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Nooyi among highest paid CEOs in US: WSJ survey

Boston, May 10 (PTI) PepsiCo's India-born chief Indra Nooyi and Motorola Mobility's Sanjay Jha are among the highest paid CEOs in the US, according to new estimates that say salaries and bonuses for chief executives running 350 major companies surged 11 per cent to USD 9.3 million in 2010.Executives at the biggest US companies saw their pay jump sharply in 2010, as boards rewarded them for strong profit and share-price growth with bigger bonuses and stock grants, the Wall Street Journal said in its latest CEO Compensation survey.According to the companies' proxy statements studied for the Journal by management consultancy Hay Group, the median value of salaries, bonuses and long-term incentive awards for CEOs of 350 major companies grew 11 per cent in 2010. This increase followed a year in which "pay for the top boss was flat at these companies".

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