SEPTEMBER 2008: CEO PAY
TOP CEO PAY
While many Oregon workers have resigned themselves to stagnant
wages over the last few years in an uncertain economy,
Oregon’s public company CEOs saw no income dip during the
last fiscal year. For those with reported incomes during the
last two years, average pay leapt 22% in 2007 to $2.1 million.
Salary remains the largest chunk of their money pie, yet
accounts for only about a quarter of their compensation. Other
significant slices (in order of size) are option awards,
non-equity incentive plans, stock awards and changes in pension
value.
Coming off a lucrative year for the company, Precision
Castparts CEO Mark Donegon is the leader of the pack. He earned
almost $3 million more than relative newcomer Mark Parker, CEO
of Nike, the most prominent company headquartered in Oregon.
Schnitzer Steel’s John Carter, NW Natural’s Mark
Dodson and StanCorp Financial’s Eric Parsons all followed
close behind in the $4 million-plus range.
The average age of the list’s CEOs is 57. It includes
only two women: Peggy Fowler (No. 10) of PGE and Cascade
Bancorp’s Patricia Moss (No. 24). Four on the list are no
longer serving as CEO, including Hans Olson (No. 16,
Pixelworks), Mark Hollinger (No. 20, Merix Corp.), Denis Burger
(No. 23, AVI Biopharma) and Eric Strid (No. 40, Cascade
Microtech).
BRANDON SAWYER
|
TOP CEO PAY BY THE NUMBERS
|
TOTAL
|
AVERAGE
|
|
TOTAL COMPENSATION:
|
$82,290,463
|
$2,057,262
|
|
SALARY:
|
$22,034,307
|
$550,858
|
|
BONUS:
|
$6,278,602
|
$156,965
|
|
STOCK AWARD:
|
$11,966,790
|
$306,841
|
|
OPTION AWARD:
|
$17,623,510
|
$440,588
|
|
NON-EQUITY PLAN INCENTIVE:
|
$14,650,251
|
$366,256
|
|
CHANGE IN PENSION VALUE:
|
$7,134,868
|
$178,372
|
|
ALL OTHER COMPENSATION:
|
$2,602,135
|
$65,053
|
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