Highest-Paid CEOs for 2008 [AP]
"...and company estimates for the value of stock options and stock awards on the day they were granted last year."
Posted by Bess Levin, May 01, 2009, 1:21pm
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Posted by guest , May 01, 2009 1:27PM
by the time Obama is done with America they will be calling it France...or Fatter France
Posted by Anal_yst , May 01, 2009 1:27PM
Heaven forbid anyone at the times (or AP) compute the value of the options now, for comparisons sake...
Posted by guest , May 01, 2009 1:31PM
WTF?! Jamie Dimon should be at the top. Chesapeake Energy and Motorola (moreso) have been complete shit for the past year. Motorola shouldn't even have money for an incentive award. Must suck to be a shareholder for companies like that.
Posted by guest , May 01, 2009 1:33PM
Sanjay really did a bang-up job at Motorola
Posted by guest , May 01, 2009 1:33PM
@3- hello? can you read the headline? obviously these numbers are a bit off from what they're at now.
Posted by guest , May 01, 2009 1:35PM
Anal,
Nothing is preventing you from doing that yourself.
Posted by guest , May 01, 2009 1:39PM
solid gold.
http://gawker.com/5235998/cnbc-the-movie
CNBC the movie
Posted by guest , May 01, 2009 1:41PM
@7- solid gold for people who dont watch cnbc/read dealbreaker every day and know all of that already.
Posted by guest , May 01, 2009 1:42PM
IMHO Camilleri is the only one that has earned his keep
Posted by guest , May 01, 2009 2:01PM
@4 Sanjay, is that you? Wouldn't expect any less from a turd like you ...
Posted by guest , May 01, 2009 2:02PM
Here you go Anal_yst-my bill is in the mail
Aubrey :25,000 shares avg strike:$10.08 value:$6M
Sanjay 16.6M shares avg strike $9.82($71M)
Robert 5M shares as:$27.53 v:~($10M)
Lloyd 750K as:$178.55 v:~($23M)
Ken 6.8M as $48.90 v:~($131M)
Vikrim 3M as:$30,50 v:~($81M)
Steven 319K as: 58.64 v:~$12M
Louis- ? I'm not seeing any
Kevin 1.9M as: $22.83 v:$12.4M
Jamie 8.7M as:32.1 v:$18.8M
disclaimers-options awarded all types-values approx based on yesterdays closed
questions-dont care-too busy
Posted by AJ , May 01, 2009 2:04PM
I love that Aubrey got a shit-ton of options/awards to help make up for the fact that he had to sell like $1 billion worth in a margin call. What a d-bag
Posted by guest , May 01, 2009 2:09PM
aubrey's had them since 03-nothing new awarded
Posted by guest , May 01, 2009 2:11PM
Chenault needs to be punched in the face
Iger needs to be kicked in the sack
-that is all
Posted by guest , May 01, 2009 2:17PM
Obviously Sanjay was the smartest guy in the room.
Posted by Anal_yst , May 01, 2009 2:20PM
@11
Appreciate it, but my point was more the clearly-biased reporting by the AP and the NYT in not posting "awarded" value vs. current value.
I'd boil it down to a lack of journalistic integrity, but I'm not entirely honest the editorial staff even understands why presenting only the initial award value doesn't present an accurate measure...
Posted by guest , May 01, 2009 2:23PM
Sanjay. Call me.
-Indra ("america is the middle finger") Nooyi
Posted by AJ , May 01, 2009 2:30PM
@13 WTF are you talking about? They redid McClendon's contract in December 2008 and it included a one-time cash bonus of $75 million and at least $30 million or so of stock plus some other ridiculous stuff.
Posted by guest , May 01, 2009 2:33PM
No worries Anal_yst. If they knew what they were doing and stated todays values it would probably be wrong. I would have looked at a few and pointed it out anyway. these filings area bitch. BTW does the AP still send a $5 check to stringers haha
Posted by guest , May 01, 2009 2:43PM
18-I just looked at options, not direct holdings-that was the question.
Posted by AJ , May 01, 2009 2:57PM
yeah bess cut off the full sentence:
"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."
so those numbers aren't just options
Posted by guest , May 01, 2009 3:01PM
@aj-- perhaps the sentence was cut off b/c the key point was this shit is being calculated from its value "LAST YEAR"?
Posted by guest , May 01, 2009 3:05PM
@21 you sound just like my accountant of a girlfriend. Too much analysis and not enough "putting out"
Posted by AJ , May 01, 2009 3:09PM
@24 For a lot of them (particularly Jha), the values will be misleading since most of his comp was stock and the value of the stock has plummeted since the grant date. However, for someone like Aubrey who was paid mostly in cash, that $100 million+ number is not overstating what he was paid, particularly since his contract was done at year end and the stock is actually up since then.
Posted by AJ , May 01, 2009 3:11PM
@24 For a lot of them (particularly Jha), the values will be misleading since most of his comp was stock and the value of the stock has plummeted since the grant date. However, for someone like Aubrey who was paid mostly in cash, that $100 million+ number is not overstating what he was paid, particularly since his contract was done at year end and the stock is actually up since then.
Also just looking at options isn't too useful since a lot of them (Philip Morris) received stock grants.
Posted by AJ , May 01, 2009 3:12PM
f me and my double-posting, i'm quitting after that
Posted by guest , May 01, 2009 11:33PM
@5: What the hell does that have to do with anything?! Who cares what they'll be in the future, when your company is being run like shit, you don't award the CEO a $100+ MM option contract. Are you on the Citi board, by chance?
Posted by guest , May 02, 2009 10:11PM
Chenault is a piece of shit, whom I wouldn't hire to carry the shit from my ass to the water in the toilet bowl.
Correct salary for numbers 1-10 = number/10
-Iceman