Selected Salaries in Financial Services
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Published June 6, 2001 |
| Salary | Bonus | Total cash compensation1 | Restricted stock awards | Long-term incentive payouts | Number of options | Option value2 | Total direct compensation3 | Realized upon excercise of options | Value of unexcercised option holdings | Value of | Total equity value | Ownership stake |
Insurers | |||||||||||||
Carl H. Lindner Chairman, CEO, American Financial Group | $950,500 | $950,500 | $950,500 | $184,406,597 | $184,406,597 | 65.54% | |||||||
Gary L. Countryman President, CEO, Liberty Financial | 1,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | |||||||||
Michael I. Roth Chairman, CEO, MONY | 900,000 | 1,100,000 | 2,000,000 | 1,041,667 | 3,041,667 | 1,420,685 | 1,420,685 | 0.21 | |||||
Dean R. OHare Chairman, CEO, Chubb | 1,004,751 | 800,000 | 1,804,751 | 449,862 | 8,210,763 | 10,015,514 | 3,324,035 | 27,281,046 | 13,212,270 | 40,493,316 | 0.53 | ||
David A. Stonecipher Chairman, president, CEO, Jefferson Pilot | 1,012,410 | 1,300,000 | 2,312,410 | 607,446 | 200,000 | 2,814,000 | 5,733,856 | 43,620,313 | 9,086,610 | 52,706,923 | 1.51 | ||
R.H. Eigsti Chairman, CEO, Safeco | 900,000 | 900,000 | - | 900,000 | 22,543 | 903,460 | 3,921,955 | 4,825,415 | 0.36 | ||||
Brian Duperreault Chairman, CEO, ACE Limited, Ace | 875,000 | 2,000,000 | 2,875,000 | 462,000 | 5,022,352 | 7,897,352 | 41,879,022 | 10,082,683 | 51,961,705 | 0.7 | |||
John F. OBrien President, CEO, Allamerica Financial | 900,000 | 939,300 | 1,839,300 | 2,736,875 | 4,576,175 | 3,695,625 | 12,520,460 | 16,216,085 | 0.45 | ||||
Daniel P. Amos President, CEO, AFLAC | 995,000 | 1,626,825 | 2,621,825 | 380,000 | 11,105,112 | 13,726,937 | 16,836,319 | 102,262,632 | 337,936,613 | 440,199,245 | 2.4 | ||
J. Harold Chandler Chairman, President, and CEO, UnumProvident Corp. | 900,000 | 1,400,000 | 2,300,000 | 675,000 | 735,750 | 3,035,750 | 653,872 | 27,047,753 | 27,701,625 | 1.14 | |||
D.W. Leatherdale Chairman, president, and CEO, St. Paul Companies | 1,010,154 | 1,746,000 | 2,756,154 | 125,102 | 202,902 | 2,227,215 | 5,108,471 | 2,863,066 | 37,281,359 | 21,757,696 | 59,039,055 | 0.64 | |
Edward M. Liddy Chairman, president, and CEO, Allstate | 954,167 | 594,083 | 1,548,250 | 2,930,719 | 307,428 | 5,160,240 | 9,639,209 | 7,147,486 | 26,226,198 | 12,908,788 | 39,134,986 | 0.17 | |
Robert H. Benmosche Chairman, CEO, MetLife | 1,000,000 | 3,400,000 | 4,400,000 | 4,484,200 | 8,884,200 | 12,250 | 12,250 | ||||||
M.R. Greenberg Chairman, CEO, American International Group | 1,000,000 | 5,000,000 | 6,000,000 | 23,655,000 | 200,000 | 12,145,527 | 41,800,527 | 29,505,211 | 127,031,474 | 4,608,640,373 | 4,735,671,847 | 2.07 | |
| Salary | Bonus | Total cash compensation1 | Restricted stock awards | Long-term incentive payouts | Number of options | Option value2 | Total direct compensation3 | Realized upon excercise of options | Value of unexcercised option holdings | Value of | Total equity value | Ownership stake |
Broker-Dealers | |||||||||||||
David H. Komansky Chairman, CEO, Merrill Lynch | 700,000 | 15,550,000 | 16,250,000 | 8,380,400 | 314,263 | 7,951,133 | 32,581,533 | 14,469,992 | 219,201,412 | 123,567,508 | 342,768,920 | 0.8 | |
Philip J. Purcell Chairman, CEO, Morgan Stanley Dean Witter | 775,000 | 12,612,500 | 13,387,500 | 8,531,064 | 580,368 | 15,063,735 | 36,982,299 | 52,035,217 | 97,890,385 | 193,048,334 | 290,938,719 | 0.52 | |
R. S. Fuld Jr. Chairman, CEO, Lehman Brothers | 750,000 | 8,750,000 | 9,500,000 | 13,572,896 | 800,000 | 5,212,000 | 28,284,896 | 42,950,000 | 111,998,085 | 190,993,901 | 302,991,986 | 2.87 | |
Henry M. Paulson Jr. Director, chairman, CEO, Goldman Sachs | 600,000 | 14,056,600 | 14,656,600 | 3,866,533 | 139,965 | 3,937,212 | 22,460,345 | 328,342,484 | 328,342,484 | 0.83 | |||
Charles R. Schwab Chairman, co-CEO, Charles Schwab Corp. | 800,004 | 8,101,000 | 8,901,004 | 300,000 | 4,650,350 | 13,551,354 | 19,122,628 | 118,209,377 | 7,551,632,608 | 7,669,841,985 | 19.08 | ||
David S. Pottruck President, co-CEO, Charles Schwab Corp. | 800,004 | 8,101,000 | 8,901,004 | 300,000 | 4,650,350 | 13,551,354 | 63,404,959 | 240,348,283 | 187,690,619 | 428,038,902 | 0.96 | ||
James E. Cayne CEO, president, Bear Stearns | 200,000 | 11,665,172 | 11,865,172 | 9,577,402 | 108,856 | 1,543,426 | 22,986,000 | 520,569 | 211,239,597 | 211,760,166 | 4.3 | ||
Christos M. Cotsakos Chairman, CEO, E- Trade Group | 575,000 | 1,393,676 | 1,968,676 | 2,000,000 | 17,678,075 | 19,646,751 | 25,269,088 | 38,207,432 | 43,751,953 | 81,959,385 | 2.2 | ||
| Salary | Bonus | Total cash compensation1 | Restricted stock awards | Long-term incentive payouts | Number of options | Option value2 | Total direct compensation3 | Realized upon excercise of options | Value of unexcercised option holdings | Value of | Total equity value | Ownership stake |
Other | |||||||||||||
J. Christopher Donahue President, CEO, Federated Investors | 900,000 | 591,346 | 1,491,346 | 531,100 | 6,419,654 | 7,911,000 | 2,149,452 | 386,881,384 | 389,030,836 | 11.2 | |||
H. Golub Chairman, CEO, American Express | 1,000,000 | 3,200,000 | 4,200,000 | 2,630,000 | 1,151,553 | 17,319,320 | 24,149,320 | 21,612,600 | 114,482,642 | 115,698,476 | 230,181,118 | 0.36 | |
Landon H. Rowland Chairman, president, CEO, Stillwell Financial | 787,500 | 787,500 | 481,850 | 6,341,270 | 7,128,770 | 23,818,867 | 180,817,179 | 54,037,488 | 234,854,667 | 2.77 |
Total cash compensation 1 | |||||
David H. Komansky | Merrill Lynch | $16,250,000 | |||
Henry M. Paulson Jr. | Goldman Sachs | 14,656,600 | |||
Philip J. Purcell | Morgan Stanley Dean Witter | 13,387,500 | |||
James E. Cayne | Bear Stearns | 11,865,172 | |||
R.S. Fuld Jr. | Lehman Brothers | 9,500,000 | |||
David S. Pottruck | Charles Schwab Corp | 8,901,004 | |||
Charles R. Schwab | Charles Schwab Corp | 8,901,004 | |||
M.R. Greenberg | American International Group | 6,000,000 | |||
Robert H. Benmosche | MetLife | 4,400,000 | |||
H. Golub | American Express | 4,200,000 | |||
Gary L. Countryman | Liberty Financial | 3,000,000 | |||
Brian Duperreault | ACE Limited, Ace | 2,875,000 | |||
D.W. Leatherdale | St. Paul Companies | 2,756,154 | |||
Daniel P. Amos | AFLAC | 2,621,825 | |||
David A. Stonecipher | Jefferson Pilot | 2,312,410 | |||
J. Harold Chandler | Unumprovident Corp. | 2,300,000 | |||
Michael I. Roth | MONY | 2,000,000 | |||
Christos M. Cotsakos | E-Trade Group | 1,968,676 | |||
John F. OBrien | Allamerica Financial | 1,839,300 | |||
Dean R. OHare | Chubb | 1,804,751 | |||
Edward M. Liddy | Allstate | 1,548,250 | |||
J. Christopher Donahue | Federated Investors | 1,491,346 | |||
Carl H. Lindner | American Financial | 950,500 | |||
R.H. Eigsti | Safeco | 900,000 | |||
Landon H. Rowland | Stillwell Financial | 787,500 | |||
Total direct compensation 3 | |||||
M.R. Greenberg | American International Group | $41,800,527 | |||
Philip J. Purcell | Morgan Stanley Dean Witter | 36,982,299 | |||
David H. Komansky | Merrill Lynch | 32,581,533 | |||
R.S. Fuld Jr | Lehman Brothers | 28,284,896 | |||
H. Golub | American Express | 24,149,320 | |||
James E. Cayne | Bear Stearns | 22,986,000 | |||
Henry M. Paulson Jr., | Goldman Sachs | 22,460,345 | |||
Christos M. Cotsakos | E-Trade Group | 19,646,751 | |||
Daniel P. Amos | AFLAC | 13,726,937 | |||
David S. Pottruck | Charles Schwab Corp. | 13,551,354 | |||
Charles R. Schwab | Charles Schwab Corp. | 13,551,354 | |||
Dean R. OHare | Chubb | 10,015,514 | |||
Edward M. Liddy | Allstate | 9,639,209 | |||
Robert H. Benmosche | MetLife | 8,884,200 | |||
J. Christopher Donahue | Federated Investors | 7,911,000 | |||
Brian Duperreault | ACE Limited, Ace | 7,897,352 | |||
Landon H. Rowland | Stillwell Financial | 7,128,770 | |||
David A. Stonecipher | Jefferson Pilot | 5,733,856 | |||
D.W. Leatherdale | St. Paul Companies | 5,108,471 | |||
John F. OBrien | Allamerica Financial | 4,576,175 | |||
Michael I. Roth | MONY | 3,041,667 | |||
J. Harold Chandler | Unumprovident Corp. | 3,035,750 | |||
Gary L. Countryman | Liberty Financial | 3,000,000 | |||
Carl H. Lindner | American Financial | 950,500 | |||
R.H. Eigsti | Safeco | 900,000 | |||
Value of stock owned | |||||
Charles R. Schwab | Charles Schwab Corp. | $7,551,632,608 | |||
M.R. Greenberg | American International Group | 4,608,640,373 | |||
J. Christopher Donahue | Federated Investors | 386,881,384 | |||
Daniel P. Amos | AFLAC | 337,936,613 | |||
Henry M. Paulson Jr. | Goldman Sachs | 328,342,484 | |||
James E. Cayne | Bear Stearns | 211,239,597 | |||
Philip J. Purcell | Morgan Stanley Dean Witter | 193,048,334 | |||
R.S. Fuld Jr. | Lehman Brothers | 190,993,901 | |||
David S. Pottruck | Charles Schwab Corp. | 187,690,619 | |||
Carl H. Lindner | American Financial | 184,406,597 | |||
David H. Komansky | Merrill Lynch | 123,567,508 | |||
H. Golub | American Express | 115,698,476 | |||
Landon H. Rowland | Stillwell Financial | 54,037,488 | |||
Christos M. Cotsakos | E-Trade Group | 43,751,953 | |||
J. Harold Chandler | Unumprovident Corp. | 27,047,753 | |||
D.W. Leatherdale | St. Paul Companies | 21,757,696 | |||
Dean R. OHare | Chubb | 13,212,270 | |||
Edward M. Liddy | Allstate | 12,908,788 | |||
John F. OBrien | Allamerica Financial | 12,520,460 | |||
Brian Duperreault | ACE Limited, Ace | 10,082,683 | |||
David A. Stonecipher | Jefferson Pilot | 9,086,610 | |||
R.H. Eigsti | Safeco | 3,921,955 | |||
Michael I. Roth | MONY | 1,420,685 | |||
Robert H. Benmosche | MetLife | 12,250 |
1- Sum of salary and bonus.
2 - Option Value as reported in the proxy.
3 - Sum of salary, bonus, restricted stock awards, longterm incentive
payouts, and option value.