Ceo, Salary | featured news

Even as his company weathers its biggest crisis ever, Rupert Murdoch is still pulling in a huge salary from News Corp.Regulatory filings released on Friday showed that Murdoch's total compensation for the 2011 fiscal year was $33.3 million. As technology writer Peter Kafka noted, this included a $12.5 million bonus. Murdoch also received $8.5 million in stock.

H-P's new CEO Leo Apotheker will get nearly $15 million in bonuses and initial stock awards for taking over the technology giant. His annual salary will be $1.2 million.

Bowing to increasing scrutiny of his compensation, Bank of America’s embattled chief executive, Kenneth D. Lewis, agreed not to take a salary or bonus for 2009.

Wall Street bankers, with their $18 billion in bonuses, private jets and gaudy conferences, are causing headaches for the GOP.

President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. Republicans hate the idea, which puts them uncomfortably on the side of people currently about as popular as child-porn producers and subprime mortgage brokers.

President Obama on Wednesday announced a salary cap of $500,000 for top executives at companies that receive large amounts of bailout money.