Thursday, September 18, 2008

Executive Wages

Just for fun

Lehman Brothers CEO Richard S. Fuld, Jr. has a base wage (not counting stock options) of $750,000. In 2004 he received a bonus of $10.25m, in 2005 $14.5m, in 2006 6.25m, but boo hoo in 2007 he didn't get any bonus at all. Total earnings listed here for 4 years $34m

AIG outgoing CEO Martin J. Sullivan (retired June 2008) had a base wage in 2004 of $774,963 and received a bonus of $830,000. In 2005 a wage of $963,462 and a bonus of $6,786,875. 2006 saw a wage of $1m and a bonus of $10.125m. And finally in 2007 a wage of $1m, but a drop in bonus to only $3.625m. Total earnings for 4 years $21,480,300.

Oh yes all this is really gonna hit them hard.

and for even more fun some CEO I'll call R.S. in 2007 received a combined remuneration of around $720,000 (about £400k)

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