Most Outrageous Executive Perks

Forbes.com: Most Outrageous Executive Perks

Annual proxy reports filed with the Securities and Exchange Commission provide a detailed look at the chauffeurs, luxury homes and globetrotting jet travel that some public companies shower on their top executives. With the assistance of Morningstar's Footnoted.com, we detail some the most outrageous perks from this year's proxy season.

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Most Outrageous ... Annual proxy reports filed with the Securities and Exchange Commission provide a detailed look at the chauffeurs, luxury homes and globetrotting jet travel that some public companies shower on their top executives. With the assistance of Morningstar's Footnoted.com, we detail some the most outrageous perks from this year's proxy season.

(Credit: Tom Merton/Getty Images)

More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Flying High Barry Diller of Expedia and IAC/InterActive Corp. wins the King of the Corporate Jet award after racking up $1.28 million in personal flight time. Honorable mention: Melvin and Ellen Gordon of Tootsie-Roll Industries, who spent $1.2 million jetting back and forth from their home to the headquarters in Chicago; and Sears Holding Corp. Chief Louis D'Ambrosio, who spent $793,224 commuting between the Windy City and his home in Philadelphia. What is it about Chicago that nobody wants to live there?

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Executive Dude R... Title-insurance company Fidelity National Financial spent $453,382 entertaining its executives at the Rock Creek Cattle Co., a 28,000-acre “working Montana ranch” that just happens to be owned by Fidelity’s chairman, William P. Foley II. Fidelity National also spent $55,000 at wineries and other businesses owned by Foley, who pulled down $12.5 million in salary and other compensation last year.

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Tax Preparation ... Busy executives need help with their accounting, but this perk has ballooned to outrageous proportions at some companies. Tom Ward of SandRidge Energy reported getting $783,533 worth of "accounting support" from company employees last year. Embattled Chesapeake Energy Chief Aubrey McClendon, who's wrestled with margin calls and a reported billion-dollar personal commitment to company drilling projects, got $250,000 in "personal accounting support."

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Like Fort Knox Top executives need to be protected, but Las Vegas Sands Chairman Sheldon Adelson took home security to a new level, spending $2.6 million on personal security for himself and his family last year. Honorable mention: Amazon spent $1.6 million protecting Jeff Bezos.

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Cadillac Health ... Live Nation Entertainment spent $121,318 on health premiums for Chairman Irving Azoff -- over and above what it spends on most employees. Honorable mention: UltraTech Founder and Chief Executive Arthur Zafiropoulo, who's racked up $164,000 in expenses for lifetime health care over the past two years.

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Luxury Swag MGM Resorts International (MGM) gives directors up to $14,000 in “M life express comps” -- used for perks through MGM’s rewards program -- at company resorts. Honorable mention: Constellation Brands Chairman Richard Sands, who maxed out his $10,000 "product allowance" at the wine and spirits company last year; and nine directors at Dell, who in addition to their $230,000 in fees, equity and perks got computers valued at $903 each.

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Charity Liberty Global gave $223,736 to groups selected by Chairman Michael Fries, including ten grand to an organization that “gave an award to Mr. Fries.” Honorable mention: WebMD gave $1.6 million to the Rose Foundation, where Chairman Martin Wygod is a trustee; Wyndham Worldwide buys each director a $1.1 million life insurance policy, with $1 million of that directed toward the charity of their choice.

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More From Forbes:
Ten Highest Paid CEOs
America's Favorite Bosses
Worst Bosses For The Buck

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
That's Not All! See more of the most outrageous executive perks.

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