Jonathan Alcorn/Bloomberg via Getty Images(WASHINGTON) -- Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years.
Equilar, an executive compensation data firm, put Moonves at the top of the list for fiscal year 2012, despite having a pay drop from the $68 million he was paid the previous year.
Last year, David Simon, chairman and CEO of Simon Property Group, was at the top with $137 million after he received a large stock award accumulated over several years.
As part of Equilar's methodology, the company looked at proxies of companies that were filed Jan. 1 to April 30 of this year. Larry Ellison of Oracle, is not on Equilar's list because the tech company files its proxy statement in September. He is paid about $96 million, which would place him at the top of the list.
Aaron Boyd, Equilar's director of governance research, said the 10 highest-paid CEOs are well-known names.
"It's hard to say there are surprises when you look at the highest-paid list, as the economy continues to improve and stock market is still growing," he said.
Notably, leaders of four media companies make the top 10 list. Robert Iger, chairman and CEO of the Walt Disney Company, parent of ABC News, is number three in the list.
Here's a list of the 10 highest-paid CEOs for fiscal year 2012, according to Equilar.
1. Leslie Moonves, president and CEO, CBS | Total compensation: $60,253,647
Base salary: $3.5 million. Fiscal year 2011 compensation: $68,422,211
2. David M. Zaslav, president and CEO, Discovery Communications | Total compensation: $49,932,867
Base salary: $3 million. Fiscal year 2011 compensation: $52,404,119
3. Robert A. Iger, chairman and CEO, Walt Disney | Total compensation: $37,103,208
Base salary: $2.5 million. Fiscal year 2011 compensation: $31,363,013
4. Philippe P. Dauman, president and CEO, Viacom | Total compensation: $33,396,104
Base salary: $3.5 million. Fiscal year 2011 compensation: $43,077,942
5. John J. Donahoe, president and CEO, eBay | Total compensation: $29,705,081
Base salary: $970,353. Fiscal year 2011 compensation: $16,456,528
6. Brian L. Roberts, chairman, president and CEO, Comcast | Total compensation: $29,124,014
Base salary: $2.8 million. Fiscal year 2011 compensation: $26,934,077
7. Howard Schultz, chairman, president and CEO, Starbucks | Total compensation: $28,909,773
Base salary: $1.5 million. Fiscal year 2011 compensation: $16,079,480
8. Kenneth I. Chenault, chairman and CEO, American Express | Total compensation: $28,012,789
Base salary: $2 million. Fiscal year 2011 compensation: $22,490,401
9. Rex W. Tillerson, chairman and CEO, Exxon Mobil | Total compensation: $27,229,300
Base salary: $2.6 million. Fiscal year 2011 compensation: $25,165,105
10. Kent J. Thiry, co-chairman and CEO, DaVita HealthCare Partners | Total compensation: $26,799,121
Base salary: $1.05 million. Fiscal year 2011 compensation: $17,541,645
Copyright 2013 ABC News Radio
iStockphoto/Thinkstock(WASHINGTON) -- Sales of existing homes rose 0.6 percent in April to an annual rate of 4.97 million units. Sales are up nearly 10 percent over the past year.
“The market is in a solid recovery,” says Walter Malony of the National Association of Realtors. “Sales are now at the highest level in 3 1/2 years, back when the market was spiking in response to the homebuyers tax credit.”
That was a temporary tax credit. Since then, tight lending standards by banks and limited inventory have kept the total lower than it would be.
Wednesday’s report is the latest sign of improvement for the housing market. Existing home sales account for about 9 out 10 home sales each month.
Copyright 2013 ABC News Radio
iStockphoto/Thinkstock(WACONIA, Minn.) -- Customers of the SuperAmerica gas station in Waconia, Minn., about 35 miles southwest of Minneapolis, were in for a treat to see discounted gas prices and tobacco products sold at half off over the weekend, not realizing that the new station owner was an alleged fraudster who paid for the station with a fake check.
The previous owner, Husein Sarameh, 51, said he sold the station in early April for $945,000. The buyer paid $203,000 for the down payment with a check, which Sarameh said bounced the next day.
But the new buyer, found through a broker, had already begun operating the business. Sarameh said his lawyers advised him he could not evict the new owner without a court order.
On Friday and Saturday, the new owner began selling discounted gas and tobacco and grocery products, some at half-off, as first reported by ABC affiliate KSTP.
Sarameh, who owns two other gas stations in a nearby town, said he was shocked by the brazen act of buying property with fake funds.
“You can’t buy property and write a fake check,” he said. “We have their driver’s license, name, and address. They think they can get away with it.”
Sarameh began reoperating the station on Monday with a grand re-opening sale with a discount of 5 cents a gallon; and customers with a rewards card can receive an additional discount of 3 cents a gallon.
Paul Tschida, commander at the Carver County Sheriff’s office, said the case has been assigned to the investigations division, which is looking into what happened, including whether there was a bounced check and the allegations that gas and other products were illegally sold at discounted prices.
Copyright 2013 ABC News Radio
iStockphoto/Thinkstock(NEW YORK) -- Dramatic scenes of tornado-wrought devastation and wrecked properties in Oklahoma this week are another potent reminder to renters and homeowners all across the country to take an inventory of everything they own before a storm hits. It can make a big difference if your household suffers major damage.
“Go through your house with your smartphone,” suggests Kimberly Lankford, contributing editor of Kiplinger’s Personal Finance magazine. “Smartphones make this so much easier. Just take pictures and video of everything, because if you do have a claim, you don’t have to piece together everything yourself.”
Smartphone apps can help you compile a complete list. “There’s one called knowyourstuff.org that makes it really easy to get that list of everything,” says Lankford.
This can really help when making a claim to your insurance company. “Especially in a situation where so much is destroyed you don’t have to go through and look and remember. Also, if you can then email that to the insurance company that puts you ahead of the people who are still waiting to put their list together,” Lankford says.
After a big storm, fire or earthquake many people are trying to get their claims paid at the same time. Putting your information on a secure site online can help you file a claim quickly and thoroughly.
“Anything you can do ahead of time can make a big difference,” says Lankford. “Getting your inventory squared away is a key thing.”
Copyright 2013 ABC News Radio