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The 25 Worst Performing CEOs In The Country

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The 25 Worst Performing CEOs In The Country

FindTheCompany recently compiled its list of the 25 worst performing CEOs in the country. Here’s a look at the names that made the list.

Bottom 25

25. Martin Richenhagen, AGCO Corporation (NYSE: AGCO)

AGCO’s share price declined 22 percent in 2014, and Richenhagen collected $10.7 million in compensation.

24. Robert Lawler, Chesapeake Energy Corporation (NYSE: CHK)

Chesapeake Energy’s share price has plunged throughout the commodity downturn, but Lawler is doing just fine, earning $14.7 million per year.

Related Link: 3 Ways To Profit From Incompetent CEOs

23. David Seaton, Fluor Corporation (NEW) (NYSE: FLR)

Fluor’s stock is down 41.8 percent since the beginning of 2014, but Seaton’s paycheck remains $12 million per year.

22. David DeWalt, FireEye Inc (NASDAQ: FEYE)

After a period in which cybersecurity stocks were white hot, FireEye’s stock has gone ice cold, falling 31.8 percent in 2015. Regardless, DeWalt is taking home $13.6 million per year.

21. Anthony Petrello, Nabors Industries Ltd. (NYSE: NBR)

Nabors is yet another victim of the commodity downturn, but Petrello earned $14.8 million in 2014.

20. David Zaslav, Discovery Communications Inc. (NASDAQ: DISCA)

Since the beginning of 2014, the company’s stock is down 14.6 percent. However, Zaslav earned an incredible $156 million in cash and stock in 2014.

19. Bernard Duroc-Danner, Weatherford International Plc (NYSE: WFT)

Oil and gas is a recurring theme, and Weatherford’s two-year 19.7 percent decline coupled with its CEO’s $14.9 million salary earns Duroc-Danner a spot on the list.

18. Stephen Wynn, Wynn Resorts, Limited (NASDAQ: WYNN)

Slumping gaming revenue in Macau has sent Wynn’s share price plummeting 54.6 percent since the beginning of 2014, yet Wynn took home $25.3 million in compensation last year.

17. Andrew Inglis, Kosmos Energy Ltd (NYSE: KOS)

Kosmos is yet another victim of the oil and gas downturn, but Inglis drew $12.4 million in compensation in 2014.

16. Ram Chary, Everi Holdings Inc (NYSE: EVRI)

Everi provides slot machines and gambling equipment to casinos run by Wynn Resorts and other operators, and the issue has suffered from the Macau downturn. Chary, however, took home $11.7 million last year.

15. Sheldon Adelson, Las Vegas Sands Corp. (NYSE: LVS)

Las Vegas Sands is another casino company with major exposure to Macau, but falling share prices haven't kept Adelson from taking home $12 million per year in compensation.

14. Harold Hamm, Continental Resources, Inc. (NYSE: CLR)

Continental’s share price boomed and busted right along with the North Dakota oil frenzy. Hamm earned $10.8 million in compensation last year as Continental’s share price tanked.

13. Steven Mueller, Southwestern Energy Company (NYSE: SWN)

Southwestern’s share price nosedived 30 percent in 2014 and 67 percent so far in 2015, yet Mueller earns $11.5 million per year.

Related Link: Jamie Dimon: Being A Good CEO Does Not Make You A Good Politician

12. Lisa Su, Advanced Micro Devices, Inc. (NASDAQ: AMD)

High share prices have led to debate over whether the world is experiencing another tech bubble, but you sure wouldn’t know it from Advance’s $2.36 price. Nevertheless, Su earns $11.7 million per year.

11. Adam Miller, Cornerstone OnDemand, Inc. (NASDAQ: CSOD)

After a strong 2013, Cornerstone’s stock is down 32.1 percent since the beginning of 2014, yet Miller earns $11 million in compensation per year.

10. Jeffrey Ventura, Range Resources Corp. (NYSE: RRC)

Range’s share price declined 35 percent in 2014 and an additional 42 percent so far in 2015. Ventura earns $10.7 million per year.

9. Richard Adkerson, Freeport-McMoran Inc (NYSE: FCX)

Slumping gold and copper prices have put the company’s share price in the single digits, but Adkerson’s compensation remains eight figures: $10.1 million.

8. Richard Muncrief, WPX Energy Inc (NYSE: WPX)

WPX’s share price is down 67.9 percent since the beginning of 2014, yet Muncrief earned $17.6 million last year.

7. Peter Carlino, Gaming and Leisure Properties Inc (NASDAQ: GLPI)

Gaming and Leisure owns 20 casino properties, which have underperformed in recent years. Carlino earned $20.6 million in 2014.

6. James Volker, Whiting Petroleum Corp (NYSE: WLL)

Whiting is yet another victim of collapsing oil prices, but CEO Volker took home $12.7 million in 2014.

5. Sherilyn McCoy, Avon Products, Inc. (NYSE: AVP)
Avon’s share price is down 75.2 percent since the beginning of last year, as Amazon.com, Inc. (NASDAQ: AMZN) and other online retailers have stolen much of the company’s business. However, McCoy still earned $10.2 million last year.

4. Joseph Bryant, Cobalt International Energy, Inc. (NYSE: CIE)

Cobalt’s share price has been cut in half in the past two years, but Bryant still earns $10 million per year.

3. Carl Trowell, ENSCO PLC (NYSE: ESV)

The oil downturn has been especially hard on offshore drillers, and ENSCO’s stock is now down more than 40 percent in consecutive years. Trowell, however, still earns $10.3 million annually.

2. Philip Asherman, Chicago Bridge & Iron Company N.V. (NYSE: CBI)

Chicago Bridge & Iron is another company that has lost half of its market cap since the start of 2014, yet Asherman earned $143 million last year.

1. Mark Ellis, Linn Energy LLC (NASDAQ: LINE)

Linn’s share price dropped 67 percent in 2014 and an additional 80 percent in 2015. All the while, Ellis has been pocketing a salary of $10 million per year, giving him the dubious distinction as FindTheCompany’s worst performing CEO in the country.

Disclosure: The author owns shares of Wynn Resorts, Weatherford and Whiting Petroleum.

Image Credit: Public Domain

 

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