Oxy's Irani is #1

WSJ's survey finds that annual compensation for the CEOs of 200 major U.S. companies (that's salaries, bonuses, long-term incentives, and grants of stock and stock options) fell in 2009, the second consecutive year of pay declines. The median value was a touch under $7 million, down 0.9 percent from a year earlier. It's mostly about the recession and the public outcry over big pay packages. But bucking the trend was Ray Irani, CEO of L.A.-based Occidental Petroleum, who collected $52.2 million. That makes him the highest paid executive surveyed.