If you would have raked in $1.83 billion over the past decade, you'd "only" be the second highest compensated executive, falling short of the $1.84 billion Larry Eillison, founder and chief executive of Oracle, lined his pockets with, according to The Wall Street Journal.
Of course, you and I didn't come in second, but Barry Diller did, who received about $1.14 billion from IAC/InterActive and Expedia.com.
And what about Steve Jobs? He came in fourth with $749 million, trailing behind Occidental Petroleum Crop. CEO Ray Irani at $857 million. In fifth place was Richard Fairbank, CEO of Capital One, who earned $569 million.
Interestingly, four of the top 10 highest-paid executives ran companies whose shareholders held onto the short end of the stick by losing money over the decade. These include IAC/InterActive, Countrywide, Capital One, and Cendant Corp.
Looking for a career change? If you have the right background, perhaps you can land a gig at Nokia as the new chief executive. Word on the Web is that Nokia is looking to hire a new CEO, which won't come as good news to Olli-Pekka Kallasvuo, the current CEO struggling to keep the company relevant in the growing smartphone wars.
Nokia still sells more cell phones than anyone else, but hasn't been able to keep up with the likes of Apple, HTC, and others who are active in the smartphone arena.
"They are serious about making a change," The Wall Street Journal quoted a person familiar with matter as saying.
WSJ's source says that Nokia is "supposed to make a decision by the end of the month," which now looms just around the corner.
As it turns out, emailing company CEOs is getting to be quite a fad. Apple's Steve jobs has begun responding to emails directly, and that gives regular users hope that they can get some personal attention from those at the helm of companies they do business with. That is apparently not going to fly with AT&T. One customer had the audacity, the AUDACITY, to email AT&T CEO Randall Stephenson twice in two weeks. As a result, AT&T got all lawyer-ish on him.
The customer in question simply asked the company CEO to bump up his iPhone upgrade eligibility and sell him a tethering plan. The second email was to express his displeasure over AT&T's new data plans. All he got was a call back from AT&T's Executive Response Team to "thank" him and warn him that further emails would result in a cease and desist letter. Seriously?
Look, we know that AT&T isn't exactly known for really pleasing their customers, but this seems outlandish to us. If anything, this brash attitude toward customer service makes us think they've got the iPhone locked up for a while yet. This customer, however, is apparently jumping ship to Sprint for the EVO 4G.
John Lilly, the Chief Executive Officer of Mozilla, announced plans to step down from his position and head to Greylock Partners as a venture partner.
"This is a tough note for me to write -- I feel so incredibly lucky and humbled to have worked on such an amazing project, with such spectacular people, for the last few years," Lilly wrote in an email to employees. "But I've always been a startup guy at heart -- Mozilla was originally going to be a quick volunteer effort for me, but quickly turned into a full time job, and at the beginning of 2008 turned into the CEO job that I have now. I've really been missing working with startups."
Mozilla, of course, makes the Firefox browser, and under John Lilly's leadership, the open-source browser has continued to put a dent into Internet Explorer's market share and now claims about 25 percent of the browser population.
Though Lilly has only served as CEO since 2008, this is certainly an end of a era, of sorts, but not the end of the line for Firefox by any stretch. Firefox 4 is expected to be ready by October or November of this year, bringing with it a renewed focus towards all around speed.
In the meantime, Lilly said he is staying with Mozilla until a replacement is found, at which point he will continue to serve on the company's board of directors.
It could be said that the ongoing battle between Adobe and Apple--the classic "friends turned enemies" grudge match--is like a giant digital version of an MMA fight. Or perhaps it's more appropriate to dub it a "boss battle."
Steve Jobs, Apple Overlord, has been tossing up jabs against the apparent disaster that is Adobe Flash for some time now, scattered across various quotes and interviews with the tech press. Various Adobe executive have stepped into the squared circle in an attempt to prove the sincerity (and usefulness) of Flash's existence, and it's been a relatively amusing, "you suck / no I don't / you suck / no I don't" back-and-forth.
That's nice and all, but whatever happened to... you know. Tested facts?
Palm CEO Jon Rubenstein gave an exclusive interview to CNN Money today, and it was an ugly sight. Everyone knows that we loved the Palm Pre when it debuted at CES in 2009, but it was quickly lost in the smart phone shuffle among heavyweights such as iPhone, Android, and Blackberry. The hardware and software concepts gave it a serious chance to compete with the big guys, but in the end the lackluster launch didn't win over enough third party developers, causing the platform to stagnate next to its rivals.
Given the gruesome reality facing Rubinstein these days, I think most people are surprised to see he is still working the interview circuit at all. The vast majority of the CNN questions were a spin on "Guess you guys are out of luck" and "so has anyone offered to buy Palm yet"? Despite the hard line, Rubinstein maintains that Palm has "tremendous assets" and that people should take note of the state of the company prior to webOS.
Palm's primary advantage at this point lies in its ability to multitask, but if the platform lacks compelling applications, who cares how many of them you can run in the background. Everyone here is hoping Palm has what it takes to turn its fortunes around, but there isn't an analyst out there right now with as much optimism about the company's future as Rubenstein.
Feel free to check out the full interview, and let us know what you think lies in the future for Palm.
Citing "sources close to Sun," CNet's John Paczhowski says Sun CEO Jon Schwartz will soon step down from his position as CEO and step out of the way as Oracle completes its $7.4 billion acquisition.
Scwartz stepped into his current role in April 2006 with big plans of turning Sun around. He wasn't able to do that, and though his time on top of Sun saw the acquisition of MySQL, open-sourcing Java, Solaris, and a few other notable strategies, all were of minimal benefit to Sun's bottom line.
But don't feel too bad for Schwartz. Based on Sun's definitive proxy statement, the rumored soon-to-be ex-CEO would rake in some $12 million in severance pay, in addition to about $5.1 million in Sun shares that he owns.
Bill Watkins, the ex-Seagate CEO who served 12 years with the hard drive maker, jumps out of the unemployment line to serve as CEO of LED lighting company Bridgelux. Not by accident, Watkins has been researching green technologies ever since cutting ties with Seagate and became fascinated with the LED sector.
"There's a $100 billion opportunity, a whole new disruptive technology with LEDs, and an installed base that owns the market but doesn't have good solutions. You don't see that very often, but that's how new technology can make an impact," Watkins said this week.
Watkins is thinking on a global scale with his new position and said he plans to help his company grow by developing its manufacturing and expanding internationally, CNet reports.
"The whole world is basically going to embrace this technology," Watkins added.
In a move few saw coming, Opera's CEO and co-founder Jon von Tetzchner stepped down from his position at the company, but he isn't leaving it behind. Instead, Tetzchner will remain full-time at the Norwegian browser maker as a strategic consultant, The Register reports.
Stepping in to fill Tetzchner's shoes as the CEO is Lars Boilesen. Boilesen previously served as VP on the company's board of directors, and before that, assumed the role of sales boss from 2000 to 2005 before a brief stint with Alcatel-Lucent.
"I was very happy about convincing Lars to come back to Opera one year ago. Today, I am very excited about asking him to take over as CEO as we continue our growth and global expansion," said von Tetzchner.
According to data released by Net Applications, the Opera browser claims 2.4 percent of the overall browser market share (2.93 percent if factoring in Opera Mini), trailing Chrome and Safari by a couple of percentage points.
Data Robotics on Monday announced it has hired Tom Buiocchi as the company's new president and chief executive officer. Buiocchi succeeds company founder Geoff Barrall, who held the title of CEO for the past four years.
"Geoff has done a tremendous job creating an exciting, dynamic company which is approaching 100,000 units sold and is on track for continued growth. The board is very appreciative of this achievement," said Aneel Bhusri, chairman of the board for Data Robotics. "Tom's appointed as CEO marks an important milesonte for Data Robotics. His competitive nature underlies his proven track record of building successful organizations and delivering strong growth, both of which will be critical in bringing Data Robotics to the next level of success."
Buiocchi's resume includes serving as Executive in Residence at Mohr Davidow Ventures, but his last executive business role was at Brocade Communications Systems, where he served as VP of worldwide marketing, investor relations, and sales operations. Buiocchi also has some 20 years experience in a range of positions with heavyweights such as Hewlett-Packard, IBM, Apex Systems, and Rhapsody, Data Robotics said.