'm thinking X-men style. That would be sick.

/css: Used to live in BFE, Arkansas. The backwoods road to the house looked exactly like the road Batman takes in the first movie with Michael Keaton, and especially when you threw the high beams on. It's was easy to imagine you were on your way to your own Batcave. Bonus: driving my dad's Cadillac CTS.
//yep, senior management has good perks, and it's nice when your dad trusts you enough not to total the thing or get pwned by a deer
 
2013-04-08 05:05:57 PM
Littlefinger?

i2.cdn.turner.comwww.theironthrone.it
 
2013-04-08 05:31:22 PM

GoldSpider: I though the Margaret Thatcher thread was today's "two-hours of hate".  Too much of this sort of thing is bound to cause aneurisms.


Regarding that thread... I thought we had it bad over here with Ronnie Rayguntm, Sky Marshal! back in the 80's... but our dislike for old Grecian Formula 76 was but a campfire compared to the raging inferno of hate many Brits had for "Thatcher the Snatcher". They're going to have to either put guards around her grave site 24/7, or build the crypt with plenty of drainage and its own septic system for all the piss that people are going to leave for her.
 
2013-04-08 05:37:50 PM

pute kisses like a man:
i must be poor because i don't know what any of those things are?


S8 ~$110K base

997 Turbo Cabrio ~$142K base

599 ~$300K base
 
2013-04-08 05:38:12 PM
McKesson's CEO was missing from the list

"Hammergren's total compensation in fiscal 2011 (the most recent year available) was $46.1 million"
Source

Forbes listed Hammergren's income at $131 million in 2012.

This is a poorly researched article. How CNN has fallen. Its like a Fox article without the senseless political baiting.
 
2013-04-08 05:48:47 PM

limeyfellow: For the amount of money spent, you would think Oracle would hire a guy not intent in driving the business into bankruptcy.


In what way?  Oracle is one of the few software companies that has actually grown and remained highly profitable.  Unlike say a certain software company in Redmond, Washington.
 
2013-04-08 05:50:48 PM

floor: McKesson's CEO was missing from the list

"Hammergren's total compensation in fiscal 2011 (the most recent year available) was $46.1 million"
Source

Forbes listed Hammergren's income at $131 million in 2012.

This is a poorly researched article. How CNN has fallen. Its like a Fox article without the senseless political baiting.


Forbes and CNN are using different methods to calculate how much the individual makes.  Perhaps actually reading what you link too would help you in the future.
 
2013-04-08 06:32:37 PM

Muta: enik: Muta: The top three make as much as 4,300 average households.

The top three do more work than 4,300 average households

That was my point.  The top three should be making earning more.


So say 8600 people working to ensure 3 people are paid. Feudalism is gone, right?
 
2013-04-08 06:51:43 PM

KittyGlitterSparkles: Muta: enik: Muta: The top three make as much as 4,300 average households.

The top three do more work than 4,300 average households

That was my point.  The top three should be making earning more.

So say 8600 people working to ensure 3 people are paid. Feudalism is gone, right?


Its not fedualism as long as people are willing to pay for the products that the companies produce - and that their workers are under no compulsion to work there.
 
2013-04-08 08:02:44 PM

o5iiawah: Its not fedualism as long as people are willing to pay for the products that the companies produce - and that their workers are under no compulsion to work there.


And no one is under any compulsion to accept CEO pay levels either.
 
2013-04-08 08:08:31 PM

kryhme: I was expecting more exorbitant salaries


If you want higher executive pay you have to look at hedge fund managers who charge management fees that are a percentage of profits and also assets under management. A hedge fund that charges 25% of profits and pockets $500 million in profit, the head of the fund can personally pocket over $100 million. And in the world of hedge funds pocketing $100 million is pretty meh, there are managers who've pocketed many times more than that in a single year.
 
2013-04-08 08:12:36 PM

WhyteRaven74: o5iiawah: Its not fedualism as long as people are willing to pay for the products that the companies produce - and that their workers are under no compulsion to work there.

And no one is under any compulsion to accept CEO pay levels either.


the only people who can accept or reject what a CEO gets paid (so long as the company isn't on the government teat) are the board, who usually have a significant ownership stake in the company and hire the CEO to ensure its proper direction.

The working stiff at the dock doens't have to accept it either - he also cant do dick about it.
 
2013-04-08 09:29:22 PM

IamSoSmart_S_M_R_T: pute kisses like a man:
i must be poor because i don't know what any of those things are?

S8 ~$110K base

997 Turbo Cabrio ~$142K base

599 ~$300K base


Thanks. Now I really feel poor. Just one of those cars could pay off my grad school debt.

And it will probably take me a decade or more.

I knew I should have gone to CEO school. Not stupid law school.
 
2013-04-08 10:02:03 PM

dougermouse: I can save Oracle 96Million dollars today.  Larry ain't working for the paycheck, so don't pay him.
This and the billionaire stockhandlers, why pay them?  After your first billion, you aren't working for money.  They are addicts and need treatment.  Most sane people if windfalled a truck load of money would quit working.
Tax accordingly I say.
/Saw the CEO of Nike fly out in the Nike Gulfstream today, is that listed on his benies?  That's a $40M bird.


I saw it over the weekend.  There are perks having PDK as a neighbor.
 
2013-04-08 11:54:33 PM

BarkingUnicorn: I knew an HR manager who had a needlepoint slogan on the wall of her office:

"It's nice to be important, but it's more important to be nice."

She acted more like, "It's important to be nice, but it's nicer to be important."


CEO material?

Most definitely. I imagine she's insightful enough to know who to suck up ( or on ) to as well....an important skill for those sort of people.

/ not fond of HR-types
// was able to bypass those parasites to get my current job...
 
2013-04-09 04:50:07 AM

pute kisses like a man: I knew I should have gone to CEO school. Not stupid law school.


it's not about what school you went too, or how smart you are.
it'about who you know & who you blow
If you had to take a loan to study, you likely know noone in the buisness, so you never had any real chance to become a CEO.
A lot of CEO's have law degrees, engineering degrees, faked degrees or no degrees at all
 
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