The Top 10 Highest Paid CEOs Are...

[formercia]

The Top 10 Highest Paid CEOs Are...
by David Goldman
Friday, August 14, 2009provided byCNNMoney.com

Ten CEOs take home more than $70 million in 2008, with Blackstone's Stephen Schwarzman topping the list with more than $700 million in compensation.

Last year was a bad one for most chief executives — but not for the top 10 highest paid CEOs.

Seven chief executives took home more than $100 million in 2008, and three others had paydays that topped $70 million, according to a report released Friday by The Corporate Library.

According to the report, Blackstone's Stephen Schwarzman was the highest paid CEO in 2008, taking home $702,440,573 in salary and stock options. The head of the financial services giant vested nearly $700 million worth, or 25% of the stock options he was granted after taking Blackstone public in 2007.

Schwarzman will receive the other 75% of his $4.7 billion equity grant from the IPO in equal installments over the next four years, so he will likely remain at the top of this list for at least the next several years.

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http://finance.yahoo.com/career-work/article/107529/the-top-10-highest-paid-ceos-are.html?mod=career-salary_negotiation