Some $100 million club members have Houston connections
Updated On: Apr 04 2014 06:49:41 PM CDT
The $100 million club has some new members and some familiar names.
According to calculations by USA Today, the large amount many big CEOs make is even bigger this year.
According to the S&P 500, the compensation isn't just their salary but a combination of their base salary, bonuses, other and stock and option awards. Anyway you slice it, it's a lot.
The head of private equity firm, Apollo Global, Leon Black received $546 million.
Viacom's Philippe Dauman took the top spot with $148 million total compensation realized this year.
Starbucks' CEO was in the mix too -- Howard Schultz with a total of $163 million from exercising stock options.
No surprise, Houston companies were well-represented.
Chemical company LyondellBasell Industries NV based here in Houston has a well paid CEO -- James Gallogly was at $106 million this year.
Marathon Petroleum's headquarters are here in Houston and their top brass, President and CEO Gary Heminger, is at $12.7 million.
Houston-based oil and gas company Schlumberger employs over 120,000 people worldwide. Its CEO Paal Kibsgaard was at $22 million.
Coming in at the bottom was Warren Buffett with $485,606 and John Mackey, chairman of Whole Foods, who cut his own pay to only $1 back in 2006, just out of passion, he says.
If you're wondering how Buffet and Mackey pay their bills, their numbers don't include stock payouts.