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All Dollar Amounts in $Thousands.
| Ten Top-Paid CFOs | |||||||
| Executive / Company | 1 | Base Salary | Bonus | Total Annual Comp. | Gain on Option Exercise | Total LT Incen. | Total Direct Comp. |
| Mark H. Swartz, Tyco Intl. | 1 | $769 | $1,400 | $2,169 | $48,840 | $59,444a | $61,613 |
| 1 | Change from 1999 | 2.5% | 1 | -7.7% | 1 | 1 | -20.2% |
| Larry R. Carter, Cisco Sys. | 1 | $386 | $862 | $1,248 | $48,171 | $48,171 | $49,419 |
| 1 | Change from 1999 | 5.2% | 1 | 27.5% | 1 | 1 | 133.9% |
| Michael E. Lehman, Sun Micro. | 1 | $623 | $1,144 | $1,767 | $38,855 | $38,855 | $40,623 |
| 1 | Change from 1999 | 3.8% | 1 | 20.3% | 1 | 1 | 304.1% |
| Robert P. Wayman, Hewlett-Packard | 1 | $845 | $403 | $1,248 | $19,042 | $21,109b | $22,357 |
| 1 | Change from 1999 | -9.1% | 1 | -11.0% | 1 | 1 | 83.9% c |
| Fred D. Anderson, Apple Computer | 1 | $660 | $0 | $660 | $16,822 | $16,825 | $17,482 |
| 1 | Change from 1999 | 9.1% | 1 | 9.1% | 1 | 1 | 426.7% |
| Richard F. Wallman, Honeywell Intl. | 1 | $480 | $235 | $715 | $15,657 | $15,657 | $16,372d |
| 1 | Change from 1999 | 5.3% | 1 | -31.6% | 1 | 1 | 663.7% |
| Wilbur G. Stover Jr., Micron Tech. | 1 | $378 | $1,797e | $2,175e | $13,539 | $13,539e | $15,714e |
| 1 | Change from 1999 | 5.4% | 1 | N/A | 1 | 1 | N/A |
| Joseph R. Bronson, Applied Materials | 1 | $482 | $2,405 | $2,886 | $9,676 | $9,676 | $12,562 |
| 1 | Change from 1999 | 18.1% | 1 | 187.4% | 1 | 1 | 128.1% |
| Richard B. Kelson, Alcoa | 1 | $495 | $570 | $1,065 | $10,449 | $11,336f | $12,401 |
| 1 | Change from 1999 | 9.5% | 1 | -0.7% | 1 | 1 | 79.3% |
| David A. Viniar, Goldman Sachs | 1 | $600g | $10,816h | $11,415g | $0 | $0 | $11,415g |
| 1 | Change from 1999 | N/A | 1 | N/A | 1 | 1 | N/A |
a. Includes $10,603,770 in restricted stock grant.
b. Includes $41,048 in restricted stock grant and $2,026,056 in long-term incentive plan payouts. (LTIP amount reflects full value of performance-based restricted shares earned over a three-year performance period plus a 25% premium for exceeding performance.)
c. Prior year restricted stock grant value excludes $3,614,754 Employment/Transition Agreement awards.
d.Prior RSU grant value calculated as number of shares granted multiplied by stock price at date of grant; assumed RSU grant made on 12/3/99.
e. Includes bonus delayed from 1997.
f. Includes $886,464 in long-term incentive plan payouts.
g. 1999 salary reported only for period subsequent to IPO.
h. Bonus paid in cash ($6,943,900), RSUs ($1,935,800), and stock options ($1,935,800).
Based on a sample of 350 of the largest public companies in terms of revenue that filed corporate proxy statements between July 28, 2000 and April 6, 2001. Figures do not include “All Other Compensation” or “Other Annual Compensation.” Total Direct Compensation is the sum of Total Annual Compensation(TAC) and total long-term incentive compensation(LTI). TAC is base salary plus bonus, while LTI is the gain on options exercised plus the value of restricted-stock grants plus long-term incentive plan payouts.
Compiled by William M. Mercer Inc.
All Dollar Amounts in $Thousands.
| 2000 CFO Compensation at a Selection of Major Companies | |||||||
| High | 75th Percentile | Median | 25th Percentile | Low | Average | Cases | |
| Base Salary | $1,477K | $493K | $410K | $325K | $130K | $426K | 217K |
| Change from 1999 | 47.7% | 12.3% | 6.5% | 4.5% | -54.7% | 8.9% | 141 |
| Bonus | $10,815 | $499 | $300 | $168 | $0 | $466 | 215 |
| Total Annual Comp. | $11,415 | $960 | $714 | $514 | $145 | $897 | 212 |
| Change from 1999 | 187.4% | 27.4% | 9.1% | -2.0% | -52.5% | 12.5% | 139 |
| Gain On Options Exercised | $48,840 | $3,693 | $964 | $128 | $.598 | $4,583 | 66 |
| Restricted Stock Grant Value | $10,604 | $938 | $435 | $138 | $19 | $904 | 66 |
| LT Incentive Plan Payouts | $7,063 | $662 | $274 | $141 | $7 | $697 | 69 |
| Total LT Incentive Comp. | $59,444 | $1,604 | $587 | $169 | $.631 | $2,772 | 148 |
| Total Direct Comp. | $61,612 | $2,059 | $958 | $637 | $145 | $2,755 | 213 |
| Change from 1999 | 970.7% | 74.2% | 12.2% | -27.3% | -89.9% | 48.2% | 139 |
Based on a sample of 350 of the largest public companies in terms of revenue that filed corporate proxy statements between July 28, 2000 and April 6, 2001. Figures do not include “All Other Compensation” or “Other Annual Compensation.” Total Direct Compensation is the sum of Total Annual Compensation(TAC) and total long-term incentive compensation(LTI). TAC is base salary plus bonus, while LTI is the gain on options exercised plus the value of restricted-stock grants plus long-term incentive plan payouts.
Compiled by William M. Mercer Inc.
