Viacom's Philippe Dauman Is America's Top-Paid CEO, Report Says

Recession? What recession? A New York Times ranking of the top-paid CEOs says media-conglomerate chief made $84.5 million in just 9 months last year

Unemployment is still stuck way above 8 percent, states are laying off teachers, and the federal government just cut $38 billion worth of budget, but America's CEO's are going to be OK.

The New York Times released its annual ranking of the top 200 CEO salaries Sunday, revealing that U.S. corporate profits increased 29.2 percent during the recessionary year of 2010, while the median chief-executive salary for top 200 corporations increased 12 percent to $9.6 million.

Also read From Iger to Dauman to Murdoch, Media Mogul Salaries Swell in 2010

Topping the list of top earners was Viacom CEO Philippe Dauman, who earned $84.5 million in just nine months last year.

Here's the full New York Times report: