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9. David Cote, CEO of Honeywell International
9. David Cote, CEO of Honeywell International
Total compensation: $28.7 million

2008 salary: $1.8 million
Bonus: $17.5 million
Perks: $422,666
Stock grants: $0
Stock options: $9 million

The Dow Jones industrial index booted Honeywell out last year in favor of larger companies, but Honeywell is having the last laugh: One of the companies that replaced it is floundering financial giant Bank of America.

Honeywell's 2008 sales rose 6% to $36.6 billion, a result that helped Cote collect a $17.5 million bonus.

NEXT: 10. A.G. Lafley, CEO of Procter & Gamble

Last updated April 06 2009: 1:16 PM ET
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