NEW YORK - Douglas A. Warner 3d, chairman and chief executive officer of J.P. Morgan & Co., saw his annual bonus nearly quadruple last year to $4.6 million, as 1999 profits doubled over a tumultuous 1998.Mr. Warner's total compensation, excluding grants of options and restricted shares, nearly tripled to $5.3 million, including the bonus and an annual salary of $700,000, which was unchanged from 1998.
Other Morgan executives saw similar boosts in their annual paychecks. Walter A. Gubert, vice chairman, received a salary of $450,000 and a bonus of $4.125 million, together more than triple what he received in 1998. Roberto Mendoza, a vice chairman who recently announced his retirement, received $450,000 in salary and $3.699 million in bonus, nearly triple his pay one year earlier.