Coach President Reed Krakoff
Title: President, Executive Creative Director
CEO: Lew Frankfort, $13.7 million
Pay difference: $7.1 million
Krakoff is not your traditional executive -- he's a creative talent who has risen through the ranks of the fashion world to his perch atop one of the industry's most respected labels. Coach launched a dedicated "Reed Krakoff" store brand in 2010, and Michelle Obama was reportedly spotted last year sporting one of his handsome new bags.
For all this, Krakoff is paid handsomely, pulling in nearly $21 million compared with the $14 million earned by Lew Frankfort, his business-focused boss.
--J.O.Source:
Equilar, Inc.NEXT: Edward A. Labry III, $20.7 million