Here are the 2000 pay packages for the senior financial executives at four public companies that recently registered their proxies with the Securities and Exchange Commission (SEC).
- Ball Corp.’s SVP and CFO Raymond J. Seabrook earned $272,431 in salary, $283,987 in bonus and $46,788 in all other compensation in 2000, according to the Broomfield, Colo.-based company’s recently released proxy filing. Total Compensation: $603,306. In 1999, Seabrook took home $238,000 in salary, $273,332 in bonus, $43,748 in all other compensation and $153,090 in exercised options at the aluminum beverage can maker. On March 7, Morgan Stanley Dean Witter raised its rating on Ball Corp. to “outperform” from “neutral.”
- Cleco Corp.’s SVP/Financial Services and CFO Thomas J. Howlin earned $192,000 in salary, $105,152 in bonus and $17,972 in all other compensation in 2000, according to the company’s recently released proxy filing. Total Compensation: $315,124. In the previous year, Howlin earned $174,007 in salary, $80,459 in bonus and $12,929 in all other compensation at the Pineville, La.-based utility provider.
- Lubrizol Corp.’s VP, treasurer and CFO C.P. Cooley took home $277,752 in salary, $117,000 in bonus and $17,893 in all other compensation. Total Compensation: $412,645. In the previous year, Cooley earned $264,570 in salary, $220,000 in bonus and $5,567 in all other compensation, at the Wickliffe, Ohio-based maker of additives for fuels and lubricants.
- Corus Bankshares Inc.’s CFO Tim H. Taylor took home $225,000 in salary, another $225,000 in bonus, $1,500 in other compensation and $318,020 in exercised options, according to the company’s recently released proxy filing. Total Compensation: $769,520. In 1999, Taylor earned $200,000 in salary, $150,000 in bonus and $1,500 in other compensation at the Chicago, Ill.-based loan provider.