2. Ray R. Irani, $44.7 million
Ray R. Irani, $44.7 million
Company: Occidental Petroleum (OXY)
2010 pay: $76.1 million
Cash compensation: $35.9 million (up $29.2M)
Stock and options: $40.3 million (up $15.5M)
Total pay raise (1 year): 142.4%


Source: Equilar, Inc.



Mr. Irani left the CEO position on May 6, 2011.

Methodology: Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like earnings on deferred compensation, benefits and perks. Equilar, an executive compensation research firm, looked at CEOs at 500 of the largest public U.S. companies as measured by revenue. Pay data based on companies' fiscal year end of Dec. 2010 unless otherwise noted. Cash compensation and stock and options increases may not add up exactly to total compensation increases due to rounding.

Last updated November 01 2011: 7:13 AM ET
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