Energy bosses top US pay scale

epa00826786 Ray Irani, Chairman, CEO, and President of Occidental Petroleum Corporation, is seen outside the White House in Washington DC on Monday 25 September 2006. US President George W. Bush met with business leaders and government officials on the Lebanon Private Sector Initiative in the Oval Office of the White House today. EPA/STEFAN ZAKLIN

STEFAN ZAKLIN

Anthea Pitt

 14 August 2009 03:19 GMT

Energy company chief executives have taken top honours in the US pay stakes, according to a new report.



The list, covering last year's renumeration and compiled by independent research group The Corporate Library, has private equity outfit Blackstone Group boss Stephen Schwarzman in first place, with oil and gass chief executives taking seven of the top 10 spots.

Schwarzman, who took Blackstone Group last year, bumped Oracle Corporation's Larry Ellison into second place. They were followed by seven oil chief executives and Michael Jeffries, head of clothing retailer Abercrombie & Fitch.

The year stood out for the amounts the top-paid executives received, as seven people secured total compensation of…

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