International Business News - Compensation http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The president and chief executive of Cintas Corp., the nation's largest uniform supplier, received compensation valued by the company at $1.36 million in fiscal 2008, an increase of about 2 percent from the previous year, according to a filing Thursday with the U.S. Securities and Exchange Commission. http://www.ibtimes.com/articles/20080904/president-and-ceo-scott-d-farmer-paid-994-692.htm Thu, 04 Sep 2008 16:56:18 EDT Hundreds of former Canadian soldiers will receive compensation for being assigned to participate in atomic bomb tests by the U.S. and British militaries in the 1960s, the Defense Ministry said Tuesday. http://www.ibtimes.com/articles/20080903/ex-canadian-soldiers-to-be-compensated-for-a-tests.htm Wed, 03 Sep 2008 08:36:29 EDT Hundreds of former Canadian soldiers will receive compensation for being assigned to participate in atomic bomb tests by the U.S. and British militaries in the 1960s, the Defense Ministry said Tuesday. http://www.ibtimes.com/articles/20080902/ex-canadian-soldiers-to-be-compensated-for-a-tests.htm Tue, 02 Sep 2008 20:42:28 EDT Italy agreed Saturday to pay Libya US$5 billion as compensation for its 30-year occupation of the country, which ended in 1943. Italian Prime Minister Silvio Berlusconi and Libyan leader Moammar Gadhafi signed a memorandum pledging a US$5 billion compensation package involving construction projects, student grants and pensions for Libyan soldiers who served with the Italians during World War II. http://www.ibtimes.com/articles/20080830/italy-to-compensate-libya-5b-for-colonial-rule.htm Sat, 30 Aug 2008 11:29:22 EDT At least 17 Smithsonian Institution executives with six-figure salaries will see future pay cuts--many in the tens of thousands of dollars--under reforms adopted by the museum complex. http://www.ibtimes.com/articles/20080829/smithsonian-to-make-large-cuts-to-executives-pay.htm Fri, 29 Aug 2008 17:01:27 EDT Procter & Gamble Co. Chief Executive A.G. Lafley's total annual pay fell by nearly 15 percent after the company's internal financial performance slowed at the end of a three-year incentive plan, a regulatory filing Friday shows. http://www.ibtimes.com/articles/20080829/lafleys-pay-falls-for-year.htm Fri, 29 Aug 2008 12:08:33 EDT Oracle Corp. founder Larry Ellison, a longtime fixture on the list of the world's richest people, is now ensconced atop The Associated Press' rankings of the top-paid chief executives in the United States. http://www.ibtimes.com/data/articleimgs/113915-oracle-executive-compensation.jpg http://www.ibtimes.com/articles/20080822/oracles-ellison-grabs-top-spot-on-best-paid-list.htm http://www.ibtimes.com/articles/20080822/oracles-ellison-grabs-top-spot-on-best-paid-list.htm Fri, 22 Aug 2008 05:41:44 EDT Oracle Corp. founder Larry Ellison, a longtime fixture on the list of the world's richest people, is now ensconced atop The Associated Press' rankings of the top-paid chief executives in the United States. http://www.ibtimes.com/data/articleimgs/113615-oracle-executive-compensation.jpg http://www.ibtimes.com/articles/20080821/oracles-ellison-grabs-top-spot-on-best-paid-list.htm http://www.ibtimes.com/articles/20080821/oracles-ellison-grabs-top-spot-on-best-paid-list.htm Thu, 21 Aug 2008 21:38:32 EDT Billionaire Larry Ellison raked in a fiscal 2008 pay package valued at $84.6 million for his work as Oracle Corp.'s chief executive and topped it off with a nearly $544 million windfall from cashing in stock options that he has accumulated during his 31-year reign at the business software maker. http://www.ibtimes.com/articles/20080820/ellison-gets-even-richer-with-84-6m-pay-package.htm Wed, 20 Aug 2008 21:31:29 EDT Rupert Murdoch, chairman and chief executive of the media conglomerate News Corp., received compensation valued at $30.1 million in the fiscal year ended June 30--an increase of 24 percent from a year ago--according to an analysis of a regulatory filing. http://www.ibtimes.com/articles/20080820/news-corp-s-murdoch-2008-compensation-passes-30m.htm Wed, 20 Aug 2008 14:00:38 EDT The chief executive of ConAgra Foods Inc. got a 41 percent pay cut in 2008, receiving compensation the packaged food company valued at $7.9 million for a year the stock price sank roughly 8 percent. http://www.ibtimes.com/articles/20080815/conagra-ceo-gets-41-percent-pay-cut.htm Fri, 15 Aug 2008 15:51:13 EDT Stephen Sanger got a nearly 14 percent raise in his final year as the chairman and chief executive of General Mills Inc., according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080813/retired-general-mills-ceo-sanger-paid-13-8m.htm Wed, 13 Aug 2008 17:01:59 EDT The chief executive of Nike Inc., Mark Parker, earned $7.6 million in total compensation during the 2008 fiscal year, more than doubling his calculated compensation from 2007. http://www.ibtimes.com/articles/20080808/nike-ceo-received-7-6m-in-2008.htm Fri, 08 Aug 2008 20:19:55 EDT Smithfield Foods Corp. President and Chief Executive C. Larry Pope received compensation the company valued at $3.56 million in its fiscal 2008 year, according to a regulatory filing. http://www.ibtimes.com/articles/20080728/smithfield-foods-ceo-gets-3-56m-in-fiscal-2008.htm Mon, 28 Jul 2008 15:03:16 EDT The eldest son of Libyan leader Moammar Gadhafi said Italy will pay billions to compensate the country for three decades of colonial rule, the state-run news agency reported Friday. http://www.ibtimes.com/articles/20080725/libya-italy-will-pay-billions-for-colonial-rule.htm Fri, 25 Jul 2008 08:47:11 EDT H&R Block Inc. on Wednesday laid out the pay and benefits for its new chief executive officer, Russell Smyth. In a securities filing, the Kansas City-based company said Smyth had agreed to a three-year contract with a starting annual salary of $950,000. http://www.ibtimes.com/articles/20080723/new-h-r-block-ceo-to-get-950k-a-year.htm Wed, 23 Jul 2008 18:37:28 EDT Freddie Mac Chairman and Chief Executive Richard Syron pocketed nearly $19.8 million in compensation last year, according to a Securities and Exchange Commission filing Friday, even though the mortgage company's stock lost half its value in 2007. http://www.ibtimes.com/articles/20080718/freddie-mac-ceo-gets-19-8-million-in-2007.htm Fri, 18 Jul 2008 17:30:57 EDT Medtronic Inc., the world's largest medical device maker, paid new Chief Executive Bill Hawkins compensation valued at $7.1 million for fiscal 2008, according to a proxy statement filed Friday. http://www.ibtimes.com/articles/20080718/medtronic-paid-new-ceo-bill-hawkins-7-1-million.htm Fri, 18 Jul 2008 14:32:49 EDT The British government announced Thursday it would double the compensation it offers to seriously injured soldiers, after families complained that payments were too low. http://www.ibtimes.com/articles/20080717/uk-doubles-compensation-for-injured-soldiers.htm Thu, 17 Jul 2008 16:37:41 EDT Robert Sands, chief executive and president of Constellation Brands Inc., drew compensation valued at $6.2 million in its 2008 fiscal year, according to the alcoholic-beverage company's proxy statement Thursday. http://www.ibtimes.com/articles/20080717/constellation-brands-ceo-drew-6-2m-compensation.htm Thu, 17 Jul 2008 18:53:39 EDT