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Top-paid CEOs of 2006: Where are they now?



By VINNEE TONG, AP
16 June 2008 @ 06:41 am EST

Of the 10 best-paid CEOs at Standard & Poor's 500 companies in 2006, six made less money last year. Three have since left their posts. Here's a rundown of how they fared. CEOs are listed with the companies they headed in 2006.

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ORCL 17.68 -1.8
XTO 36.75 -4.63
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SYMBOL LOOKUP

1. Terry Semel, Yahoo Inc.

_ 2006 pay: $71.1 million.

_ Status: Left company June 2007, now CEO of Windsor Media investment firm.

Semel relinquished his post at Yahoo six days after he was asked at the company's annual meeting whether he had enough "fire in his belly" to do the job. Semel went back to the investment firm he had started before joining Yahoo.

2. Larry Ellison, Oracle Corp.

_ 2006 pay: $61.2 million.

_ Status: Still CEO.

The database software magnate's pay package included $50 million in stock and options, a $8.4 million cash performance bonus and $1.7 million worth of personal security. That was for the Oracle fiscal year that ended in May 2007, putting him on AP's 2006 list. Oracle hasn't yet reported his pay for its latest fiscal year.

3. Bob Simpson, XTO Energy Inc.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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