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

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.