4 of 10
BACKNEXT
4. Kenneth Chenault, CEO of American Express
Total compensation: $42.8 million

2008 salary: $1.3 million
Bonus: $6.1 million
Perks: $1.2 million
Stock grants: $9.5 million
Stock options: $24.7 million

American Express had a huge growth run in the mid-'90s, but managing through the downturn will be a daunting challenge. Spending by Amex cardholders dropped 10% in the last quarter of 2008, and Amex's earnings took a deep dive. Not long after Lehman Brothers failed, Amex announced plans to slash its workforce by 10% and it converted to a bank holding company, allowing it access to billions in government bailout funds.

NEXT: 5. Vikram Pandit, CEO of Citigroup

Last updated April 06 2009: 1:16 PM ET
More Galleries
What being middle class means to me For some Americans, middle class means feeling secure. For others, it's just the opposite. More
The 10 most valuable global brands Apple has the most valuable brand in the world, up 67% over the last year, according to a BrandZ ranking. More
A life's work: Photos by Mary Ellen Mark The subjects of Mary Ellen Mark's photography ranged from celebrities to world leaders to those at the fringe of society, including prostitutes and the homeless. More

Special Offer