from: Lasar's Letter [1]
The top paid telecom executives of 2006
The Security and Exchange Commission now has a handy-dandy new database [2] that tells you who in the corporate world is making what these days.
These are, of course, the firms that voluntarily disclosed this data. LLFCC couldn't resist downloading the numbers and coming up with this table. Enjoy!
| CEO | 2006 compensation (that includes salary, pension, bonuses, options, the works) | Corporation revenue (in millions) |
| Alltell Corp: Scott Ford | $14,115,770 | 7,884 |
| AT&T: Edward E. Whitacre, Jr., | $60,726,924 | 63,055 |
| CBS: Leslie Moonves | $28,637,111 | 14,320 |
| Clear Channel: Mark Mays | $9,311,996 | 7,067 |
| Comcast: Brian L. Roberts | $26,001,696 | 24,900 |
| DIRECTV: Chase Carey | $12,470,904 | 14,756 |
| Embarq: Michael B. Fuller | $12,410,644 | 6,363 |
| Qwest: Richard C. Notebaert | $16,490,487 | 13,923 |
| Sirius Satellite Radio: Mel Karmazin | $31,217,249 | 637 |
| Sprint: Timothy M. Donahue | $36,208,669 | 41,028 |
| Verizon: Ivan G. Seidenberg | $21,260,700 | 88,100 |
| Viacom: Thomas E. Freston | $89,302,968 | 11,466 |
LLFCC isn't going to shed too many tears for the bottom earner on this list, Clear Channel's Mark Mays. But one can't help but note that his media empire generated many times more revenue than Sirius Satellite Radio, yet he's pulling in less than a third of the latter's CEO Mel Karmazin.
Just goes to show that life is not fair; that is, if you actually think that making over nine million bucks a year is not fair (to the person making the money).
BTW: That Thomas E. Freston figure ($89 million) is something, no? Really something when you consider the fact that Exxon CEO R.W. Tillerson got a little over 13 million in compensation last year—that for a company that earned 364 billion dollars in revenue, about 31 times what Viacom took in. Go figure.