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Article: Median pay for state's top 100 CEOs rose 59 percent; Restricted stock is gaining favor over options for executive compensation, but there really aren't very many restrictions.(NEWS)(2005 EXECUTIVE COMPENSATION SURVEY)

Article from:
Star Tribune (Minneapolis, MN)
Article date:
May 22, 2006
Author:
Copyright

Byline: Terry Fiedler; Staff Writer

Minnesota CEOs still make less than their peers nationwide. But they're catching up - fast.

Median pay for the 100 highest-paid CEOs in the state jumped 59.3 percent in 2005, to $1.79 million, far above the 15.8 percent gain in April's national survey of 350 CEOs conducted by the Wall Street Journal and Mercer Human Resource Consulting. The Minnesota figures, compiled by the Star Tribune based on securities filings made this year, include salary, bonus and long-term compensation.

The median total CEO pay package in the Journal's national sample is $6 million compared with $1.79 million in Minnesota, but ...

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