0.13%SPY 128.17 
0.54%WM 4.65 20.10%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
PHILADELPHIA - The chief executive of youth apparel retailer American Eagle Outfitters Inc. received a 7.6 percent cut in compensation for 2007 as the company's stock slumped, but he still hauled in $14.4 million.
| AEO | 14.94 |  0.52 |
The Pittsburgh-based company slashed James V. O'Donnell's bonus in half, but offset the decrease with a 32 percent jump in salary and a 4 percent bump in stock and option awards, according to a Friday filing with the Securities and Exchange Commission.
O'Donnell received a salary of $1.35 million, a bonus of $1.78 million and other compensation of $41,308, which includes $15,250 to offset car expenses and $5,222 in club membership fees.
He also received stock and option awards valued at $11.2 million on the date they were granted.
Shares of American Eagle Outfitters rose 3 cents to $18 in midday trading. The stock reached an intraday high of $34.80 in January 2007.
The Associated Press calculations of total pay include executives' salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year.
Radovan Karadzic sent word he plans to defend himself against U.N. genocide char...
"The Dark Knight" made a historical worldwide record of $199.655 million in ticket sales during its first weekend at the theaters, Warn...
Tropical Storm Cristobal headed for the open Atlantic late Sunday as forecasters discontinued tropical storm warnings along the Carolinas. Meanwh...
|
Professional Website Design For Corporate - Get a Free Quote Today
Find the most up to date research from leading investment firms to make the most informed investing decisions
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
