OCTOBER 2007: TOP CEO PAY
TOP CEO PAY
|
2007
|
2006
|
Executive
|
Company
|
Total1
|
Salary
|
Bonus
|
Annual Bonus as a % of Target2
|
Stock Awards3
|
Option Awards3
|
Total Cash Based LTI4
|
All Other Compensation
|
% Change '06-'07
|
$ Change '06-'07
|
|
1
|
NR
|
Mark G. Parker, 49
|
Nike
|
$11,485,109
|
$1,144,231
|
$1,293,890
|
|
$2,313,882
|
$6,025,939
|
$500,000
|
$207,167
|
-
|
-
|
|
2
|
NR
|
Don R. Kania, Ph.D, 52
|
FEI Co.
|
$7,949,917
|
$550,000
|
$750,000
|
|
$2,907,000
|
$3,498,690
|
$0
|
$244,227
|
-
|
-
|
|
3
|
3
|
Mark Donegan, 50
|
Precision Castparts Corp.
|
$7,638,197
|
$975,000
|
$1,353,450
|
|
$0
|
$5,309,047
|
$0
|
$700
|
1%
|
$96,698
|
|
4
|
14
|
John D. Carter, 60
|
Schnitzer Steel Industries
|
$5,421,676
|
$726,461
|
$2,250,000
|
|
$324,245
|
$2,108,340
|
$0
|
$12,630
|
213%
|
$3,691,854
|
|
5
|
40
|
Andrew A. Wiederhorn, 41
|
Fog Cutter Capital Group
|
$4,999,079
|
$519,559
|
$3,157,356
|
|
$0
|
$1,252,500
|
$0
|
$69,664
|
748%
|
$4,409,591
|
|
6
|
5
|
Eric E. Parsons, 58
|
Stancorp Financial Group
|
$3,959,701
|
$725,000
|
$570,575
|
98%
|
$1,853,447
|
$736,248
|
$0
|
$74,431
|
23%
|
$733,775
|
|
7
|
17
|
Walden C. Rhines, 60
|
Mentor Graphics Corp.
|
$3,943,553
|
$613,156
|
$1,729,514
|
275%
|
$0
|
$1,594,283
|
$0
|
$6,600
|
148%
|
$2,350,856
|
|
8
|
16
|
Nicholas Konidaris, 62
|
Electro Scientific Industries
|
$3,404,033
|
$435,069
|
$462,840
|
|
$388,400
|
$2,111,007
|
$0
|
$6,717
|
113%
|
$1,804,184
|
|
9
|
2
|
Earl R. Lewis, 63
|
FLIR Systems
|
$3,004,814
|
$711,539
|
$840,000
|
120%
|
$346,932
|
$1,053,694
|
$0
|
$52,649
|
-76%
|
($9,506,635)
|
|
10
|
4
|
Richard H. Wills, 51
|
Tektronix
|
$2,849,134
|
$648,077
|
$472,900
|
|
$595,800
|
$1,112,380
|
$0
|
$19,977
|
-14%
|
($453,653)
|
|
11
|
NR
|
Peggy Y. Fowler, 55
|
Portland General Electric
|
$2,297,810
|
$537,340
|
$483,355
|
122%
|
$915,000
|
$0
|
$0
|
$362,115
|
-
|
-
|
|
12
|
25
|
Kay L. Toolson, 63
|
Monaco Coach Corp.
|
$2,199,662
|
$900,000
|
$0
|
0%
|
$1,264,267
|
$0
|
$0
|
$35,395
|
123%
|
$1,211,104
|
|
13
|
13
|
William A. Furman, 62
|
The Greenbrier Companies
|
$1,845,000
|
$575,000
|
$862,500
|
|
$0
|
$0
|
$0
|
$407,500
|
4%
|
$62,500
|
|
14
|
34
|
Timothy P. Boyle, 57
|
Columbia Sportswear
|
$1,745,721
|
$739,980
|
$976,800
|
150%
|
$0
|
$0
|
$0
|
$28,941
|
136%
|
$1,005,897
|
|
15
|
NR
|
Stephen A. Skaggs, 61
|
Lattice Semiconductor Corp.
|
$1,612,321
|
$399,996
|
$300,000
|
83%
|
$0
|
$900,030
|
$0
|
$12,295
|
-
|
-
|
|
16
|
22
|
James S. Osterman, 69
|
Blount International
|
$1,584,490
|
$590,385
|
$550,000
|
143%
|
$318,009
|
$0
|
$0
|
$126,096
|
29%
|
$355,860
|
|
17
|
9
|
Scott C. Grout, 44
|
RadiSys Corp.
|
$1,581,387
|
$434,385
|
$218,400
|
67%
|
$363,125
|
$557,617
|
$0
|
$7,860
|
-22%
|
($439,408)
|
|
18
|
15
|
Sidney B. DeBoer, 63
|
Lithia Motors
|
$1,549,552
|
$822,500
|
$441,000
|
|
$0
|
$263,520
|
$0
|
$22,532
|
-7%
|
($121,548)
|
|
19
|
32
|
Denis R. Burger*, 63
|
AVI BioPharma
|
$1,518,333
|
$375,000
|
$0
|
|
$0
|
$1,134,533
|
$0
|
$8,800
|
101%
|
$763,483
|
|
20
|
18
|
Bruce Davis, 54
|
Digimarc Corp.
|
$1,485,171
|
$410,000
|
$257,489
|
84%
|
$219,818
|
$591,264
|
$0
|
$6,600
|
-2%
|
($30,537)
|
|
21
|
8
|
Raymond P. Davis, 57
|
Umpqua Holdings Corp.
|
$1,467,164
|
$673,215
|
$499,669
|
101%
|
$0
|
$223,490
|
$0
|
$70,790
|
-34%
|
($753,322)
|
|
22
|
19
|
Mark S. Dodson, 62
|
Northwest Natural Gas Co.
|
$1,377,299
|
$512,499
|
$373,000
|
193%
|
$279,450
|
$144,624
|
$0
|
$67,726
|
-7%
|
($104,187)
|
|
23
|
NR
|
James C. O’Shea*, 61
|
Bioject Medical Technologies
|
$1,264,521
|
$355,647
|
$0
|
|
$451,300
|
$0
|
$0
|
$457,574
|
-
|
-
|
|
24
|
24
|
Robert D. Sznewajs, 60
|
West Coast Bancorp
|
$1,188,957
|
$340,000
|
$340,000
|
|
$360,250
|
$129,343
|
$0
|
$19,364
|
12%
|
$127,227
|
|
25
|
28
|
Michael Flannery*, 63
|
Pope & Talbot
|
$1,180,615
|
$573,588
|
$526,267
|
|
$45,360
|
$28,800
|
$0
|
$6,600
|
27%
|
$250,266
|
|
26
|
10
|
Robert C. Warren Jr., 58
|
Cascade Corp.
|
$1,127,342
|
$460,000
|
$579,600
|
180%
|
$0
|
$53,340
|
$0
|
$34,402
|
-43%
|
($858,732)
|
|
27
|
20
|
Patricia L. Moss, 53
|
Cascade Bancorp
|
$1,087,943
|
$323,841
|
$388,596
|
200%
|
$339,249
|
$0
|
$0
|
$36,257
|
-23%
|
($319,613)
|
|
28
|
37
|
Saed Mohseni*, 44
|
McCormick & Schmick’s
|
$1,067,731
|
$344,231
|
$262,500
|
100%
|
$461,000
|
$0
|
$0
|
$0
|
68%
|
$430,308
|
|
29
|
39
|
Joseph P. Schneider, 47
|
LaCrosse Footwear
|
$1,003,853
|
$410,000
|
$456,594
|
100%
|
$0
|
$113,980
|
$0
|
$23,279
|
64%
|
$390,758
|
|
30
|
23
|
Jerry A. Duke, 59
|
PW Eagle**
|
$978,766
|
$284,616
|
$206,625
|
153%
|
$98,991
|
$350,736
|
$0
|
$37,798
|
-13%
|
($144,382)
|
|
31
|
26
|
Kenneth L. Tepper*I, 47
|
TRM Corp.
|
$933,291
|
$475,008
|
$409,057
|
|
$41,910
|
$0
|
$0
|
$7,316
|
-4%
|
($36,203)
|
|
32
|
6
|
Gerald K. Perkel, 51
|
Planar Systems
|
$927,346
|
$421,730
|
$479,106
|
|
$0
|
$0
|
$0
|
$26,510
|
-65%
|
($1,722,597)
|
|
33
|
36
|
Ralph G. Quinsey, 51
|
TriQuint Semiconductor
|
$845,368
|
$369,916
|
$87,285
|
137%
|
$0
|
$386,925
|
$0
|
$1,242
|
31%
|
$199,661
|
|
34
|
29
|
Kyle C. Ranson*, 45
|
InFocus Corp.
|
$803,285
|
$525,000
|
$0
|
0%
|
$0
|
$269,828
|
$0
|
$8,457
|
-6%
|
($48,191)
|
|
35
|
38
|
Mark R. Hollinger,* 48
|
Merix Corp.
|
$630,376
|
$330,000
|
$0
|
|
$124,191
|
$169,661
|
$0
|
$6,524
|
2%
|
$10,358
|
|
36
|
27
|
Allen H. Alley*, 52
|
Pixelworks
|
$618,456
|
$306,800
|
$40,896
|
|
$0
|
$156,910
|
$0
|
$113,850
|
-34%
|
($320,686)
|
|
37
|
30
|
Brian W. Dunham, 49
|
Northwest Pipe Co.
|
$609,524
|
$520,000
|
$18,601
|
|
$0
|
$0
|
$0
|
$70,923
|
-28%
|
($239,394)
|
|
38
|
NR
|
Patrick W. Cavanagh, 53
|
Williams Controls
|
$577,842
|
$240,000
|
$240,002
|
|
$89,040
|
$0
|
$0
|
$8,800
|
-
|
-
|
|
39
|
35
|
Roger L. Christensen, 49
|
Columbia Bancorp
|
$565,886
|
$220,000
|
$280,500
|
145%
|
$47,040
|
$0
|
$0
|
$18,346
|
-21%
|
($151,371)
|
|
40
|
12
|
Chester L.F. Paulson, 71
|
Paulson Capital Corp.
|
$462,956
|
$0
|
$137,916
|
100%
|
$0
|
$0
|
$0
|
$325,040
|
-76%
|
($1,490,524)
|
|
41
|
33
|
Paul A. Rosenbaum, 64
|
Rentrak Corp.
|
$459,158
|
$450,000
|
$0
|
|
$0
|
$0
|
$0
|
$9,158
|
-39%
|
($293,589)
|
|
42
|
43
|
Hal M. Brown, 53
|
Pacific Continental Corp.
|
$451,195
|
$234,000
|
$142,560
|
|
$0
|
$46,862
|
$0
|
$27,773
|
24%
|
$86,468
|
|
43
|
31
|
John L. Anhorn, 64
|
PremierWest Bancorp
|
$415,305
|
$226,000
|
$143,000
|
79%
|
$0
|
$0
|
$0
|
$46,305
|
-50%
|
($416,243)
|
|
44
|
45
|
Rodney M. Boucher, 63
|
Microfield Group
|
$312,415
|
$300,000
|
$0
|
|
$0
|
$0
|
$0
|
$12,415
|
8%
|
$22,415
|
|
45
|
44
|
Eric W. Strid, 54
|
Cascade Microtech
|
$307,485
|
$252,692
|
$51,405
|
26%
|
$0
|
$0
|
$0
|
$3,388
|
5%
|
$15,295
|
|
46
|
NR
|
Wayne A. Case, 65
|
Schmitt Industries
|
$294,944
|
$193,546
|
$37,500
|
|
$0
|
$0
|
$0
|
$63,898
|
-
|
-
|
|
47
|
NR
|
Douglas M. Pihl, 67
|
MathStar
|
$274,866
|
$246,000
|
$0
|
|
$0
|
$0
|
$0
|
$28,866
|
-
|
-
|
|
48
|
NR
|
Gary E. Henry, 50
|
Metro One Telecom.
|
$267,071
|
$183,787
|
$83,284
|
|
$0
|
$0
|
$0
|
$0
|
-
|
-
|
|
49
|
NR
|
William V. Humphreys Sr., 59
|
Citizens Bancorp
|
$252,240
|
$202,240
|
$50,000
|
|
$0
|
$0
|
$0
|
$0
|
-
|
-
|
|
50
|
47
|
M. ‘Sreeni’ Sreenivasan*, 58
|
Synthetech
|
$222,510
|
$204,000
|
$0
|
|
$0
|
$0
|
$0
|
$18,510
|
-13%
|
($31,901)
|
Definitions
Stock options
: the right to buy a predetermined number of shares at a
specific price at a future date. The option holder will only
benefit if the stock price exceeds the price at grant. For
purposes of this analysis, SARs (stock appreciate rights) are
also considered options.
Restricted stock:
shares of stock that are earned only after the passage of a set
amount of time. This definition includes restricted stock units
(RSUs).
Performance shares:
shares of stock that are awarded only after certain
company financial targets (earnings per share, total revenue,
etc.) are met. This includes any vehicle denominated in company
shares that are dependent on some performance measure to earn
the right.
Notes
1 Data reflects most recent fiscal year as reported in the
latest company proxy statement. Total direct compensation is
equal to: base salary + annual bonus + stock awards + option
awards + target cash-based LTI + all other compensation.
2 Calculated where target bonus data is available.
3 For companies filing under new SEC disclosure requirements,
equity values represent the grant date fair value. For equity
valuations for companies filing under the old disclosure
requirements, Black-Scholes values were used.
4 For companies filing under new disclosure rules, consists of
target cash-based LTI payments. For companies filing under old
disclosure, amount consists of actual cash-based LTI
payments.
5 Base salary information for partial years has been
annualized.
NOTE: The data for this analysis was compiled by Equilar, a
compensation research firm located in San Mateo, Calif., and
then reviewed by Bill Smith, the compensation office practice
leader at Watson Wyatt.
* No longer serving as CEO.
** Company acquired by J-M Manufacturing of Livingston, N.J.,
in June 2007.
Have an opinion?
Email feedback@oregonbusiness.com
|
|