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CEO pay: The details - part 1 of 3.(Focus)(John Plant, of TRW Automotive Holdings Corp.)(Alan Mulally, of Ford Motor Co.)(Roger Penske, of UnitedAuto Group Inc.)(cheif executive officer)
Crain's Detroit Business, May, 2007
Our lists on Pages E6 through E10 show the big picture of executive compensation at local public companies, but some of the more interesting items show up in the footnotes and other details of company proxy statements. Here, then, is a peek at some of the perks and benefits of life at the top, shared by virtue of the SEC's reporting requirements: 1.
John Plant, TRW Automotive Holdings Corp. Plant tops our list primarily because of $8.1 million in increased pension value and $6.5 million from exercising 430,000 stock options. The pension change for Plant, a native of the United Kingdom, included $2.8 million attributable to currency fluctuations between the U.S. dollar and British pound. Plant also received a car allowance of $39,531, financial planning...
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