Wednesday, April 16, 2008

CEO and CFO Pay Down in '07

clipped from workforce.com

Most chief executives and chief financial officers saw their cash
compensation decrease last year, but executives at top performing companies
raked in substantially higher cash bonuses, according to an analysis of 2008
proxies by compensation consultant Steven Hall & Partners.

Among the 522 companies that have filed proxies this year, the median cash
compensation paid to CEOs was $1.23 million, a 4.3 percent decrease from the
previous year. CFOs, meanwhile, took home total cash compensation of $550,000,
1.4 percent less than they were paid last year

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