What Bay Area executives made last year
Genentech, eBay each had 5 leaders on the top 100 list
Tuesday, December 28, 2004
Top executive compensation
Name Company 2003
Steve Jobs Apple Computer $74.8 million
John Chambers Cisco Systems $47.7 million
Meg Whitman eBay $42.6 million
Stephen Bennett Intuit $29.9 million
Craig Conway PeopleSoft $26.9 million
Top 100 Bay Area executives, ranked by total compensation
Total Stock Rank
Name/Company/Title compensation* Salary Bonus options
1 Steve Jobs Apple Computer Inc.
Director and CEO $74,750,001 $1 -- --
2 John Chambers Cisco Systems Inc.
President, CEO,
and director $47,657,601 $1 -- $47,657,600
3 Meg Whitman eBay Inc.
President and CEO $42,621,926 $843,823 $1,229,132 $40,429,950
4 Stephen Bennett Intuit Inc.
President,
CEO and director $29,871,672 $990,000 $2,950,000 $7,568,235
5 Craig Conway PeopleSoft Inc.
President and
CEO/director $26,856,401 $1,000,000 $2,325,000 $23,531,401
6 John Gifford Maxim Integrated Products Inc.
President, CEO
and chairman $25,062,689 $80,769 -- $24,981,920
7 Sean Lance Chiron Corp.
Chairman $23,596,602 $800,000 $897,293 $21,812,240
8 John Hammergren McKesson Corp.
Chairman, president,
and CEO $23,383,164 $995,000 $2,250,000 $10,629,060
9 Robert Glynn Jr. PG&E Corp.
Chairman, CEO,
and president of PG&E Corp.,
chairman of Pacific Gas
and Electric Co. $22,540,137 $1,050,000 -- $5,619,958
10 Michael Cannon Solectron Corp.
President and CEO $22,102,359 $925,000 $2,000,000 $15,029,550
11 Howard Pien Chiron Corp.
President and CEO $21,838,717 $760,000 $1,500,000 $18,186,464
12 Arthur Levinson Genentech Inc.
Chairman, president
and CEO $21,491,672 $860,000 $1,204,000 $19,347,872
13 Michael Splinter Applied Materials Inc.
President and CEO $20,035,597 $900,000 -- $15,008,520
14 Maynard Webb Jr. eBay Inc.
Chief operating officer $19,753,767 $582,007 $1,266,601 $17,904,150
15 Kenneth Klein Wind River Systems Inc.
Chairman, president
and CEO $19,415,138 $450,000 -- $18,965,138
16 Craig Barrett Intel Corp.
CEO $18,710,005 $610,000 $1,512,100 $16,453,105
17 Amnon Landan Mercury Interactive Corp.
Chairman, CEO
and president $18,461,900 $750,000 $400,000 $17,310,900
18 Gary Bloom Veritas Software Corp.
Chairman, president
and CEO $13,926,420 $1,000,000 $1,852,000 $11,071,920
19 Levy Gerzberg Zoran Corp.
President and CEO $13,800,524 $340,000 $255,000 $13,204,666
20 John Martin Gilead Sciences Inc.
President and CEO $13,319,687 $754,167 $887,680 $11,677,840
21 Myrtle Potter Genentech Inc.
Executive vice president-commercial
operations and chief
operating officer $12,618,425 $562,400 $575,000 $10,883,178
22 David Pottruck Charles Schwab Corp.
CEO $12,598,237 $983,333 -- $8,976,195
23 Paul Otellini Intel Corp.
President and
chief operating officer $12,371,610 $350,000 $867,600 $11,076,810
24 John Chen Sybase Inc.
Chairman, CEO
and president $12,301,333 $900,000 $496,100 $7,203,840
25 Susan Desmond-Hellmann Genentech Inc.
Executive vice president-development
and product operations and
chief medical officer $12,046,722 $548,600 $575,000 $10,883,178
26 Gordon Smith PG&E Corp.
Senior vice president of PG&E Corp.,
president and CEO, Pacific
Gas and Electric Co. $12,006,037 $735,000 -- $1,629,325
27 Harold Messmer Jr. Half Robert International Inc.
Chairman, president
and CEO $11,841,945 $525,000 $1,513,994 $3,731,493
28 Eric Stang Lexar Media Inc.
President, CEO and
chairman of directors $11,775,377 $371,154 $357,423 $11,046,800
29 Joseph Saunders Providian Financial Corp.
Chairman, president
and CEO $11,402,625 $748,462 $2,000,000 $8,344,875
30 Scott Kriens Juniper Networks Inc.
President, CEO
and chairman $11,350,140 $275,000 $161,350 $10,913,280
31 David O'Reilly ChevronTexaco Corp.
Chairman $11,246,526 $1,312,500 $3,150,000 $3,423,826
32 Jeffrey Jordan eBay Inc.
Senior vice president,
eBay North America $11,064,828 $439,345 $858,793 $9,765,900
33 Daniel Welch Intermune Inc.
CEO and president $10,871,573 $525,000 -- $10,284,063
34 Stratton Sclavos VeriSign Inc.
President, CEO
and chairman of directors $10,832,074 $626,923 $229,500 $9,970,016
35 Matthew Bannick eBay Inc.
Senior vice president
and general manager, global
online payments $10,787,505 $423,084 $596,264 $9,765,900
36 Lloyd Carney Micromuse Inc.
Chairman and CEO $10,742,350 $400,000 N/A $10,342,350
37 Paul Julian McKesson Corp.
Executive vice president,
group president $10,656,410 $600,000 $680,000 $6,200,285
38 Martin Brauns Interwoven Inc.
President, CEO and chairman $10,460,000 $350,000 $155,250 $9,954,750
39 Willem Roelandts Xilinx Inc.
President, CEO and chairman
of directors $10,425,109 $715,500 $391,013 $9,282,450
40 Anthony Bettencourt Verity Inc.
CEO, president and director $9,740,665 $349,231 $247,644 $9,143,550
41 Bernard Liautaud Business Objects
Chairman and CEO $9,596,316 $465,378 $501,598 $8,571,840
42 Robert Bailey PMC-Sierra Inc.
President, CEO and director $9,510,125 $350,000 -- $9,159,459
43 Carly Fiorina Hewlett-Packard Co.
Chairman and CEO $9,440,320 $1,241,667 $2,101,600 $5,921,860
44 Lois Scali Pixar
Executive vice president,
general counsel $9,395,677 $436,000 $207,217 $8,750,250
45 Edward Barnholt Agilent Technologies Inc.
Chairman, president
and CEO $9,390,150 $1,000,000 $333,450 $8,048,700
46 Marc Onetto Solectron Corp.
Executive vice president,
worldwide operations $9,263,108 $600,000 $1,123,288 $5,562,400
47 Robert Swanson Jr. Linear Technology Corp.
Chairman and CEO $9,154,714 $334,751 $1,352,127 $7,211,168
48 Brian Halla National Semiconductor Corp.
Chairman, president and CEO $9,118,957 $886,219 $400,500 $7,802,040
49 William Cobb eBay Inc.
Senior vice president
and general manager,
eBay International $8,891,841 $382,519 $368,899 $8,138,250
50 Sergio Giacoletto Oracle Corp.
Executive vice president
for Europe, Middle East
and Africa $8,849,022 $538,422 $1,214,700 $7,095,900
51 Geoff Tate Rambus Inc.
CEO and director $8,654,367 $282,400 $277,987 $8,092,420
52 Steven Berkowitz Ask Jeeves Inc.
President, Web
properties division $8,635,078 $275,000 $246,613 $8,113,465
53 Gary Sbona Verity Inc.
Executive chairman $8,552,810 $52,000 $5,200 $8,495,200
54 Petro Estakhri Lexar Media Inc.
Director, chief technology officer
and executive vice president,
engineering $8,462,318 $372,116 $357,442 $7,732,760
55 Richard Scheller Genentech Inc.
Executive vice president,
research $8,392,927 $373,635 $380,000 $7,557,763
56 Louis Lavigne Jr. Genentech Inc.
Executive vice president
and chief financial officer $8,367,131 $400,364 $380,000 $7,557,763
57 George Samenuk Networks Associates Inc.
Chairman and CEO $8,273,637 $720,000 $870,000 $6,652,040
58 Derek Williams Oracle Corp.
Executive vice president,
Asia-Pacific division $8,193,233 $500,000 $493,500 $7,095,900
59 Anthony Ridder Knight Ridder Inc.
Chairman and CEO $8,162,078 $972,405 $455,637 $4,498,060
60 Lawrence Probst III Electronic Arts Inc.
Chairman and CEO $8,081,459 $672,759 $781,000 $6,626,980
61 Daniel Rosensweig Yahoo Inc.
Chief operating officer $8,056,593 $500,000 $1,375,000 $4,244,625
62 Matthew Medeiros SonicWALL Inc.
President and CEO $8,054,640 $450,000 -- $7,604,640
63 Jeff Henley Oracle Corp.
Executive vice president
and chief financial officer $7,920,900 $825,000 -- $7,095,900
64 Eliyahu Ayalon DSP Group Inc.
Chairman and CEO $7,920,850 $607,000 $700,000 $6,613,850
65 Paul Tufano Maxtor Corp.
President and CEO $7,839,745 $680,770 $2,975,000 $3,614,175
66 Vyomesh Joshi Hewlett-Packard Co.
Executive vice president
Imaging and Printing Group $7,511,132 $712,500 $513,090 $4,229,900
67 Alfred Chuang BEA Systems Inc.
Chairman, president and CEO $7,348,615 $650,000 $177,175 $6,521,440
68 Susan Decker Yahoo Inc.
Executive vice president,
finance and administration,
and chief financial officer $7,300,125 $500,000 $700,000 $4,244,625
69 John Milligan Gilead Sciences Inc.
Executive vice president
and chief financial officer $7,278,979 $331,433 $244,446 $6,703,100
70 James Dolce Jr. Juniper Networks Inc.
Executive vice president
of field operations $7,271,710 $254,581 $70,407 $6,820,800
71 Jim Morgan Applied Materials Inc.
Chairman $7,193,535 $684,615 -- $6,499,920
72 J. Kim Fennell Pinnacle Systems Inc.
President and CEO $7,155,498 $375,000 $108,575 $6,671,923
73 Marcel Gani Juniper Networks Inc.
Executive vice president,
chief financial officer $7,138,553 $200,000 $117,345 $6,820,800
74 Farzad Nazem Yahoo Inc.
Chief technical officer
and executive vice president,
engineering and
site operations $7,110,125 $450,000 $560,000 $4,244,625
75 Kevin Parker PeopleSoft Inc.
Executive vice president,
finance and administration,
chief financial officer $7,071,281 $425,000 $1,100,000 $4,706,281
76 Richard Levy Varian Medical Systems Inc.
Chairman, president and CEO $7,002,144 $793,862 $1,614,391 $4,408,605
77 Kenneth Klein Mercury Interactive Corp.
Former chief
operating officer $6,963,311 $350,000 $250,000 $5,049,013
78 Kevin Kennedy Openwave Systems Inc.
Chief operating officer $6,899,862 $375,000 $657,291 $5,523,814
79 Peter Cartwright Calpine Corp.
Chairman, president and CEO $6,884,260 $950,000 $2,250,000 $3,600,478
80 Keith Block Oracle Corp.
Executive vice president,
North America sales
and consulting $6,845,450 $655,625 $867,900 $5,321,925
81 Ram Gupta PeopleSoft Inc.
Executive vice president,
products and technology $6,841,281 $425,000 $980,000 $4,706,281
82 Thomas St. Dennis Novellus Systems Inc.
Executive vice president,
sales and marketing $6,833,100 $380,000 $100,000 $4,527,195
83 Norbert Bischofberger Gilead Sciences Inc.
Executive vice president,
research and development $6,749,773 $483,083 $427,770 $5,838,920
84 Michael Brown Quantum Corp.
Chairman and CEO $6,747,997 $673,847 -- $2,469,100
85 Mark Perry Gilead Sciences Inc.
Executive vice president,
operations $6,715,266 $472,333 $394,013 $5,838,920
86 Bob Wayman Hewlett-Packard Co.
Executive vice president
and chief financial officer $6,694,889 $988,542 $728,993 $2,537,940
87 Peter Darbee PG&E Corp.
Senior vice president
and chief financial officer $6,694,278 $490,000 -- $1,171,403
88 Guy Dubois PeopleSoft Inc.
Executive vice president,
Europe, Middle East
and Asia $6,589,281 $356,000 $725,000 $4,706,281
89 Bruce Claflin 3Com Corp.
President and CEO $6,557,861 $825,000 $216,563 $4,975,300
90 Mark Sieczkarek Conceptus Inc.
President, CEO and director $6,547,630 $400,000 $670,000 $4,983,930
91 Jeffrey Rodek Hyperion Solutions Corp.
Chairman and CEO $6,529,190 $440,208 $288,563 $3,944,860
92 Fred van Den Bosch Veritas Software Corp.
Chief technology officer
and executive vice president,
Advanced Technology Group $6,519,460 $480,000 $501,000 $5,535,960
93 Don Mattrick Electronic Arts Inc.
President,
worldwide studios $6,452,191 $585,607 $565,000 $5,301,584
94 Mark Bregman Veritas Software Corp.
Executive vice president,
product operations $6,442,604 $390,000 $412,000 $5,535,960
95 Edwin Gillis Veritas Software Corp.
Executive vice president,
finance and
chief financial officer $6,433,460 $435,000 $460,000 $5,535,960
96 Eli Harari SanDisk Corp.
President, CEO and director $6,428,791 $538,491 $1,000,000 $4,884,300
97 Doug Smith Mercury Interactive Corp.
Executive vice president
and chief financial officer $6,371,300 $350,000 $250,000 $5,770,300
98 Thomas Grudnowski Fair Isaac Corp.
Director, president
and CEO $6,368,329 $550,000 $500,000 $5,313,960
99 John Riccitiello Electronic Arts Inc.
President and
chief operating officer $6,354,068 $576,764 $475,000 $5,301,584
100 Dan Maydan Applied Materials Inc.
Director and
president emeritus $6,326,406 $576,924 -- $5,740,482
Note: Pay is generally for fiscal years ended in 2003. It is 2004 for BEA
Systems, Electronic Arts, McKesson and Xilinx.
*Total compensation also includes restricted stock, long-term awards and
other forms of pay, in addition to salary, bonus and stock options.
**Equilar estimated the value of stock options using a method called
Black-Sholes. The actual value of the options will depend on how the stock
performs in the future.
Source: Equilar in San Mateo. Equilar compiled the chart based on public
filings by 400 publicly traded companies that used Bay Area area codes in
documents filed with the Securities and Exchange Commission. It excludes Wells
Fargo, because the company used a Minnesota phone number, Equilar said.
