2) Kenneth C. Frazier (2013 Compensation: $13,375,935)
Kenneth C. Frazier is the chairman and CEO of Merck & Co. an American pharmaceutical company. He joined Merck as general counsel. He is the first African American to lead a major pharmaceutical company. His reported accumulated compensation is $75,962,062. His salary is significantly more than the average public executive’s salary.
1) Kenneth I. Chenault (2013 Compensation: $21,837,420)
American business executive Kenneth I. Chenault has been the CEO and chairman of American Express since 2001. He joined the Strategic Planning Group of the company in 1981. He was appointed the president and COO in 1997. He became the CEO in 2001. He is also the co-chair of the Business Roundtable, a director at IBM, a director at the Proctor & Gamble Company, a member of the World Trade Memorial Foundation, a trustee of the NYU Langone Medical Center and a member at the Council on Foreign Relations. Chenault’s annual compensation is $21,837,420 and accumulated compensation is $285,936,516. His salary and bonus are significantly more than the average public executive’s salary and bonus. He is the among the richest African-American CEOs.
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