|
|
Article: Salary, bonus higher in 2004 for CEO of People's Bank.
- Article from:
- Connecticut Post
- Article date:
- March 19, 2005
|
Copyright informationCOPYRIGHT 2005 Connecticut Post. 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)
|
Byline: Pam Dawkins
Mar. 19--The head of Bridgeport-based People's Bank saw both his salary and bonus increase in 2004, by nearly 7 percent and 20 percent, respectively, according to a proxy statement released Friday.
John A. Klein, the bank's chairman, president and chief executive officer, received $1,774,274 in salary, bonus and a long-term cash payout, up 9 percent from $1,626,069 in 2003. His salary rose from $702,769 to $751,731 and his bonus of $763,350 was up from $634,316 the year before. His long-term incentive compensation, which was based on the bank's performance over three years ending Dec. 31, 2003, fell from $288,984 in 2003 to $259,193.
Klein's ...
Related newspaper, magazine, and journal articles:
|
|
Article: Executives at U.S. Bancorp Received Hefty Restricted-Stock Allotments in 2001.
The Milwaukee Journal Sentinel (Milwaukee, Wisconsin) (via Knight-Ridder/Tribune Business News);
March 6, 2002 ;
402 words
......received hefty allotments of restricted stock, according to 2001 documents...parent company of Firstar Bank, rose 3.4 percent to $975...However, Grundhofer received restricted stock worth nearly $6.2 million...the nation's 10th-biggest bank holding last year when Milwaukee-bas...
|
|