Top CEO Compensation: RI Scores Two Execs

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Top CEO Compensation: RI Scores Two Execs

A comprehensive study commissioned by The New York Times and conducted by Equilar - a leading executive compensation research firm - tracked the compensation of the top 200 CEOs in the US. Rhode Island has two of the top 200 and a few connections to others.

Thomas M. Ryan

CVS Caremark (CVS)
2010 Annual Comp.
$15,456,511
no image Base Salary $1,475,000
Cash Bonus $2,200,000
Stock Granted
$7,125,026
Options Granted
$4,375,004
Other $281,481
2010

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Accumulated Wealth
Total $292,821,134
Equity Holdings $161,725,497
Pension Balance $58,421,831
Deferred Comp. Balance $72,673,806

Biography
Thomas M. Ryan, age 58, Chairman of the Board of CVS Caremark Corporation since November 2007 and Chief Executive Officer of CVS Caremark Corporation since May 1998; President of CVS Caremark Corporation from May 1998 through May 2010 and Chairman of CVS Corporation from April 1999 until March 2007; also a director of Yum! Brands, Inc., a quick service restaurant company. Mr. Ryan will retire as Chief Executive Officer on March 1, 2011 and will serve as non-executive Chairman of the Board until the Company's Annual Meeting of Stockholders in May 2011, at which time he will retire from the Board.

Source: Equilar

Scott C. Donnelly

Textron (TXT)
2010 Annual Comp.
$8,416,283
no image Base Salary $1,000,000
Cash Bonus $1,767,600
Stock Granted
$3,836,253
Options Granted
$1,741,099
Other $71,331
2010

Accumulated Wealth
Total $20,671,939
Equity Holdings $18,793,628
Pension Balance $1,775,335
Deferred Comp. Balance $102,976

Biography
Mr. Donnelly, 49, is Chairman, President and Chief Executive Officer of Textron. Mr. Donnelly joined Textron in June 2008 as Executive Vice President and Chief Operating Officer and was promoted to President and Chief Operating Officer in January 2009. He was appointed to the Board of Directors in October 2009, became Chief Executive Officer of Textron in December 2009 and Chairman of the Board in September 2010. Previously, Mr. Donnelly was the President and CEO of General Electric Company's Aviation business unit, a position he had held since July 2005. GE's Aviation business unit is a $16 billion maker of commercial and military jet engines and components as well as integrated digital, electric power and mechanical systems for aircraft. Prior to July 2005, Mr. Donnelly served as Senior Vice President of GE Global Research, one of the world's largest and most diversified industrial research organizations with facilities in the U.S., India, China and Germany and held various other management positions since joining General Electric in 1989.

Source: Equilar

Other Rhode Island connections of note:

Bank of America CEO Brian Moynihan only scored $1.2 million in compensation.

Amgen's CEO Kevin Sharer scored total compensation of $21.1 million

And, #1 overall on the list - Philippe Dauman of Viacom, just over $84 million

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