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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (173143)	10/23/2005 1:05:23 PM
From: greenspirit	Read Replies (1) \| Respond to of 281500

Rubin's compensation package By CBS MarketWatch Last Update: 12:24 AM ET March 7, 2000 Tuesday's Top Stories Rubin's retirement plan Compiled by CBS MarketWatch Last Update: NEW YORK (CBS.MW) -- Former Treasury Secretary Robert Rubin received a pay package worth $15 million annually -- plus $18.5 million in stock options -- for joining Citigroup last year as a member of its office of the chairman, the company said in a filing on Monday. However, because Rubin only joined the company on October 26, his actual pay for the 1999 calender year was much lower -- a little under $2.8 million, Citigroup said. Annualized, Rubin's salary and bonus would amount to $15 million a year. Rubin's 1.5 million in share options were worth $18.5 million at the time they were awarded. Only 20 percent of the options vest each year, and Rubin had not exercised any by year's end. Citigroup's chairmen and co-chief executives, Sandy Weill and John Reed, both received $13 million in salary and bonus. Reed did not exercise any share options last year, but Weill did, realizing another $75.6 million in value. Reed, meanwhile, retained options valued at more than $260 million at year's end. Reed said last week he would retire as chairman and co-chief exective of the company effective April 18, when Citigoup holds its annual shareholders meeting. Financial Times marketwatch.com

To: bentway who wrote (173143)	10/23/2005 1:08:02 PM
From: greenspirit	Read Replies (1) \| Respond to of 281500

Al Gore receives 30,000 stock options as Apple director Tuesday, April 1, 2003 AP Former Vice President Al Gore, who was elected last month to Apple Computer Inc.'s board of directors, has been granted the quintessential high-tech perk: stock options. Gore was granted 30,000 stock options with an exercise price of $14.95, according to a regulatory filing released Monday. It's the standard compensation package for outside directors such as Gore, the company said. Under the plan, options vest and can be exercised in three annual installments of 10,000 shares, beginning with the initial election. Gore was elected to the board March 19. Shares of Apple closed Tuesday at $14.16, up 2 cents, on the Nasdaq Stock Market. Gore, who lost the contentious presidential campaign of 2000 to President Bush, served as vice president from 1993 to 2001. As vice president and, earlier, as a congressman, he often focused on high-tech issue and popularized the term "information superhighway." sfgate.com