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December 31, 2007

CEO Compensation Roundup

The firestorm over executive compensation isn't likely to cool off anytime soon, especially in light of recent filings with the Securities and Exchange Commission showing what top executives are pocketing this year.

 

  • Goldman Sachs Chairman and CEO Lloyd Blankfein will take home nearly $68 million in restricted stock, options and cash, making it the largest bonus ever given to a Wall Street CEO, according to CNNMoney.
  • Tyson Foods CEO Richard Bond, who also serves as president of the world's largest meat processing company, received compensation valued by the company at about $24.6 million in fiscal 2007, according to the proxy statement filed with the SEC, as reported by the Associated Press. Bond received a base salary of $1.2 million. He was not paid a bonus but did receive about $1.7 million in non-equity incentive plan compensation. He then received $42,508 in above-market earnings on deferred compensation.
  • Capital One President and CEO Richard Fairbank will receive stock options worth an estimated $17 million for 2008, in place of any salary, annual cash incentive or long-term incentives, according to CapOne’s regulatory filing, as reported by Washington Business Journal.
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