America's HIghest-paid CEO
With Houston's booming economy, specifically in the oil and gas industry, it should come as no real surprise that America's highest paid CEO hails from the Bayou City.
But his 2013 compensation is still jaw dropping. Equilar — the data provider for The New York Times — crunched the numbers on compensation, professional history and wealth events for executives of publicly-traded companies. Data showed that chairman, president and CEO Charif Souki of Houston-based Cheniere Energy topped The New York Times 200 Highest Paid CEO Rankings with a cool $141,949,280 in compensation last year.
According to its website, Cheniere Energy "provides information on liquefied natural gas, U.S. energy demand, and how LNG can help to safely diversify and expand our energy supply."
Souki's 2013 salary was only $800,000. The other $141.1 million came from bonuses and stock.
Neither 61-year-old Souki or Cheniere Energy appeared on the 2013 list of the top 100 highest paid CEOs.
According to Forbes, Souki's 2013 salary was only $800,000. The other $141.1 million Cheniere's CEO received in compensation came from a large bonus ($3.6 million), non-equity incentive plan compensation ($4.2 million) and other compensation ($339,280), as well as more than $132 million from restricted stock awards. Additionally, Equilar's data indicates that Souki has sold more than $69 million in stock over the past three years.
In comparison to Souki's $141 million compensation, Exxon Mobil's CEO Rex Tillerson — at No. 25 on the list — made $28.1 million in 2013, and John Watson of Chevron — at No. 64 — was compensated $20.2 million.
Other local CEOs featured on Equilar's list include Paal Kibsgaard of Houston-based Schlumberger — the world's largest oil field services company — at No. 49 with $22 million received in 2013 compensation. Robert A. Walker, chairman, president and CEO of The Woodlands-based oil and gas exploration company Anadarko Petroleum, came in at No. 116 on the list with $15.7 million in 2013. Gary R. Heminger, president and CEO of Houston-based Marathon Oil , ranked 188th on the list with $12.7 million in compensation.