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Some chief executive officers in the United States are overpaid, while some are underpaid.
Here we take a look at most overpaid and underpaid CEOs, according to Business Insider.
NOTE: Excess pay is calculated as deserved pay less actual pay. Deserved pay is measured considering earnings growth and shareholder return and the compensation practices of peer group companies.
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Ray Irani
Company: Occidental Petroleum
Actual pay minus deserved pay: $324.6 million (2008-10)
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Stephen Hemsley
Company: UnitedHealth Group
Actual pay minus deserved pay: $122 million (2008-10)
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John Martin
Company: Gilead Sciences
Actual pay minus deserved pay: $83 million (2008-10)
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Mark Hurd
Company: Hewlett-Packard
Actual pay minus deserved pay: $78 million (2008-10)
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Richard Adkerson
Company: Freeport McMoRan
Actual pay minus deserved pay: $77 million (2008-10)
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Thomas Ryan
Company: CVS Caremark
Actual pay minus deserved pay: $77 million (2008-10)
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Andrew Gould
Company: Schlumberger
Actual pay minus deserved pay: $76 million (2008-10)
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Ivan Seidenberg
Company: Verizon
Actual pay minus deserved pay: $60 million (2008-10)
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Hugh Grant
Company: Monsanto
Actual pay minus deserved pay: $59 million (2008-10)
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Bob Iger
Company: Walt Disney
Actual pay minus deserved pay: $59 million (2008-10)
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Eric Schmidt
Company: Google
Actual pay minus deserved pay: $39 million (2008-10)
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Scott Davis
Company: UPS
Actual pay minus deserved pay: $38 million (2008-10)
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Warren Buffett
Company: Berkshire Hathaway
Actual pay minus deserved pay: $36 million (2008-10)
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Daniel Fulton
Company: Weyerhaeuser
Actual pay minus deserved pay: $35 million (2008-10)
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Joseph Saunders
Company: Visa
Actual pay minus deserved pay: $35 million (2008-10)
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Steve Ballmer
Company: Microsoft
Actual pay minus deserved pay: $34 million (2008-10)
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Vikram Pandit
Company: Citigroup
Actual pay minus deserved pay: $33 million (2008-10)
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Frank Blake
Company: Home Depot
Actual pay minus deserved pay: $34 million (2008-10)
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Charles Moorman
Company: Norfolk Southern
Actual pay minus deserved pay: $32 million (2008-10)