SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (41103)11/27/1998 9:07:00 PM
From: Fabeyes  Read Replies (1) | Respond to of 53903
 
There was an article in the local paper talking about his salary and it was over 5 million. Also Cnet had a comparison of CEO wages and his was an increase of about 40 some percentage. You will have to remember that not all wages are money but stock, with a loan to purchase and then the loan is forgiven the next year.

In May of 1998, Steve gave himself a raise of $100,000.00 for the good job he was doing. It was stated such in a BOD meeting too.

That is one way Steve would leave Micron. To have his salary cut by 90%. They did talk about the POSSIBLITY of cutting management and directors salaries by 10%, but as far as I know that has never done.



To: Carl R. who wrote (41103)11/27/1998 9:37:00 PM
From: Fabeyes  Read Replies (1) | Respond to of 53903
 
Carl FYI

Posted at 09:28 p.m. PDT; Sunday, June 7, 1998

Top 5 in Northwest

1. Gerry Cameron

Chairman, former chief executive officer

U.S. Bancorp (Portland)

Total compensation #: $21.11 million

In addition to his $350,000 salary and a bonus of nearly $1.8 million, Cameron pocketed nearly $19 million in exercised stock
options and other cash payments connected with the Portland company's $9 billion merger with Minneapolis-based First
Bank System.

2. Cyrus Tsui

Chairman/CEO/president

Lattice Semiconductor (Hillsboro, Ore.)

Total compensation $5.88 million

3. Steven Appleton

Chairman/CEO/president

Micron Technology (Boise)

Total compensation: $5.21 million

4. George Harad

Chairman/CEO

Boise Cascade (Boise)

Total compensation: $3.81 million

5. Phil Condit

Chairman/CEO

Boeing (Seattle)

Total compensation: $3.75 million

# Total compensation includes salary, bonuses, the value of stock options that were exercised, and other perks such as
401(k) plans and company cars.