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Article: NWA CEO gets $1.9 million in restricted stock.(BUSINESS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- July 8, 2003
- Author:
CopyrightCOPYRIGHT 2003 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Liz Fedor; Staff Writer
Northwest Airlines CEO Richard Anderson received a restricted stock award valued at about $1.9 million, according to a recent filing with the Securities and Exchange Commission (SEC).
"We are just continuing to follow Northwest's practice of awarding restricted stock as part of our key executive long-term compensation plan," Northwest spokesman Bill Mellon said Monday.
The board of directors approved 2003 compensation packages that will include restricted stock awards for the top five executives. The Eagan-based airline filed five reports on the awards with the SEC on Thursday, but information about Anderson and ...