9. James Williams, Chief Investment Officer, J. Paul Getty Trust, Los Angeles, CA – $1.2 million
With an estimated endowment of $5.6 billion in 2011, the J. Paul Getty Trust is one of the world’s wealthiest art institution. And even though the organization scaled back on some programs, cut 205 jobs, and raised parking costs for museum visitors during the recession, they still pay their chief investment officer handsomely. Though Mr. Williams, formerly the president of Harbor Capital and pension plan manager at Ford Motor Company, did take a 6 percent pay cut in 2009, he still earned a base salary of $851,760, with an additional $187,653 bonus and $167,106 in other payments in 2011.
