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World's most valuable CEOs

World's most valuable CEOs

Much has been said about how India's top executives take home large salaries. We take a glance at the top companies by market capitalization in the world's top economies and see what their bosses make.

Canada
Researcher 1n Motion (Mobile hardware)
$74.5 billion (Rs 2.98 lakh crore)
CEO: Michael Lazaridis/James L Balsillie(co-CEO)
2007 total annual compensation: $549,000 (Rs 2.20 crore) each

US
Exxon-Mobil Corporation (Oil and gas)
Market capitalisation: $475 billion (Rs 19 lakh crore)
CEO: Rex W Tillerson
2007 total annual compensation: $16.73 million (Rs 69.5 crore)

Brazil
PetroBras (Oil and Gas)
Market capitalisation: $283.4 billion (Rs 11.33 lakh crore)
CEO: Jose Sergio Gabrielli De zevedo
2007 total annual compensation: NA

United Kingdom
Royal Dutch Shell (Oil and Gas)
Market capitalisation: $253 billion (Rs 10.12 lakh crore)
CEO: Jerpen Van Der Veer
2007 total annual compensation: $7.1 million (Rs 28.4 crore)

Spain
Telefonica SA (Telecom)
Market capitalisation: $139 billion (Rs 5.56 lakh crore)
CEO: Cesar Alierta Izuel
2007 total annual compensation: $602,000 (Rs 2.41 crore)

France
Total S.A (Oil and gas)
Market capitalisation: $198 billion (Rs 7.92 lakh crore)
CEO: Christophe de Margerie
2007 total annual compensation: $4.17 million (Rs 16.70 crore)

Italy
ENI (Oil and gas)
Market capialisation: $157.5 billion (Rs 6.30 lakh crore)
CEO: Paolo Scaroni
2007 total annual compensation: $2.78 million (Rs 11.12 crore)

Russia
Gazprom (Oil and gas)
Market capitalisation: $350 billion (Rs 14 lakh crore)
CEO: Alexey B Miller
2007 total annual compensation: N.A

China
China mobile (Telecom)
Market capitalisation: $336.7 billion (Rs 13.5 lakh crore)
CEO: Wang Jianzhou
2007 total annual compensation: $1.8 million (Rs 7.2 crore)

Japan
Toyota Motor Corporation (Motor vehicles)
Market capitalisation: $160 billion (Rs 6.40 lakh crore)
President: Kalsuaki Watanabe
2007 total annual compensation: N.A

India
Reliance Industries (Petrochemicals, Refining)
Market capitalisation: $90.2 bllion (Rs 3.60 lakh crore)
CEO: Mukesh D. Ambani
2006-07 total annual compensation: $7 million (Rs 30.5 crore)

ONGC
Market capitalisation: $53 bilion (Rs 2.12 lakh crore)
CEO: R.C Sharma
2006-07 total annual compensation: $31.000 (Rs 13 lakh)

How companies act on global trends

Executives say that global trends have become increasingly important, but few companies are addressing them successfully. Respondents rated developments linked to economic growth in emerging markets, including India and China, and trends related to knowledge and technology as most significant.

 
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Most business executives around the world agree that global, social environmental and business trends are generally more important to corporate strategy than they were five years ago. But relatively few companies act o these trends, and many of those that do appear to be acting tentatively have yet to see significant positive results. However, 77 per cent of the respondents cite growing numbers of consumers in emerging markets as important or very important to global business.

Take for instance the growing number of consumers in emerging economies. Almost eight respondents out of 10 consider this trend important for global business, and six in 10 think it will have a positive impact on their companies' profits.

The Mckinsey survey in March 2008 received 1,306 responses from a worldwide representative sample of business executives, 41 per cent of whom are CEOs, other CXOs, or directors.

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