The Most Overpaid And Underpaid CEOs In Tech

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microsoft ceo satya nadellaAPMicrosoft CEO Satya Nadella

A CEO earning millions of dollars a year isn't necessarily overpaid depending on the size of the company, its industry, and how well the company has performed.

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Which tech CEOs are actually the highest paid and lowest paid according to that standard? We turned to Robin Ferracone, a compensation expert who wrote the book on fair pay (author of "Fair Pay, Fair Play: Aligning Executive Performance and Pay") and asked her. Ferracone is CEO of executive compensation consultancy Farient.

She and her team calculated three-year average pay (from 2011-2013) for us. They included the impact of previous stock grants. They compared that to what their peers earned. And from that they came up with a "Performance Adjusted Compensation" number for each exec.

We ranked the CEOs based on their "Performance Adjusted Compensation."