We’re not sure what the point is of compiling this list, except to convince us that we’re worth at least every cent we make.
The list was put together by Forbes magazine, and matches the executive’s salary with company performance (or, rather, nonperformance):
- Kenneth D. Lewis, CEO of Bank of America
Tenure as chief: Eight years
Average annual company performance during that period: Lost 8%
Average annual salary during that period: $29.7 million - Jeffrey R. Immelt, CEO of General Electric
Tenure as chief: Eight years
Average annual company performance during that period: Lost 12%
Average annual salary during that period: $14.4 million - Ramani Ayer, CEO of Hartford Financial Services
Tenure as chief: 12 years
Average annual company performance during that period: Lost 8%
Average annual salary during that period: $13.5 million - James R. Tobin, CEO of Boston Scientific
Tenure as chief: 10 years
Average annual company performance during that period: Lost 7%
Average annual salary during that period: $8.5 million - Robert E. Rossiter, CEO of Lear Corp.
Tenure as chief: Nine years
Average annual company performance during that period: Lost 29%
Average annual salary during that period: $5.5 million