Delta execs prepare employees for top executives’ large 2008 compensation numbersATLANTA — Delta Air Lines Inc.’s top two executives sought to prepare employees and investors Wednesday for what they will see when the world’s largest airline operator files its proxy: large total compensation figures for the leaders in 2008, a year in which the company posted a net loss of $8.9 billion. Former Amphenol CEO Loefller received 2008 compensation valued at $2.2 millionNEW YORK — The former chief executive of Amphenol Corp., which makes electronic and fiber optic connectors and cables, received compensation valued at $2.2 million in 2008, a 65 percent decline from a year earlier, according to an Associated Press analysis of figures disclosed in a regulatory filing. Ex-American Home Mortgage CEO settles SEC fraud charges for $2.45 million; other execs accusedWASHINGTON — The former head of American Home Mortgage Investment Corp. has agreed to pay nearly $2.5 million to settle federal civil charges of accounting fraud and concealing the company’s deteriorating finances as the subprime mortgage crisis hit in 2007. TJX’s CEO got compensation last year valued at $6.85 million, up about 15 pct, says AP tallyNEW YORK — Discount retailer TJX Cos. Chief Executive and President Carol Meyrowitz received compensation valued at $6.85 million last year, up 15 percent compared with the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing Monday. Auto retailer CarMax CEO Folliard gets pay package of $2.96M in fiscal 2009RICHMOND, Va. — The chief executive of auto retailer CarMax Inc., Tom Folliard, received a compensation package valued at more than $2.96 million for fiscal 2009, according to an Associated Press analysis of figures in a regulatory filing. Raytheon chief executive’s 2008 compensation package rises 6 percentWASHINGTON — The compensation package for Raytheon Co.’s chief executive rose 6 percent during 2008, according to an Associated Press calculation of figures in a Securities and Exchange Commission filing Friday. Defense contractor Raytheon pay raised 6 percent during 2008WASHINGTON — The compensation for Raytheon Co.’s chief executive rose 6 percent during 2008, according to a regulatory filing Friday of the nation’s fifth-largest defense contractor. King Pharmaceuticals CEO Brian Markison’s compensation falls by nearly half in 2008NEW YORK — King Pharmaceuticals Inc. in 2008 paid its chief executive a little more than half his compensation from the previous year, largely because of a decline in stock and options awards, according to an Associated Press analysis of a regulatory filing. CEO of Ingersoll-Rand gets 2008 pay package of $8.2 million, says AP tally; bonus loweredHARTFORD, Conn. — Ingersoll-Rand Co. Chairman and Chief Executive Herbert L. Henkel received 2008 compensation valued at $11.4 million, up about 7 percent year-over-year, according to Associated Press calculations of data filed with regulators Wednesday. Chesapeake CEO McClendon gets 2008 pay package valued at $112.5M, including $75M awardNEW YORK — Aubrey McClendon, the CEO of Chesapeake Energy Corp. who was forced to sell almost all his equity holdings in the company in October to cover a margin loan call, was given a huge incentive award at the end of 2008 that boosted his total compensation for the year to $112.5 million, according to an Associated Press analysis of data filed with regulators. That’s more than four times higher than his pay package a year earlier. |
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