15 execs who make more than their CEOs

Sure, corporate chiefs' pay often is eye-poppingly high. But at some companies, executives lower down the ladder quietly out-earned their CEO bosses.

Fred Gehring, $19.6 million

fred gehring
  • Title: Formerly CEO, Tommy Hilfiger and PVH International Operations*
  • Company: PVH
  • CEO: Emanuel Chirico
  • Pay difference: $1.7 million

It's an understatement to say Gehring looks like a million bucks... try almost $20 million.

The fashion industry veteran was promoted to the ranks of executive chairman of the clothing company earlier this summer and is now in charge of the overall strategy for Tommy Hilfiger.

Gehring's $1.2 million salary is nearly $105,000 less than Chirico's, but Gehring made nearly $8.2 million in cash incentive-plan payouts, handily beating the $2.5 million Chirico earned. --K.V.

Source: Equilar
*Gehring transitioned to Executive Chairman, Tommy Hilfiger and Vice Chairman, PVH Corp. in July 2014.
Pay data based on company's fiscal year end of January 2014.

  @CNNMoney - Last updated December 18 2014 09:12 AM ET

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