Steve and Rudedog: Pfeiffer's salary and bonus' for '97 and '98 were posted by someone over at Raging Bull. The information was copied from an article stated to be at news.com. According to this, E.P.'s base salary was $1.5 million in '98:
[quote begin]
Compaq chief executive Eckhard Pfeiffer received an 18.3 percent
salary raise in 1998, but his overall compensation package paled in
comparison to what he was given the year before.
Pfeiffer, whose total package came to $23.3 million, received a base
salary of $1.5 million and a $3 million bonus, slightly less than the
$3.25 million he received the previous year. Compaq's board
granted Pfeiffer 875,000 stock options at an estimated value of
$17.2 million, based on a 5 percent appreciation, with an exercise
price of $31.25 a share.
By contrast, Pfeiffer received $70.1 million the previous year in a
package that was also largely composed of options. In 1997, Pfeiffer
received 1.75 million options totaling $64.1 million.
Last year's compensation was reduced despite the computer giant's
26.8 percent increase in revenues to $31.2 billion. Compaq also
posted a $2.7 billion net loss during the year because of its Digital
Equipment acquisition and some plant closures, compared with a
profit of $1.85 billion the previous year.
[quote end]
RB URL: ragingbull.com
Lynn |
