| HOME | NEWS ALERTS | SMK RECOMMENDATIONS |

THE GREEDY BUNCH
You Bought. They Sold.

Meet the greediest executives on our list. Of all the officers and directors on our main list, these 25 bigwigs made the most money via stock sales from January 1999 through May 2002.

 

EXECUTIVES

Rank

Name

Title

Company

Amount Sold

1

Philip Anschutz

Director

Qwest Communications

$1.57 billion

2

Ted Waitt

CEO

Gateway

$1.10 billion

3

Henry Samueli

Co-Chairman, CTO

Broadcom

$810 million

4

Henry Nicholas

Co-Chairman, CEO

Broadcom

$799 million

5

John Moores

Chairman

Peregrine Systems

$646 million

6

Gary Winnick

Chairman

Global Crossing

$508 million

7

Steve Case

Chairman

AOL Time Warner

$475 million

8

Sanjiv Sidhu

Chairman, CEO

i2 Technologies

$447 million

9

Naveen Jain

Chairman, CEO

Infospace

$406 million

10

Charles Schwab

Chairman, Co-CEO

Charles Schwab

$353 million

11

John Malone

Former Director

AT&T

$348 million

12

Craig McCaw

Director

Nextel Communications

$343 million

13

Bobby Johnson

Chairman, CEO

Foundry Networks

$308 million

14

Jay Walker

Former Vice Chairman

Priceline

$276 million

15

Lou Pai

Former Division Head

Enron

$270 million

16

Kevin Kalkhoven

Former CEO

JDS Uniphase

$246 million

17

John Chambers

CEO

Cisco Systems

$239 million

18

Joe Nacchio

Former CEO

Qwest Communications

$230 million

19

Bob Pittman

Former COO

AOL Time Warner

$225 million

20

Rob DeSantis

Former EVP

Ariba

$222 million

21

Jim Barksdale

Director

AOL Time Warner

$213 million

22

Danny Pettit

Former CFO

JDS Uniphase

$206 million

23

Keith Krach

Chairman

Ariba

$191 million

24

David Pottruck

Co-CEO

Charles Schwab

$188 million

25

Jozef Straus

CEO

JDS Uniphase

$175 million

Amounts were checked, when possible, with company officials and the officers and directors involved. Amounts include sales by corporations entirely or largely controlled by the sellers, such as Phil Anschutz’s Anschutz Co., Jay Walker’s Walker Digital, and John Moores’ JMI, as well as trusts and stock sales by immediate family. Not included are sales and transfers of stock, sometimes linked to exotic derivatives, that are not recorded as sales by the SEC. The totals here include all sales reported to the SEC, reporting which usually (but not in every case) continues until an officer or a director leaves the company.