Mississippi Business Journal » executive compensation

Sony posts losses while CEO earns $8.8M

Associated Press — Fri, 18 Jun 2010 12:15:05 +0000

TOKYO — Sony Corp., which has posted consecutive annual losses, said today its chief executive has received around 800 million yen ($8.8 million) in annual pay. Nearly half of Welsh-born Howard Stringer’s pay came from stock options, said Sony spokeswoman Mami Imada. Stringer’s annual pay in the financial year to March 2010 was made public [...]

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TVA will release executives’ salaries to newspaper

Associated Press — Fri, 14 May 2010 10:59:55 +0000

KNOXVILLE, Tenn. — The Tennessee Valley Authority (TVA) has agreed to release the salaries of top administrators following a request by the Knoxville News Sentinel. The newspaper sought the amount of the salaries through an open records request, but it was initially denied, according to a story published yesterday. David Mould, TVA’s senior vice president for [...]

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Wal-Mart CEO made nearly $20M in FY10

Associated Press — Tue, 20 Apr 2010 11:16:35 +0000

NEW YORK — An Associated Press analysis shows Wal-Mart Stores Inc. CEO Mike Duke received compensation valued at $19.2 million in fiscal 2010. That’s 34 percent less than in fiscal 2009, when he got a hefty stock award ahead of his promotion to CEO. Duke’s base salary was $1.2 million, he got a performance-based bonus [...]

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Northrop CEO pay falls, still makes $17.9M

Associated Press — Mon, 12 Apr 2010 12:33:16 +0000

NEW YORK — The chairman and CEO of defense contractor Northrop Grumman Corp. received a pay package valued at $17.9 million in 2009, a decline of about 7 percent compared with the previous year, according to a regulatory filing last Friday. The bulk of Ronald Sugar’s compensation came from stock and options awards valued at [...]

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Chevron CEO’s pay exceeds $15M

Associated Press — Mon, 05 Apr 2010 14:41:08 +0000

Chevron Corp.’s chairman and CEO received total compensation valued at $15.2 million in 2009, up 10 percent from 2008, as the nation’s second-largest oil company saw its oil production business boom but its refineries struggle. Most of David J. O’Reilly’s compensation bump came in the form of a salary increase and a greater amount of [...]

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Pay czar cuts executives’ compensation

Associated Press — Wed, 24 Mar 2010 11:41:50 +0000

WASHINGTON — The administration’s pay czar said Tuesday that the top 25 earners at five companies still receiving extraordinary aid from the government’s bailout fund will be paid an average 15 percent less in 2010 than in 2009 under his restrictions. The companies include troubled automakers General Motors and Chrysler and insurance giant American International [...]

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Pay czar reviewing executives’ compensation

Associated Press — Mon, 22 Mar 2010 23:54:04 +0000

NEW YORK — The Obama administration’s pay czar is launching a review of compensation for 25 top executives at all financial firms that received federal bailout money, according to three people familiar with the plan. Kenneth Feinberg can seek to renegotiate any pay deemed not in the public’s interest but can’t forcibly recoup funds, government [...]

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Ford CEO makes nearly $18M

Associated Press — Mon, 22 Mar 2010 14:30:37 +0000

DEARBORN, Mich. — Ford Motor Co. president and CEO Alan Mulally made $17.9 million last year, about 1 percent more than the year before, as the company struggled through the worst U.S. auto sales market in decades, according to a calculation by The Associated Press based on government filings. Mulally took a 30 percent pay [...]

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