5. James Hackett: $23.5 million
Company: Anadarko Petroleum
Cash compensation: $6.1 million
Stock and options: $17.4 million
Hackett's pay rose 6% in 2009 as his company's shares soared 54%. That's despite Anadarko's revenues and earnings tumbling last year as demand for oil slumped. But that was true for almost all oil companies. Investors instead focused on the good news coming from the company over the year, including successful the location of new sources of oil. The company made a potentially enormous discovery in the Gulf of Mexico in July and a large find in September off the coast of Sierra Leone.
The company also won an important court battle in October, which let Anadarko keep $350 million in royalties from off-shore drilling that the Obama administration said should be paid to the government.
Source: Equilar Inc.
NEXT: A.G. Lafley: $23.5 million
Last updated April 06 2010: 4:17 PM ET
Note: Total compensation includes actual salary received, 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, an executive compensation research firm, looked at 200 CEOs at the 199 largest companies (Motorola has co-CEOs) that filed their 2009 proxies as of March 26, 2010. All companies have revenue greater than $5.7 Billion. The list includes companies with fiscal year-ends spanning from May 31, 2009 to January 31, 2010.
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