Highest-paid Oregon CEOs earn less

| Print |  Email
Articles - September 2010
Friday, August 20, 2010

0910_CEOpay01 Bonuses plummet and pay slides for the highest-paid public company CEOs

LIST RESEARCH AND STORY BY BRANDON SAWYER

The highest-paid CEOs Oregon public companies shared some of the pink slips and wage cuts that were common across all industries in the past year.

For 2009, the total pay for this year’s Top 40 dropped 5% versus last year’s Top 40, and nearly half the current crop received less compensation than they did the prior year. Bonuses plummeted 59%.

Salaries, non-equity incentives, pension values and other income also fell. The only components that grew were equity stakes: stock awards by 10% and option awards by 19%. Together they account for 45% of our CEO-pay pie, versus just 37% last year. Meanwhile, average stock prices from their companies rose 22% during 2009, no surprise given the market malaise at the end of 2008.

Among the 40 highest-paid top executives, 16 are new to the list: six replaced those from firms that no longer qualify as Oregon-based public companies; while 10 were handed the job in the past year.

Just two of the CEOs are women, Tamara Lundgren (No. 4), the new chief of Schnitzer Steel and Cascade Bancorp’s Patricia Moss (No. 25). The average age is 57, the youngest being 45-year-old Joshua Collins (No. 6) of Blount, and 74-year-old Chester Paulson (No. 38) of Paulson Capital being the oldest.

Nike’s Mark Parker sprinted from fourth to first place, bringing in $13.1 million, while Nike stock appreciated 27% during the fiscal year. Precision Castparts’ Mark Donegan and FLIR’s Earl Lewis traded second and third places, but the biggest climbers by rank were Columbia Sportswear’s Tim Boyle (No. 16) and Patrick Cavanagh of Williams Controls (No. 26). Digimarc’s Mark Davis (No. 27) fell the most with a 91% drop in pay from last year.

0910_CEOpay02 0910_CEOpay03
0910_CEOpay04

 



 

More Articles

Oregon Business expands events portfolio

The Latest
Friday, March 27, 2015
htctfacebookBY OB STAFF

New events series brings magazine to life.


Read more...

The ancient fish that stops bullets

The Latest
Friday, May 08, 2015
hagfishthumbBY CHRIS NOBLE | PHOTOS BY JASON E. KAPLAN

Hagfish may not have evolved much over the last 300 million years, but their protein-heavy slime promises advances in super-materials.


Read more...

5 questions about the FLIR FX

The Latest
Wednesday, April 08, 2015
FLIR-FX-IndoorBY JACOB PALMER | DIGITAL NEWS EDITOR

The Wilsonville-based company is targeting GoPro enthusiasts with its latest release. Is spy gear poised to go mainstream?


Read more...

Shades of Gray

May 2015
Monday, April 27, 2015
BY KIM MOORE

Are we too quick to diagnose corruption?


Read more...

Can small be large?

Linda Baker
Wednesday, April 01, 2015
040115-lindablogthumbBY LINDA BAKER

Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.


Read more...

Energy Stream

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


Read more...

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS