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CEO Compensation: 5 Wildly Overpaid CEOs

These CEOs are making much more money than they deserve

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CEO Compensation — Nuance (NUAN)

overpaid ceos, executive compensationI’ve spoken about Paul Ricci’s excessive CEO compensation as recently as the end of March. The CEO of Nuance (NUAN) has become the poster boy for excessive CEO compensation.

Boston Globe columnist Steven Syre recently dubbed Ricci the “most overpaid executive in Massachusetts.” Syre points out that Ricci’s total compensation over the past three years was $87 million, while NUAN stock lost 16% of its value at a time when most stocks were flying higher.

TJX (TJX) CEO Carol Meyrowitz came in second spot on that list, with $19.1 million in total compensation (almost $70 million behind Ricci). Of course, TJX stock gained 51% in 2013 and hasn’t had a losing year since 2008. Over the past three years, TJX has outperformed NUAN by 39% on an annualized basis.

Seyre also points out that Boston Beer (SAM) CEO Martin Roper earned total CEO compensation of $1.5 million in 2013, just 5% of Ricci’s pay, despite doing a far superior job of managing his business.

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