The highest paid is Joe Kiani, head of the Masino Corporation, a company in the health supplies sector, which brought home the beauty of 119.2 million dollars. Behind Kiani is Sir Martin Sorrell with a gross fee of 70 million pounds ($103.8 billion). In fifth place Tim Walbert, president and chief executive officer of Horizon Pharma, a Nasdaq-listed pharmaceutical company, with a total of $93.3 million.
WSI – May 18, 2016, Of Mariangela Tessa
NEW YORK (WSI) – It's called Joe Kiani and is the head of the Masino Corporation, a company he founded and led in the healthcare supply sector, the highest paid manager in the world. This is what we read in an article in the Sole 24 Ore, which ranks the five highest paid managers in the world.
In 2015, Kiani took home a whopping $119.2 million. A stratospheric figure, a clear increase compared to the 4.5 million dollars in 2014, due to the renewal of the contract signed last year. Among the conditions of the agreement is a plan for the assignment of extraordinary shares for a value of 111.9 million dollars.
Behind Kiani – reads the article in Il Sole 24 – the second highest paid manager of 2015 is another self-made man by the name of Sir Martin Sorrell and is the managing director of the British advertising giant Wpp. The 2015 budget shows gross compensation of £70 million ($103.8 billion). Extraordinary in amount due to the assignment of 3982605 shares with a value of $62.7 million.
In third place among the best paid company captains stands out Sundar Pichai. Since last year at the helm of Google as chief executive officer, Pichai, thanks to the assignment of a package of Alphabet shares worth 99 million 829 thousand dollars, has reached an annual salary of 100 million 632 thousand dollars.
The fourth place goes instead to Dara Khosrowshahi, chairman and chief executive officer of Expedia: the manager received 2.7 million stock options (worth $90.8 million) as part of a 5.5-year incentive plan agreed with the company. If you add up the cash portion of the salary, it comes to $94.6 million.
In the end, Tim Walbert, president and chief executive officer of Horizon Pharma, a pharmaceutical company listed on the Nasdaq, which closed its first financial year with a profit. “A goal that for the chairman and CEO Tim Walbert has been largely monetized with a rich package of restricted shares (43.4 million) and stock options (47.3 million) which, added to the part of the cash remuneration make a total of 93.3 million dollars” reports the business daily
Related news: Here are the top 5 highest paid executives in the world
