2006 Compensation: $3,232,021
Doug Hutcheson accepted the position of CFO and EVP of Leap Wireless in 2004--just a few days before the company filed for bankruptcy. He didn’t have a background in financial management. After an impressive turnaround, the company appointed Hutcheson CEO a year later.
Links:
[1] http://www.fiercewireless.com/special-reports/michael-gallagher-fibertower-ceo
[2] http://www.fiercewireless.com/special-reports/executive-pay
[3] http://www.fiercewireless.com/special-reports/steven-dussek-dobson-ceo