9 of 10
BACKNEXT
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
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