YOU ARE AT:CarriersSprint CEO highest-paid carrier head

Sprint CEO highest-paid carrier head

Verizon CEO lowest paid

It has been a good year to be the top man at the No. 3 carrier in the U.S. In fewer than eight months on the job, Sprint CEO Marcelo Claure made $22 million, according to a Securities and Exchange Commission filing.

Claure tops the list of the four major mobile carrier heads, due mostly to his lucrative stock options. His base salary is just $923,000 with a $2.4 million bonus. The rest of the $22 million comes from company stock options worth $18 million from when he started last August to March 31. This is in spite of Sprint’s share price falling 36% last year.

Sprint also shelled out $11 million to its former CEO, Dan Hesse. This is reportedly part of an over $40 million severance package that includes cash, stock and options.

AT&T CEO and President Randall Stevenson takes second place with a salary of $24 million for a full year’s work in 2014, according to a report by the Financial Times. Approximately $14 million of that total  came from company equity.

T-Mobile US’ outspoken CEO, John Legere, came in No. 3 with a salary of $19 million.

Approximately $10 million of Legere’s salary came from equity. Last year, he made a whopping $29 million, according to independent investment research firm, Morningstar.

Verizon Communications, which controls the country’s largest carrier in Verizon Wireless, paid its No. 1 man, Lowell Adams, the least at $18 million. Around $12 million of Adams’ salary came from stock and options.

Other high-paid executives include Sprint CTO Joe Euteneuer, who was among the highest-paid non-CEOs at around $8.2 million, and AT&T CEO of mobile and business solutions Ralph de la Vega, who made almost $10 million last year, according to Salary.com.

ABOUT AUTHOR

Joey Jackson
Joey Jacksonhttp://www.RCRWireless.com
[email protected] Joey Jackson is an editor and production manager at RCRWireless.com and RCRtv based in Austin, Texas. Before coming to RCR, Joey was a multimedia journalist for multiple TV news affiliates around the country. He is in charge of custom video production as well as the production of the "Digs," "Gigs," "How it works" and "Tower Stories" segments for RCRtv. He also writes daily about the latest developments in telecom and ICT news. An Oregon native, Joey graduated from the University of Oregon with a degree in journalism and communications. He enjoys telling the stories of the people and companies that are shaping the landscape of the mobile world. Follow him on Twitter at @duck_jackson.