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Silicon Valley Pay: CEO Salaries Range From Zero to $78 Million

Intel CEO a bargain at $9.5 million compared with Zynga CEO’s $58 million salary; Tesla’s Musk gets enough to buy a car

2 min read
Silicon Valley Pay: CEO Salaries Range From Zero to $78 Million

Silicon Valley CEO pay is typically all over the map—with some CEOs, rich in stock, taking a token $1 in salary, and others (even those with large stock holdings), raking in astronomical paychecks. And some salaries are simply head-scratchers. Here are a few highlight’s from the latest “What the Boss Makes” survey, a study conducted annually by Equilar for the Bay Area News Group. A searchable database of the study results is here. (Note: annual compensation includes, in most cases, a mix of salary and stock awards.)

Still way at the top is Oracle’s Larry Ellison, at more than US $78 million, down 18 percent from last year. That’s a weird one though—his salary and stock grants totalled up to a grand $1, his pay is largely based on performance bonuses. But we all know that Larry Ellison is the king of the paycheck.

More interesting is number two,  Zynga’s Don Mattrick, at just under $58 million. Mattrick moved over from Microsoft in 2013 to turn the once high-flying company around or, in corporate speak “guide the company into its next chapter of growth”. That turnaround? Not happening, at least not yet.

Marissa Mayer at Yahoo ($25 million) came in ahead of Cisco’s John Chambers ($21 million), even though it was a good year for Chambers; his pay was up 80 percent from the previous year. Intel’s Brian Krzanich’s paycheck totalled about $9.5 million, putting him in a crowded $5 to $10 million group that also included Electronic Arts’ John S. Riccitiello, SunPower’s Thomas H. Werner, and AMD’s Rory P. Read, and a number of other semiconductor industry executives. Of course, the executives who really get bragging rights are those who are forgoing pay altogether (or close to it); like Larry Page ($1),  Ubiquiti Networks’ Robert Pera ($0) or Tesla’s Elon Musk ($70,000—or almost exactly the price of a 2014 Tesla Model S.)

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Asad Madni and the Life-Saving Sensor

His pivot from defense helped a tiny tuning-fork prevent SUV rollovers and plane crashes

11 min read
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Asad Madni and the Life-Saving Sensor

In 1992, Asad M. Madni sat at the helm of BEI Sensors and Controls, overseeing a product line that included a variety of sensor and inertial-navigation devices, but its customers were less varied—mainly, the aerospace and defense electronics industries.

And he had a problem.

The Cold War had ended, crashing the U.S. defense industry. And business wasn’t going to come back anytime soon. BEI needed to identify and capture new customers—and quickly.

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