Sure, corporate chiefs' pay often is eye-poppingly high. But at some companies, executives lower down the ladder quietly out-earned their CEO bosses.
A series of shakeups has made Matthew Zames one of the odds-on favorites to replace Jamie Dimon when he eventually steps down as CEO of JPMorgan Chase.
Zames has enjoyed a meteoric rise through the banking giant. He was in charge of JPMorgan's mortgage banking capital markets division as recently as 2012, but today Zames is chief operating officer of the entire company. That makes him one of the highest-ranking execs behind Dimon, who recently completed successful treatment for curable throat cancer.
JPMorgan Chase's powerful boss took home about $11.8 million last year, but Zames easily outearned him. --M.E.