Thursday, March 21, 2013

Stock market gains create huge payoffs for executives

http://www.usatoday.com/story/money/business/2013/03/20/wall-streets-gains-propelling-huge-options-and-stock-payoffs-for--ceos/2000541/


The run-up in stock prices means that executives holding stock options and restricted shares are marking big gains.



  • Starbucks' Howard Schultz: $103.3 million gain and received vested shares for an additional $10.2 million. That's on top of pay, incentives, stock and other compensation valued at nearly $29 million.
  • Ford's Alan Mulally: $61 million on previously awarded shares that vested last year. That's on top of a compensation package valued at nearly $21 million,
  • Sherwin-Williams' Christopher Connor: $56.4 million, including $49.5 million exercising previously awarded shares.
  • Apple's Tim Cook: $139.7 million from restricted shares that vested last year, reflecting the company's soaring 2012 stock price.


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