20 of 20
20. Jonathan W. Thayer
Jonathan W. Thayer
Sr. VP and CFO
Constellation Energy (CEG)

Age: 38
2008 Total compensation*: $1.43 million

Thayer worked at Deutsche Bank Securities and SBC Warburg Dillon Read in M&A before joining Constellation, a power and gas utility based in Baltimore with sales of $19.8 billion.

With the recession, Thayer is trying to improve liquidity, which he's already done by repaying a $500 million, 6% fixed-rate bond this fall.

Before joining Deutsche Bank, Thayer worked as operations manager for an AIDS prevention nonprofit in Uganda.

Source: Equilar Inc.

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Last updated February 24 2010: 12:57 PM ET
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Note: *Total compensation includes actual salary received, discretionary and performance-based bonus payouts, the grant-date fair value of new stock and option awards and other compensation. If relevant, other compensation includes severance payments. Equilar Inc., an executive compensation research firm in Redwood Shores, Calif., chart by looking at Fortune 1000 companies with fiscal year ends ranging from July 2008 to June 2009 that filed proxies by October 5, 2009.

Note: To be eligible for the 20 highest paid list, candidates had to be 39 or younger on Nov. 1, 2009.
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