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Article: NEWSPAPER EXECS MAKE WELL-PAID LIST.
- Article from:
- NewsInc
- Article date:
- May 2, 2005
CopyrightCOPYRIGHT 2005 The Cole Group. 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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In the latest of its well-known lists about money and people, last week Forbes magazine released its enumeration of the 500 highest paid top executives of publicly traded companies. The list included newspaper companies Gannett Co. Inc., Knight Ridder, Tribune Co. and The Washington Post Co.
The magazine cuts the list up in a variety of ways, including performance versus pay, which the editors said was an average of six years of total compensation against long-term stock performance, which was compared to not only the overall stock market, but industry peers as well.
The No. One most effective executive was Robert Cole of New Century Financial, whose ...
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