Lowell McAdam, Verizon CEO and chairman
Last year saw a giant jump in compensation for McAdam, who served as Verizon’s president and COO before being named CEO on Aug. 1, 2011. His $23.1 million pay package included a $1.4 million salary, $2.4 million bonus, equity awards valued at $18.8 million, and $607,900 in perks and other compensation. Meanwhile, Verizon’s 2011 revenue hit $110.9 billion, up 4% from $106.6 billion in 2010. Net income was essentially flat, coming in at $10.2 billion.