Who are tech's 50 highest paid CEOs?

Oracle’s Larry Ellison was finally ousted from the top spot on the list of highest paid tech execs

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28. Shantanu Narayen, Adobe CEO and president
Compensation: $10.8 million
Adobe grew revenue and net income by 11 percent and 7 percent, respectively, in 2011, but Narayen's compensation took an 11 percent hit. His $10.8 million pay package included his $896,434 salary, $1.2 million bonus, equity awards valued at $8.7 million, and $30,373 in perks and other compensation. Adobe's revenue climbed to $4.2 billion in 2011 from $3.8 billion in 2010, and net income increased to $833 million from $775 million.

27. Bill Nuti, NCR CEO, president and chairman
Compensation: $11.7 million
Nuti's $11.7 million pay package -- which is down 4 percent compared to his 2010 compensation -- included a $1 million salary, $4.3 million bonus, equity awards valued at $6.3 million, and $129,189 worth of perks and other compensation. NCR's revenue hit $5.4 billion, which is up 13 percent compared to $4.8 billion in 2010. Net income, however, plunged to $52 million, a 62 percent decline compared to $137 million in 2010.

26. Francisco D'Souza, Cognizant CEO and president
Compensation: $11.8 million
D'Souza's compensation climbed 5 percent in 2011, but Cognizant made much bigger gains in revenue and income during the same time period. His $11.8 million pay package included a $566,500 salary, $908,248 bonus, equity awards valued at $10.3 million, and $1,500 in perks. The company reported $6.1 billion in revenue, a gain of 33 percent compared to $4.6 billion in 2010. Net income hit $884 million in 2011, up 20 percent from $734 million a year earlier.

25. Paul Sagan, Akamai CEO and president
Compensation: $11.9 million
Sagan just about doubled his pay package last year, netting $11.9 million in 2011 compared to $6 million in 2010. His compensation included a $756,843 salary, $119,988 bonus, and equity awards valued at $11 million. As a company, Akamai grew revenue by 13 percent in 2011 (from $1 billion to $1.2 billion), while net income climbed 18 percent (from $171 million to $201 million).

24. Dan Hesse, Sprint Nextel CEO and president
Compensation: $11.9 million
Hesse received a 31 percent pay boost in 2011, a year that saw Sprint Nextel grow revenue by 3 percent and narrow its net loss. His $11.9 million pay package included a $1.2 million salary, $5.7 million bonus, equity awards valued at $4.9 million, and $94,289 in perks and other compensation. During 2011, Sprint Nextel reported revenue of $33.7 billion compared to $32.6 billion in 2010. The company reported a net loss of $2.9 billion compared to a net loss of $3.5 billion in 2010.

23. Michael Laphen, former CSC CEO, president and chairman
Compensation: $12.5 million
Laphen's compensation took a 19 percent hit in the company's 2011 fiscal year, during which time CSC's revenue inched up 1 percent to $16 billion and net income fell 9 percent to $759 million compared to a year earlier. Laphen's $12.5 million pay package included a $1.1 million salary, $1.3 million bonus, equity awards valued at $7.3 million, and perks and other compensation worth $2.8 million. CSC's 2011 fiscal year ended in April, well before Laphen announced his retirement in October. He's succeeded by Mike Lawrie, who began his post as CSC's president and CEO on March 19, 2012.

22. Bob Beauchamp, BMC CEO and president
Compensation: $12.7 million
Beauchamp's $12.7 million compensation package included a $950,000 salary, $2.9 million bonus, equity awards valued at $8.8 million, and $18,814 in perks. Last year BMC reported $2.1 billion in revenue, a gain of 8 percent compared to $1.9 billion in its 2010 fiscal year. Net income hit $456 million, a gain of 12 percent compared to $406 million a year earlier.

21. John Chambers, Cisco CEO and chairman
Compensation: $12.9 million
Chambers received compensation valued at $12.9 million in Cisco's 2011 fiscal year, a period when the company restructured operations, shuttered its Flip videocam business and eliminated more than 12,000 jobs. His total pay package --which is down 32 percent compared to 2010, when he received $18.9 million -- included a $375,000 salary and equity awards valued at $12.5 million (half of which was forfeited). As a company, Cisco grew sales but saw net income drop in its 2011 fiscal year. Revenue hit $43.2 billion, a gain of 8 percent compared to $40 billion in 2010. Net income totaled $6.5 billion, which is down 16 percent from $7.8 billion in the prior year.

20. Ursula Burns, Xerox CEO and chairman
Compensation: $12.9 million
Xerox's net income more than doubled in 2011, yet Burns' compensation took a 2 percent dip. Her $12.9 million pay package included a $1.1 million salary; $990,000 bonus; equity awards valued at $7.5 million; $3.2 million attributed to change in pension value and nonqualified deferred compensation earnings; and perks and other compensation valued at $123,537. As for Xerox, the company's revenue increased 5 percent to $22.6 billion, up from $21.6 billion in 2010. Net income doubled to $1.3 billion, up from $637 million in the prior year.

19. Joe Tucci, EMC CEO, president and chairman
Compensation: $13.2 million
Tucci's compensation climbed 6 percent in 2011, but EMC made bigger gains in revenue and income during the same time period. His $13.2 million pay package included a $1 million salary, $2.1 million bonus, equity awards valued at $10 million, and $131,523 in perks and other compensation. EMC achieved 18 percent revenue growth (from $17 billion in 2010 to $20 billion in 2011) and a 32 percent jump in net income (from $2 billion in 2010 to $2.6 billion in 2011).

18. Rich Templeton, Texas Instruments CEO, president and chairman
Compensation: $14.1 million
Revenue and income declined last year at Texas Instruments, but Templeton received a 15 percent pay boost. His $14.1 million pay package included a $990,087 salary, $2.8 million bonus, equity awards valued at $9.9 million, and $403,987 worth of perks and other compensation. Texas Instruments' 2011 revenue fell 2 percent to $13.7 million from $14 billion in the year prior. Net income fell by an even greater percentage, declining 31 percent to $2.2 billion from $3.2 billion in 2010.

17. Rory Read, AMD CEO and president
Compensation: $15.6 million
Read, who was named AMD CEO in August 2011, netted a $15.6 million pay package in his first five months at the helm. His compensation included $353,847 in salary payments, a $1.5 million bonus, equity awards valued at $13.7 million, and $25,823 in perks. In 2011, AMD reported $6.6 billion in revenue, up 1 percent from $6.5 billion in 2010. Net income hit $491 million, up 4 percent from $471 million a year earlier.

16. Scott McGregor, Broadcom CEO and president
Compensation: $16.1 million
Broadcom's net income fell by 14 percent in 2011, yet McGregor saw his compensation grow by 78 percent thanks to a significant increase in equity awards. His $16.1 million pay package included an $858,077 salary, $1.8 million bonus, stock awards valued at $13.4 million, and $5,146 in perks. Broadcom's revenue increased by 8 percent, climbing to $7.4 billion in 2011 from $6.8 billion in 2010. Net income fell 14 percent to $927 million, compared to $1.1 billion in the prior year.

15. Glenn Britt, Time Warner Cable CEO and chairman Time Warner
Compensation: $16.4 million
Cable's CEO since 2001, Britt received a $16.4 million pay package in 2011, including a $13 million salary, $7.2 million bonus, equity awards valued at $7.4 million, and perks and other compensation worth $551,366. His compensation declined by 6 percent in 2011, a year that saw the company's revenue increase 4 percent to $19.7 billion (compared to $18.9 billion in 2010). Net income grew by an even greater percentage, climbing 27 percent to $1.7 billion (compared to $1.3 billion in the prior year).

14. Meg Whitman, HP CEO and president
Compensation: $16.5 million
In her first six weeks at the helm of HP, Whitman netted a $16.5 million pay package, including her $1 salary, option awards valued at $16.1 million, and perks and other compensation worth $372,598. Whitman's predecessor, Leo Apotheker, lasted just 11 months as HP's CEO but departed with a pay package worth nearly double ($30.4 million) the value of Whitman's compensation. Whitman was named HP's CEO in September of last year, just weeks before the close of the company's 2011 fiscal year on Oct. 31.

13. Paul Otellini, Intel CEO and president
Compensation: $17.5 million
Otellini's $17.5 million pay package grew 12 percent in 2011, a period when the company grew revenue and net income by 24 percent and 13 percent, respectively. His compensation included a $1.1 million salary, $6.5 million bonus, equity awards valued at $9.1 million, and $794,500 in perks and other compensation. Intel, meanwhile, reported $54 billion in revenue, up from $43.6 billion in 2010. Net income climbed to $12.9 billion, up from $11.5 billion in the prior year.

12. Marc Benioff, Salesforce.com CEO and chairman
Compensation: $20.8 million
Last year was a good one for Benioff, whose $20.8 million pay package -- which is more than double his $9.1 million compensation in 2010 -- included a $900,000 salary, $900,000 bonus, and equity awards valued at $19 million. During the same time period, Salesforce.com's revenue increased 27 percent to $1.7 billion, compared to $1.3 billion in 2010. Net income, however, took a fall, declining 21 percent to $64 million in 2011 compared to $81 million in 2010.

11. Paul Jacobs, Qualcomm CEO and chairman
Compensation: $21.7 million
Qualcomm upped its revenue by 36 percent (from $11 billion to $15 billion) and increased net income by 31 percent (from $3.2 billion to $4.2 billion) in 2011. During the same time period, Jacobs' compensation increased by 23 percent to $21.7 million. His pay included a $1.2 million salary, $5.5 million bonus, equity awards valued at $14.3 million, and $742,288 in perks and other compensation.

10. Randall Stephenson, AT&T CEO, president and chairman
Compensation: $22 million
AT&T grew revenue by 2 percent in 2011 (from $124.3 billion in 2010 to $126.7 billion), while net income plunged by 79 percent (from $20.2 billion to $4.2 billion). In the same year, Stephenson's total compensation fell 19 percent to $22 million. His pay package included a $1.6 million; $3.8 million bonus; equity awards valued at $12.8 million; $3.3 million attributed to change in pension value and nonqualified deferred compensation earnings; and $555,353 in perks and other compensation.

9. Lowell McAdam, Verizon CEO and chairman
Compensation: $23.1 million
Last year saw a giant jump in compensation for McAdam, who served as Verizon's president and COO before being named CEO on Aug. 1, 2011. His $23.1 million pay package included a $1.4 million salary, $2.4 million bonus, equity awards valued at $18.8 million, and $607,900 in perks and other compensation. Meanwhile, Verizon's 2011 revenue hit $110.9 billion, up 4 percent from $106.6 billion in 2010. Net income was essentially flat, coming in at $10.2 billion.

8. Ivan Seidenberg, former Verizon CEO and chairman
Compensation: $26.5 million
In his final year as CEO of Verizon, Seidenberg received compensation worth $26.5 million, including a $2.1 million salary, $3.5 million bonus, equity awards valued at $19.5 million, and $1.3 million in perks and other compensation. Seidenberg stepped down as CEO last August and retired at the end of 2011, when he resigned from his chairman position.

7. Brian Roberts, Comcast CEO, president and chairman
Compensation: $26.9 million
Roberts saw his compensation fall 13 percent in 2011, yet he still netted $26.9 million. His pay package included a $2.8 million salary; $5.5 million bonus; equity awards valued at $11.6 million; $3.7 million attributed to change in pension value and nonqualified deferred compensation earnings; and $3.4 million in perks and other compensation. At the company, revenue increased 47 percent to $55.8 billion (up from $38 billion in 2010), and net income climbed 41 percent to $5.2 billion (up from $3.7 billion in the prior year).

6. Greg Brown, Motorola Solutions CEO and chairman
Compensation: $29.3 million
Compensation more than doubled last year for Brown, who leads Motorola Solutions. His $29.3 million pay package included a $1.2 million salary, $4.1 million bonus, equity awards valued at $23.8 million, and $259,132 in perks and other compensation. At the company, revenue climbed 8 percent to $8.2 billion, compared to $7.6 billion in 2010. Net income hit $1.2 billion, a gain of 77 percent compared to $650 million in the prior year.

5. Leo Apotheker, former HP CEO and president
Compensation: $30.4 million
During a single fiscal year, Apotheker netted both a $4 million signing bonus and a $2.4 million going-away bonus (paid as part of his separation agreement). His $30.4 million pay package also included a $1.2 million salary, stock awards valued at $17.7 million, and perks and other compensation worth $5.2 million. Apotheker joined HP on Nov. 1, 2010, at the start of the company's 2011 fiscal year. He held the job for just 11 months before his ouster. The company's performance in fiscal 2011 was unimpressive: Revenue climbed 1 percent from $126 billion in 2010 to $127.2 billion in 2011, while net earnings fell 19 percent from $8.8 billion to $7.1 billion during the same time period.

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