Verizon's CEO Paid $20.3 Million in 2007

It pays to be the CEO of a major telecommunications carrier. AP reports that  Ivan Seidenberg, CEO Verizon of received $20.3 million in compensation in 2007, up slightly from $20.2 million the year before, according to record filings.

Seidenberg’s bonus was $4.2 million, down $52,500 from 2006. His stock award was about the same as in 2006, about $13.1 million, and his salary remained $2.1 million. His compensation in 2007 included perks worth $825,312, including $149,023 in personal use of a company aircraft, and $431,395 in contributions to a deferred-savings plan.

We assume perks may have included any choice of handsets without a contract as well as unlimited voice and data, but when you make that much money we wonder if you even care…