Human Capital & Careers

From Today’s Proxies: Ball’s Seabrook Gets a Nice Raise

Also, the 2000 pay packages for the CFOs at Lubrizol, Cleco and Corus Bankshares.
Michelle GabrielleMarch 14, 2001

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.