MutualFundWire.com: 27. Peter Kraus

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Monday, November 22, 2010

27. Peter Kraus

Peter Kraus
AllianceBernstein
CEO

You have to know how to wield influence to get a $25 million salary for just three months of work. The one-time Goldman executive took the payout from Merrill Lynch and then almost immediately jumped ship to AllianceBernstein. Kraus' payout made him a media celebrity. (We get the Barron's profile, but how often is a fund firm CEO mocked in New York Magazine?)

Kraus' immediate task will be to create something at AllianceBernstein that is precious enough to join his now-famous art collection.

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