25 Top CEOs Earn More Than Their Firms Pay in Taxes

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25 Top CEOs Earn More Than Their Firms Pay in Taxes
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25 Top CEOs Earn More Than Their Firms Pay in Taxes

Twenty five CEOs of America's top companies earned more money than their companies paid in taxes last year, according to the Institute for Policy Studies' Executive Excess report. The think tank "researched the 100 U.S. corporations that shelled out the most last year in CEO compensation. At 25 of these corporate giants," the Institute "found the bill for chief executive compensation actually ran higher than the company's entire federal corporate income tax bill."


Click through our gallery to see 25 CEOs who were paid more then their company paid in taxes.


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John Faraci
CEO compensation: $12.3 million
U.S. federal income taxes: $249 million refund

John Strangfeld
CEO compensation: $16.2 million
U.S. federal income taxes: $722 million refund

Ivan Seidenberg
CEO compensation: $18.1 million
U.S. federal income taxes: $705 million refund

Robert Kelly
CEO compensation: $19.4 million
U.S. federal income taxes: $670 million refund

*On Aug. 31, 2011, the company announced that Kelly stepped down. He will be succeeded by BNY Mellon’s president and board member since 1998, Gerald L. Hassell.

Jim McNerney
CEO compensation: $13.8 million
U.S. federal income taxes: $13 million

Brian Duperreault
CEO compensation: $14 million
U.S. federal income taxes: $90 million refund

John Lundgren
CEO compensation: $32.6 million
U.S. federal income taxes: $75 million refund

Aubrey McClendon
CEO compensation: $21 million
U.S. federal income taxes: $0

John Donahoe
CEO compensation: $12.4 million
U.S. federal income taxes: $131 million refund

Alan Mulally
CEO compensation: $26.5 million
U.S. federal income taxes: $69 million refund

Gregory Case
CEO compensation: $20.8 million
U.S. federal income taxes: $16 million

John F. Brock
CEO compensation: $19.1 million
U.S. federal income taxes: $8 million

Andrew Liveris
CEO compensation: $17.8 million
U.S. federal income taxes: $576 million refund

James Cracchiolo
CEO compensation: $16.3 million
U.S. federal income taxes: $224 million refund

David Cote
CEO compensation: $15.2 million
U.S. federal income taxes: $471 million refund

Jeff Immelt
CEO compensation: $15.2 million
U.S. federal income taxes: $3.3 billion refund

Patrick Hassey
CEO compensation: $15 million
U.S. federal income taxes: $47 million refund

Robert Coury
CEO compensation: $15 million
U.S. federal income taxes: $73 million refund

Richard Fairbank
CEO compensation: $14.9 million
U.S. federal income taxes: $152 million refund

Steve Wynn
CEO compensation: $14.6 million
U.S. federal income taxes: $0

Motorola Solutions
Gregory Q. Brown
CEO compensation: $14 million
U.S. federal income taxes: $7 million

Eugene Isenberg
CEO compensation: $13.5 million
U.S. federal income taxes: $138 million refund

Edward Mueller
CEO compensation: $13.4 million
U.S. federal income taxes: $14 million refund

James Dolan
CEO compensation: $13.2 million
U.S. federal income taxes: $3 million refund

Sanjay Jha
CEO compensation: $13 million
U.S. federal income taxes: $12 million





Source: Institute for Policy Studies

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