Viacom's Philippe Dauman led the list of America's top-paid CEOs in 2010 with an $84.5 million package, but that included stock bonuses for renewing his contract and he got just half as much in 2011.
Still, an Associated Press tally values Dauman's pay package for 2011 at $43 million.
That's based on figures from a document the company filed Friday with the Securities and Exchange Commission.
Another reason Dauman won't be the highest paid CEO for 2011: Tim Cook was awarded a whopping $378 million package when he replaced the late Steve Jobs at the helm of Apple Inc.
The AP's calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.