TECH'S HIGHEST-PAID YOUNG CEOs................................................................................................................................................................................................................................................................................... Nabeel Gareeb, MEMC Electronic Materials Jen-Hsun Huang, Nvidia Second
on the list is Nvidia Corporation co founder Jen-Hsun Huang. Huang founded
graphic chip maker in April 1993 today commands a pay packet of $45.9
million. He has being President, Chief Executive Officer, and a member
on Nvidia's Board since its inception. Under
his leadership, Nvidia emerged as a leading name in programmable graphics
processing technologies and one of the semiconductor industry's largest
fabless companies. Jonathan Schwartz, Sun Microsystems Jonathan Schwartz, chief executive officer and president of Sun Microsystems is the third highest-paid young tech CEO with an annual package of $13.5 million. A member of Sun's board of directors, Schwartz became company's CEO in 2006, succeeding the Sun's co-founder and current chairman of the board, Scott McNealy. Schwartz was promoted to president and chief operating officer in 2004, and managed all operational functions at Sun -- from product development and marketing, to global sales and service.A leader behind many of Sun's open source and standard setting initiatives, Jonathan's been an outspoken advocate for the network as a utility with more than just value for the computing industry -- but as a tool for driving economic, social and political progress. Prior to his position as COO, Schwartz served as Sun's executive vice president for software, its Chief Strategy Officer, and held a variety of leadership positions across product and corporate development.He joined Sun in 1996 after the company acquired Lighthouse Design, where he was CEO and co-founder. Prior to that, Schwartz was with McKinsey & Co. Schwartz received degrees in economics and mathematics from Wesleyan University. Shantanu Narayen, Adobe Systems Dara Khosrowshahi, Expedia Francisco D'Souza, Cognizant
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Topping
the list of highest paid CEOs is 43-year-old Nabeel Gareeb of Pakistani
origin, CEO of chipmaker MEMC Electronic Materials since April 2002
with a total compensation package of $79.6 million. Gareeb
joined MEMC as CEO in April 2002. Gareeb's appointment came after Texas
Pacific Group purchased the company from its German owners in 2001 and
recapitalised the business.Prior
to joining MEMC, Gareeb was the Chief Operating Officer of International
Rectifier Corporation, a leading supplier of power semiconductors, where
he was responsible for worldwide operations, research and development
and marketing.He
joined International Rectifier in 1992 as Vice President of Manufacturing
and subsequently held other senior management positions. Gareeb immigrated
to US from Pakistan more than 25 years ago. He holds an MSc in engineering
management, and a Bachelors in electrical and electronic engineering.
Forty-four-year
old electronics engineer from Hyderabad, Shantanu Narayen, became Adobe's
CEO last year. His annual compensation is at $12 million. Narayen
joined Adobe in January 1998 as Vice President and General Manager of
Adobe's engineering technology group. In January 1999, he was promoted
to Senior Vice President, Worldwide Products and in March 2001 he was
promoted to Executive Vice President, Worldwide Product Marketing and
Development.In January
2005, Narayen was promoted to President and Chief Operating Officer
of Adobe. Prior to joining Adobe, Narayen co-founded Pictra Inc in 1996. Together
with the ex-CEO Bruce Chizen, Narayen spearheaded the $3.4 billion acquisition
of Macromedia Inc in 2005, expanding Adobe's software platform and solutions
and strengthening the company's presence in key markets ranging from
enterprise and vertical industries to mobile devices and multimedia
publishing.Narayen
is a frequent speaker at industry and academic events. He serves on
the Advisory Board of the Haas School of Business, University of California
at Berkeley. Narayen
holds a bachelor's degree in electronics engineering from Osmania University
in India, a master's degree in computer science from Bowling Green State
University, and a master's degree in business administration from the
Haas School of Business.
At
no. five is CEO of Expedia Dara Khosrowshahi with a total compensation
package of is $4.9 million. Founded
as a division of Microsoft in October 1996, Expedia was spun off in
1999. The company was later purchased by USA Networks in 2001. The
39-year-old Khosrowshahi became CEO of Expedia when it spun off from
IAC/InterActiveCorp (IAC) in August 2005. He joined IAC in 1998 as vice
president of strategic planning. Prior to this he worked at Allen &
Company LLC from 1991 to 1998, where he served as vice president from
1995 to 1998. Khosrowshahi
received a BA in engineering from Brown University in 1991.
At
no. six is thiry-nine-year old Francisco D'Souza, president and chief
executive officer of Cognizant. D'Souza who has been the company's President
and CEO since January 2007 has an annual compensation package of $3.7
million.Prior
to this he was the Chief Operating Officer for Cognizant's global delivery,
marketing and sales, business development and client services operations.
He has also led the company's North American and European operations.Earlier,
Francisco held key positions at The Dun & Bradstreet Corporation in
marketing, strategic planning and new business development in Germany,
US and India. Born
in Kenya, he has Bachelors degree from the University of East Asia.
He has also done MBA from Carnegie-Mellon University..