In Brief: Washington Mutual's CEO Received 46% Raise

Kerry K. Killinger, chairman and chief executive of Washington Mutual Inc., got a 46% increase in 1997 compensation from a year earlier, according to the company's proxy statement.

Mr. Killinger was paid salary, bonus, and "other compensation" totaling $1.55 million in 1997, compared with $1.06 million in 1996. In 1997 Washington Mutual acquired Great Western Financial Corp., which doubled the thrift's assets and earlier this month agreed to buy H.F. Ahmanson & Co. In addition to his salary and bonus, Mr. Killinger was granted options on 147,000 shares, raising his options to 569,000. -Aaron Elstein

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