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Of 14 $1 million-plus CEOs, who best earned their paychecks?

Ever wonder who among our top paid CEOs of Tampa Bay area companies is worth those supersized paychecks? Here's a ranking — and a little perspective — of the total compensation of 14 top executives here who received at least $1 million in 2011.

Let's compare those sums with how much their companies earned in net income last year. (Two of the 14 companies lost money.) Admittedly, this is a simple snapshot of a more complex picture. But it sheds some light on those most deserving last year.

1. $11.7 million went to David Dunkel, CEO of Tampa staffing company Kforce, which earned just over $27 million last year. His pay equaled 43 percent of annual earnings.

2. $10.3 million went to Tim Main, CEO of St. Petersburg's Jabil Circuit with more than 120,000 employees worldwide and $381 million earned. His pay equaled 2.7 percent of annual earnings.

3. $8.5 million went to Liz Smith, CEO of Tampa's OSI Restaurant Partners, whose Outback Steakhouse, Carrabba's Italian Grill and other restaurant chains generated $100 million in earnings. Her pay equaled 8.5 percent of annual earnings.

4. $6.2 million went to Mindy Grossman, CEO of St. Petersburg's HSN, which earned $123 million last year. Her pay equaled 5 percent of annual earnings.

5. $5 million went to John Ramil, CEO of Tampa's TECO Energy, which earned $273 million last year. His pay equaled 1.8 percent of annual earnings.

6. $4.3 million went to Bob Dutkowsky, CEO of Clearwater's Tech Data Corp., which earned $206 million last year. His pay equaled 2.1 percent of annual earnings.

7. $4.2 million went to Alec Cunningham, CEO of Tampa's WellCare Health Plans, which earned $264 million last year. His pay equaled 1.6 percent of annual earnings.

8. $3.7 million went to Paul Reilly, CEO of St. Petersburg's Raymond James Financial, which earned $278 million last year. His pay equaled 1.3 percent of annual earnings.

9. $3.4 million went to Mark. J. O'Brien, CEO of Tampa mortgage finance firm Walter Investment Management, which lost $69 million last year.

10. $3.3 million went to J. Powell Brown, former CEO of Tampa and Daytona Beach-based insurance intermediary Brown & Brown, which earned $164 million last year. His pay equaled 2 percent of annual earnings.

11. $3 million went to Chuck Sykes, CEO of Tampa international call center operator Sykes Enterprises, which earned $48 million last year. His pay equaled 6.25 percent of annual earnings.

12. $2.15 million went to Jerry Fowden, CEO of Toronto and Tampa-based Cott Corp., a major beverage brand provider which earned $37.6 million last year. His pay equaled 5.7 percent of annual earnings.

13. $1.01 million went to Greg Stemm, CEO of Tampa underseas treasure hunter Odyssey Marine Exploration, which lost $16 million last year.

14. $1 million went to William Crenshaw, CEO of Lakeland's Publix Super Markets, Florida's No. 1 supermarket chain, which earned $1.5 billion last year. His pay equaled 0.06 percent of annual earnings.

Contact Robert Trigaux at

Of 14 $1 million-plus CEOs, who best earned their paychecks? 05/23/12 [Last modified: Wednesday, May 23, 2012 8:44pm]
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