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October 10, 2013
Catz’s responsibilities at the software giant are far-reaching. She has been the company’s president since 2004, a title she now shares with ex-HP chief Mark Hurd. In 2011, she also took on the CFO job — a position she held before, in the mid-2000s. As if that weren’t enough, Catz also heads up the company’s prolific mergers and acquisitions machine. She can take credit for close to 100 deals representing tens of billions of dollars. It’s little wonder, then, that Catz regularly tops the ranks of highest paid women. According to Oracle’s latest proxy, her compensation for the last fiscal year exceeded $50 million.
Not many CEOs can juggle buying a nearly revenueless company (Tumblr) for $1 billion, pose for a glam photo shoot (in Vogue), and devote a weekend to a task more suited to graphic designers (craft a new logo). Suffice it to say, not many CEOs are Marissa Mayer. Investors are happy: the stock is up 111% in the past 12 months, which has, in turn, lifted Mayer’s fortunes. Her 2012 total pay, including stock option awards, was $36.6 million, according to Equilar, a specialist in executive compensation data.
This year the charismatic operating chief launched Lean In, a bestselling book/movement that made her a global celebrity (see related story). And she sent Facebook into the mobile computing game; $2 of every $5 in revenue is from mobile, vs. nothing in 2012.
Meyrowitz has continued the $26-billion-in-revenue retailer’s hot streak: five consecutive years of customer traffic gains, and 17 consecutive years of EPS growth. In September the company launched a new T.J. Maxx e-commerce site.
The “London Whale” disaster triggered multiple investigations, but J.P. Morgan Chase is posting record earnings. Erdoes’s business, with $2.2 trillion under management, is a major contributor. For the first six months of 2013, her unit posted profits of $987 million, a 27% increase.
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