Wednesday, October 15, 2014

Bay Area female executives - who makes what?

I'm going to list four women who were executives at Bay Area firms in 2013. Your task is to guess which of the four made the most money.

Safra Catz, (then) President/COO of Oracle
Marissa Mayer, CEO of Yahoo
Sheryl Sandberg, COO of Facebook
Meg Whitman, CEO of Hewlett-Packard

The answer? Safra Catz, who made almost twice as much as Mayer, with a 2013 income of $44.3 million. According to the San Francisco Business Times, this was actually less than she made in 2012.

(source: Wikipedia)

This was reported by the Business Times back in July, but its headline - "Highest paid female executive in the Bay Area isn't a CEO" - is now outdated, since Catz and Mark Hurd were promoted from co-presidents to co-CEOs.

To some, these compensation figures seem obscene, but they are not unusual in the highest levels. Consider that basketball player Kobe Bryant makes more than all of these female executives, with the exclusion of Catz.

Perhaps Catz's boss Larry Ellison, who has been unsuccessful in becoming an NBA owner, had something to do with ensuring that Catz makes more than Bryant...

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