Nissan's Ghosn earned $12M in 2010, making him Japan's highest-paid foreign exec

Carlos Ghosn has the honor of being the highest-paid foreign executive of any Japanese company. The Nissan CEO brought home a staggering $12 million for his efforts at the automaker last year alone, which marks a 10-percent increase over his take-home pay last year. For the sake of comparison, The Economic Times reports that Akio Toyoda, the president of Toyota Motor Company, drew just $1.6 million in compensation and stock options last year.

It's not as if Ghosn has been sitting on his hands, though. The executive helped lead Nissan to increase its net profit from $524.6 million from March 2008 to March 2009 to $3.95 billion the following year, and he doesn't seem to be anxious to slow down anytime soon. Ghosn just unveiled a new business plan for Nissan called Power 88, which is supposed to help Nissan capture a total global market share of eight percent. Currently, the automaker holds onto around 5.8 percent of total market share.

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