From a
Matthew Daneman piece in
The Rochester Democrat and Chronicle:
Being the head of a major company often comes with rewards beyond a nice paycheck and oodles of stock.
As part of his 2007 compensation, Eastman Kodak (NYSE: EK) CEO Antonio Perez received $7,000 worth of financial counseling, $24,723 for a security system and personal use of Kodak aircraft valued at $340,007, according to the company's proxy statement.
Securities and Exchange Commission filings by other companies showed 2007 perks including:
- $135,725 moving expense reimbursement for Stephen S. Romaine, CEO of Ithaca-based Tompkins Financial Corp.
- $19,578 to cover taxes for Carl E. Sassano of Transcat Inc. in Ogden, a distributor of calibration equipment.
- $64,825 in perks, including club membership dues, meals and the cost of a Buffalo apartment for M&T Bank CEO Robert G. Wilmers.
- $1,250 clothing allowance for Homi B. Patel, CEO of Hickey Freeman's parent company, Hartmarx Corp.