Thursday, July 7, 2011

CEOs reap huge payouts in 2011, corporate filings show

U.S. workers averaged $46,742 in 2010, up 2.6% from 2009. A June GovernanceMetrics analysis found average compensation among S&P 500 CEOs rose to $12 million in 2010, up 18% from 2009 — and that's not counting the potential multimillion-dollar value of stock or stock options, which are granted at set prices and provide holders profits as stock values rise.

Among CEOs cashing in:

John Hammergren, McKesson Corp. The health care services CEO pulled in $150.7 million, up 190% from 2010's $51.8 million. Hammergren, 52, received $32 million in salary, incentive pay and perks, although $112.1 million came from exercising stock options.

Ralph Lauren. The CEO of fashion powerhouse Polo Ralph Lauren received compensation worth $75.2 million, up 53% from $49.3 million in 2010. That includes a $19.5 million bonus and $37.1 million from stock options gains.

Mark Donegan, Precision Castparts. The parts supplier CEO earned $32.3 million, including $22.4 million from stock options. That's up 58% from 2010's $20.4 million.

Paul Marciano, Guess. The fashion marketer CEO had compensation worth $29.2 million for 2011, including $17 million from options — up 137% from 2010's $12.3 million.

No comments:

Post a Comment