United
SENIOR MEMBER
- Joined
- Apr 28, 2012
- Messages
- 2,008
- Reaction score
- -1
- Country
- Location
(1)Nabeel Gareeb, MEMC Electronic Materials
Topping the list of highest paid CEOs is 43-year-old Nabeel Gareeb of Pakistani origin, CEO of chipmaker MEMC Electronic Materials since April 2002 with a total compensation package of $79.6 million.
Gareeb joined MEMC as CEO in April 2002. Gareebs appointment came after Texas Pacific Group purchased the company from its German owners in 2001 and recapitalised the business.
Prior to joining MEMC, Gareeb was the Chief Operating Officer of International Rectifier Corporation, a leading supplier of power semiconductors, where he was responsible for worldwide operations, research and development and marketing.
He joined International Rectifier in 1992 as Vice President of Manufacturing and subsequently held other senior management positions. Gareeb immigrated to US from Pakistan more than 25 years ago. He holds an MSc in engineering management, and a Bachelors in electrical and electronic engineering.
(2)Jen-Hsun Huang, Nvidia
Second on the list is Nvidia Corporation co founder Jen-Hsun Huang. Huang founded graphic chip maker in April 1993 today commands a pay packet of $45.9 million. He has being President, Chief Executive Officer, and a member on Nvidias Board since its inception.
Under his leadership, Nvidia emerged as a leading name in programmable graphics processing technologies and one of the semiconductor industrys largest fabless companies.
Huang also serves on the Rand Corporation s Board of Trustees and is a member of the Committee of 100, an organisation that addresses issues concerning the Chinese-American community and US-China relations.
Prior to founding Nvidia, Huang held engineering, marketing and general management positions at LSI Logic, and was a microprocessor designer at Advanced Micro Devices.
Huang holds a BSEE degree from Oregon State University and an MSEE degree from Stanford University.
(3)Jonathan Schwartz, Sun Microsystems
Jonathan Schwartz, chief executive officer and president of Sun Microsystems is the third highest-paid young tech CEO with an annual package of $13.5 million. A member of Suns board of directors, Schwartz became companys CEO in 2006, succeeding the Suns co-founder and current chairman of the board, Scott McNealy.
Schwartz was promoted to president and chief operating officer in 2004, and managed all operational functions at Sun from product development and marketing, to global sales and service.
(4)Shantanu Narayen, Adobe Systems
Forty-four-year old electronics engineer from Hyderabad, Shantanu Narayen, became Adobes CEO last year. His annual compensation is at $12 million.
Narayen joined Adobe in January 1998 as Vice President and General Manager of Adobes engineering technology group. In January 1999, he was promoted to Senior Vice President, Worldwide Products and in March 2001 he was promoted to Executive Vice President, Worldwide Product Marketing and Development.
(5)Dara Khosrowshahi, Expedia
Founded as a division of Microsoft in October 1996, Expedia was spun off in 1999. The company was later purchased by USA Networks in 2001.
The 39-year-old Khosrowshahi became CEO of Expedia when it spun off from IAC/InterActiveCorp (IAC) in August 2005. He joined IAC in 1998 as vice president of strategic planning. Prior to this he worked at Allen & Company LLC from 1991 to 1998, where he served as vice president from 1995 to 1998.
(6)Francisco DSouza, Cognizant
Prior to this he was the Chief Operating Officer for Cognizants global delivery, marketing and sales, business development and client services operations. He has also led the companys North American and European operations.