Former Chairman of the Board, CEO, and President*Apollo Group (APOL)
2006 Total compensation: $41.3 million*
*Nelson left the company in January 2006. 2006 total compensation includes $32,085,881 in severance pay.
18. Todd S. Nelson
Source: Equilar Inc.
Note: Total compensation includes annualized base salary, discretionary and performance-based annual bonuses, the grant date present value of new stock and option awards, the target value of long-term incentive awards payable in cash, and other compensation. Where relevant, other compensation includes severance payments. Equilar, an executive compensation research firm in Redwood Shores, Calif., prepared the chart by looking at companies with more than $1 billion in revenues that filed proxies by Sept. 1.