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.
 

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

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

23. David Seaton, Fluor Corporation (NEW) 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 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 NBR
Nabors is yet another victim of the commodity downturn, but Petrello earned $14.8 million in 2014.

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

15. Sheldon Adelson, Las Vegas Sands Corp. 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. 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 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.

12. Lisa Su, Advanced Micro Devices, Inc. AMD
High share prices have led to debate over whether or not 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. 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. 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 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 WPX
WPX’s share price is down 67.9 percent since the beginning g of 2014, yet Muncrief earned $17.6 million last year.

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

Related Link: 3 Ways To Profit From Incompetent CEOs

6. James Volker, Whiting Petroleum Corp 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. AVP
Avon’s share price is down 75.2 percent since the beginning of last year as Amazon.com, Inc. AMZN and other online retailers have stolen much of the company’s business. McCoy still earned $10.2 million last year.

4. Joseph Brant, Cobalt International Energy, Inc. CIE
Cobalt’s share price has been cut in half in the past two years, but Brant still earns $10 million per year.

3. Carl Trowell, ENSCO PLC 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. 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 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.