Liberty’s Maffei Tops List of Best-Paid CEOs

Gregory B. Maffei, boss of Liberty Media Corp. (LINTA), topped The Wall Street Journal list of best-paid CEOs, taking home $87.1 million.

Maffei’s compensation was four times larger than his 2008 package.

Larry Ellison, founder of Oracle Corp. (ORCL), came in second, with a pay packet of $68.6 million. Most of that took the form of options, valued at $61.9 million.

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Liberty’s Maffei Tops List of Best-Paid CEOs originally appeared on DailyFinance on Mon, 15 Nov 2010 06:38:00.

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Occidental Petroleum Names Stephen Chazen as CEO

Occidental Petroleum (OXY) has promoted Chief Operating Officer Stephen Chazen to the position of CEO, effective next May.

Chazen will replace Ray Irani, who will continue as full-time executive chairman, the company said in a statement.

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“Steve is a proven leader who has been an integral member of the senior management team for many years, and I am confident that he will continue…

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Occidental Petroleum Names Stephen Chazen as CEO originally appeared on DailyFinance on Thu, 14 Oct 2010 09:03:00.

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