INTERNATIONAL

Sanjay Jha, top-paid CEO in U.S.

Washington: With a $104 million pay packet in 2008, mobile phone maker Motorola’s India-born chief Sanjay Jha has emerged as America’s top-paid CEO, while Citigroup’s Vikram Pandit tops the league among bailed-out banks.

In a survey published on Friday by Wall Street Journal, Mr. Pandit is ranked fourth overall with a pay of $38.2 million, while PepsiCo’s Indian American CEO Indra Nooyi is at the 36th slot with a pay package of $13.98 million.

With his over-$104-million package, Mr. Jha is the only CEO to get a compensation package exceeding $100 million, with Occidental’s Ray Irani a distant second with $49.9 million. Mr. Irani is followed by Walt Disney’s Robert Iger ($49.7 million) in the third slot. — IANS

The median salaries and bonuses for the chief executives of 200 big U.S. companies fell 8.5 per cent to $2.24 million, according to an analysis.CEO compensation decreased more sharply at banks and brokerages, long the source of some of the biggest paychecks.

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