In Pictures: Who are tech’s highest paid CEOs?

Oracle’s Larry Ellison finally ousted from the top spot on our list of highest paid tech execs. We count them down from 50 to 1. (All figures in $US)

John Chambers, Cisco CEO and chairman

Chambers received compensation valued at $12.9 million in Cisco’s 2011 fiscal year, a period when the company restructured operations, shuttered its Flip videocam business and eliminated more than 12,000 jobs. His total pay package --which is down 32% compared to 2010, when he received $18.9 million -- included a $375,000 salary and equity awards valued at $12.5 million (half of which was forfeited). As a company, Cisco grew sales but saw net income drop in its 2011 fiscal year. Revenue hit $43.2 billion, a gain of 8% compared to $40 billion in 2010. Net income totaled $6.5 billion, which is down 16% from $7.8 billion in the prior year.

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