BUSINESS

Sprint Nextel Executives Top List Of Most Overpaid

11/08/2008 05:12 am ET | Updated May 25, 2011

An investor advisory firm has deemed Sprint Nextel Corp executives the most overpaid in corporate America, with top managers awarded pay valued at nearly $74 million last year when the company struggled.

The mobile communications service provider had the worst 2007 pay-for-performance rating among the Standard & Poor's 500 index of large companies, Glass Lewis & Co said in a study released this week.

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