American Express chairman and CEO Kenneth I. Chenault earned salary, perks and stock-based awards valued at $36.3 million in 2008, reports The Wall Street Journal. This compensation includes stock and options valued at $34.1 million in early 2008, when shares were trading around $49. American Express stock closed Tuesday at $12.17.
John Stumpf, president and CEO of Wells Fargo is reported to have received $9 million worth of salary, perks, and stock-based awards. The stocks and options were valued at $7.9 million in early 2008.
Nobuyuki Hirano was voted onto the Morgan Stanley board of directors Tuesday. Hirano is currently a director at MUFG and senior managing director of Bank of Tokyo-Mitsubishi UFJ.