Summary
SPECIAL REPORT: L.A.'s most highly compensated CEOs
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Extract
Stocks rocking CEO compensation boat.
Ray Irani, chairman and chief executive of Occidental Petroleum Corp., outflanked his peers to become the highest paid executive in Los Angeles last year, getting $87.5 million in compensation.
Though Irani received a salary of just $1.3 million, he was loaded up with $43 million in long-term compensation and an estimated $38.5 million in new stock options. But Irani was also sitting on a pile stock options awarded in previous years and last year he cashed in $37.6 million w...See the full content of this document
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