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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
 Monday, June 09, 2008
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.

Monday, June 09, 2008 5:45:39 PM UTC  #    Comments [0]  |  Trackback
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