Title: Chairman and CEO
Compensation: $10.9 million
With more than 30 years at Xerox, it's no surprise that Anne Mulcahy was the right woman to turn the company around. Since taking the helm in 2001, she kept Xerox from the looming
threat of bankruptcy, becoming a favorite corporate success story.
Now she faces new challenges. Though Xerox's revenue was up 2% in 2008 to $17.6 billion, a further slowdown in technology spending this year will likely cut into sales. A stronger
dollar doesn't help, either, as much of Xerox's revenue is generated abroad.
Last year, Xerox announced plans to eliminate 3,000 jobs and targeted annual savings of $250 million. There's more to come, but Mulcahy -- who featured on President Obama's economic
transition team -- is ready.NEXT: Brenda Barnes