Ronald Johnson: $29.8 million
Ronald Johnson: $29.8 million
Company: Apple
Cash compensation: $1.4 million
Stock and options: $28.4 million

To show just how valuable the Apple stores have been to the company, Apple made the stores' mastermind its third-highest-paid executive.

Johnson, who departed Apple to take over as J.C. Penney's CEO at the beginning of this month, made $700,000 in salary and took home a $700,000 bonus to match.

Source: Equilar Inc.
Note: Total compensation includes annualized base salary, discretionary and performance-based bonus payouts, the grant-date fair value of new stock and option awards and other compensation. If relevant, other compensation includes severance payments. Equilar Inc., an executive compensation research firm in Redwood Shores, Calif., prepared the data by looking at companies with more than $1 billion in revenues that filed proxies by Sept. 30, 2011.
Last updated November 10 2011: 6:44 AM ET
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