Les is More

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The highest paid CEO working in New York City is not heading up a big Wall Street firm, or a giant bank.

He's watching over CBS. 

CBS’ Leslie Moonves was the city’s highest-paid chief executive officer, earning $60.3 million last year, according to a new report.

The television exec’s salary was $24 million more than any other CEO in the city, and five times more than the average of other top bosses at CBS, Crain’s New York Business reported.

A CBS spokesman defended Moonves’ pay, noting the Tiffany Network has posted record profits under his leadership. The broadcast network’s net income increased 6% and it has claimed the top spot among major television channels in the key 18-to-49-year-old demographic.

Ralph Lauren came in second, earning $36.3 million in 2012, according to just-compiled data by GMI Ratings, an advisory firm.

H/T NY Daily News