<\/p>\n
$35 million for bogus expense reports? Mark Hurd’s H-P payoff was\u00a0just another routine day in the life of corporate America. How his parachute stacks up against 20 all-time malfeasants.<\/strong><\/p>\n Former Hewlett-Packard CEO Mark Hurd may be hurting from the media swirl around his alleged relationship with a contractor and false expense reports, but his\u00a0wallet will stay fat thanks to a severance package valued at $34.6 million in cash and stock.<\/p>\n And how\u2019s the man Hurd succeeded as America\u2019s favorite entitlement whipping boy, BP CEO Tony Hayward? He was\u00a0exiled to Siberia and will\u00a0leave his post in October\u2014but not without a severance and pension package\u00a0reportedly worth $17 million.<\/p>\n But Hurd and Hayward are hardly the best-paid paragons of corporate misfires. The Daily Beast inspected news reports and Securities & Exchange Commission filings spanning more than 25 years to find the 20 titans of industry who, despite very public professional failings, walked away with tens, even hundreds of millions in cash and stock.<\/p>\n To come up with our list of 20, we separated the leaders of industry into two groups\u2014those who resigned or were fired under the taint of ethics scandals, and those who left because of professional failings. We then combined the 10 highest paid from each group\u2014reflecting the total value of the exit packages\u2014into our final list of 20.<\/p>\n Company<\/strong>: Disney<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$220 million<\/p>\n Company<\/strong>: Pfizer<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$213 million<\/p>\n Company<\/strong>: Home Depot<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$210 million<\/p>\n Company<\/strong>: KB Homes<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$175 million<\/p>\n Company<\/strong>: Merrill Lynch<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$161.5 million<\/p>\n Company<\/strong>: UnitedHealth<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$161 million<\/p>\n Company<\/strong>: Fannie Mae<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$148 million<\/p>\n Company<\/strong>: Disney<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$140 million<\/p>\n Company<\/strong>: Coca-Cola<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$120 million<\/p>\n Company<\/strong>: Morgan Stanley<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$113 million<\/p>\n Company<\/strong>: Enron<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$81 million<\/p>\n Company<\/strong>: Conseco<\/p>\n Total Value of Severance Package<\/strong>: $72 million<\/p>\n Company<\/strong>: Bankers Trust<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$55 million<\/p>\n Company<\/strong>: Tyco<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$45 million<\/p>\n Company<\/strong>: Washington Mutual<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$44 million<\/p>\n Company<\/strong>: Countrywide<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$44 million<\/p>\n Company<\/strong>: Boeing<\/p>\n Total Value of Severance Package<\/strong>: $44 million<\/p>\n Company<\/strong>: Hewlett-Packard<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$40 million<\/p>\n Company<\/strong>: Hewlett-Packard<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$35 million<\/p>\n Company<\/strong>: AIG<\/p>\n Total Value of Severance Package<\/strong>:\u00a0$19 million<\/p>\n source: <\/em>TheDailyBeast<\/a><\/strong><\/p>\n#1, Michael Eisner<\/h2>\n
#2, Henry McKinnell<\/h2>\n
#3, Robert Nardelli<\/h2>\n
#4, Bruce Karatz<\/h2>\n
#5, Stanley O’Neal<\/h2>\n
#6, William McGuire<\/h2>\n
#7, Franklin Raines \/ Fannie Mae<\/h2>\n
#8, Michael Ovitz<\/h2>\n
#9, Douglas Ivester<\/h2>\n
#10, Philip Purcell<\/h2>\n
#11, Kenneth Lay<\/h2>\n
#12, Steve Hilbert<\/h2>\n
#13, Frank Newman<\/h2>\n
#14, Mark H. Swartz<\/h2>\n
#15, Kerry Killinger<\/h2>\n
#16, Angelo Mozilo<\/h2>\n
#17, Harry Stonecipher<\/h2>\n
#18, Carly Fiorina<\/h2>\n
#19, Mark Hurd<\/h2>\n
#20, Martin Sullivan<\/h2>\n