By msnbc.com staff
A slew of?corporate captains have joined?one of the most exclusive?clubs in corporate America: Call them the?$50 million men.
A combination of bonuses, retention packages and?other perks pushed several?CEOs above the $50 million mark for compensation in 2011, according to an analysis?of Securities and Exchange filings published by USA Today Tuesday.
The newspaper said that among those CEOs?in the club are:
- Disney Corp CEO Robert Iger, with compensation valued at more than $52 million
- Apple's Tim Cook, who got $378 million, which includes $376 million in restricted stock he got after replacing Steve Jobs
- Tyco International's Ed Breen - $68.9 million
- J.C. Penney's Ron Johnson -?$51.5 million
- Qualcomm CEO Paul Jacobs - $50.6 million
The salaries?may irk many in the U.S. who are already angry about rising corporate compensation while the unemployment rate remains stuck above 8 percent and wages for most workers are stagnant.
University of Toronto business school dean Roger Martin, author of "Fixing the Game: Bubbles, Crashes, and What Capitalism Can Learn from the NFL," told USA Today:?"Corporate boards are tone deaf to the times, as are CEOs who justify this much compensation."
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Source: http://bottomline.msnbc.msn.com/_news/2012/01/24/10224179-lots-of-50-million-dollar-men-in-2011
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