The Recession

Associated Press Names 10 Highest Paid CEOs of 2008

| by DeepDiveAdmin

Not everybody has been hurting during the recession, The Associated Press released a list that outlines the 10 highest-paid CEOs at Standard & Poor's 500 companies. According to the AP, "the total pay figures are
rounded and are based on the AP's compensation formula, which adds up
salary, perks, bonuses, preferential interest rates on pay set aside
for later, and company estimates for the value of stock options and
stock awards on the day they were granted last year."

The Top 10:

1. Aubrey McClendon, Chesapeake Energy Corp., $112.5 million

2. Sanjay Jha, Motorola Inc., $104.4 million

3. Robert Iger, Walt Disney Co., $51.1 million

4. Lloyd Blankfein, Goldman Sachs Group Inc., $42.9 million

5. Kenneth Chenault, American Express Co., $42.9 million

6. Vikram Pandit, Citigroup Inc., $38.2 million

7. Steven Farris, Apache Corp., $37.2 million

8. Louis Camilleri, Philip Morris International Inc., $36.9 million

9. Kevin Johnson, Juniper Networks Inc., $36.1 million

10. Jamie Dimon, JPMorgan Chase & Co., $35.7 million