Executive compensation is a hot-button issue, particularly in the wake of the 2008 financial crisis and reforms enacted under the Dodd-Frank Act (external - login to view) .
Increasingly, shareholders are asking whether CEOs are worth many millions of dollars in annual compensation. Using a new rule called “ Say on Pay (external - login to view) ,” shareholders now get a nonbinding vote for or against an executive’s compensation.
As a result, at least one well-known CEO was driven from his perch this year: In April, Citigroup (external - login to view) shareholders voted against Vikram Pandit’s pay package (external - login to view) . By October, Pandit was out.
CNBC.com sifted through data from the S&P 500 to find the 21 CEOs with the largest average compensation packages over the last four years, from 2007 to 2011. (Figures for 2012 are incomplete.)
See the slideshow (yeah, I know) here:
Highest Paid CEOs - CNBC (external - login to view)