The $13 million man? (PhillyInc)

The $13 million man?

Campbell Soup Co. (NYSE: CPB) reported to the SEC yesterday that it gave CEO and president Douglas R. Conant total compensation last year worth $13.43 million. That's a lot, and evidently much more than before, although figuring out just how much is tough despite -- or because of -- the SEC's demand for clearer reporting. Campbell said it bumped up his base salary to $1.13 million from $1.07 million. The biggest gain came from $6.49 million in stock awards this year compared with zero (yes, $0) last year. This week's SEC report on its review of compensation disclosures called for clearer reporting, but we may have to wait till next year to see the real trend.

- Thomas Ginsberg

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This page contains a single entry from the blog posted on October 11, 2007 12:01 AM.

The previous post in this blog was Spamtastic, Part II.

The next post in this blog is Rolling Stone's Hot-a-delphia.

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