CEO Pay at the Nine Government-Owned Banks

Here’s the 2007 CEO compensation at the nine banks that have been semi-nationalized:

Merrill Lynch
John Thain
$83,092,713
Goldman Sachs
Lloyd Blankfein
$53,965,418
Morgan Stanley
John Mack
$41,734,815
J.P. Morgan Chase
James Dimon
$28,856,330
Bank of New York Mellon
Robert Kelly
$20,515,810
State Street
Ronald Logue
$19,551,400
Wells Fargo
Richard Kovacevich
$18,510,694
Citigroup
Vikram Pandit*
$3,160,000
Bank of America
Kenneth Lewis
$20,040,000
Total: $289,427,180
* Pandit was promoted to CEO in Dec. 2007, 8 months after joining Citigroup.

This, of course, doesn’t include taxes.

Posted by Eddy Elfenbein on October 20th, 2008 at 8:36 am

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