2008 Total compensation*: $3.84 million
Davies is the highest-paid executive woman on our list; no wonder she's also among our "Ones to Watch."
Before joining insurance brokerage Aon in 2007 as head of global finance, Davies spent more than a decade at Microsoft, where she most recently oversaw financials of its most profitable sector, the platform and services division.
Those jobs are a world away from her college major: Davies studied aerospace engineering at the University of Queensland.
Source: Equilar Inc.
NEXT: Keith A. Meister
Note: To be eligible for the 20 highest paid list, candidates had to be 39 or younger on Nov. 1, 2009.