Monday, March 28, 2011

CSX paid Ward $7.7M in 2010

CSX Corp. CEO, President and Chairman Michael Ward received $7.7 million in compensation from the railroad in 2010, a 9 percent increase from the year before, according to the Associated Press.

His salary rose largely due to a $2.1 million performance-based bonus received after the Jacksonville-based railroad reported $1.56 billion in profit last year. Ward’s base salary is $1.1 million. Click here for a profile on Ward.

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