Crain's Detroit Business - 2011 Book of Lists - (Page 29)
December 27, 2010
C RAIN’ S DETROIT BUSINESS
Page 29
CRAIN'S LIST: TOP-COMPENSATED CEOS Ranked by fiscal 2009 compensation
Rank Name Company Total compensation 2009 $12,866,654 Salary $1,400,003 Bonus $0 Stock awards $10,974,782 Nonequity incentive/ retirement $0 Other compensation $491,869 Value of options exercised $0 Company's net income 2009/2008 $2,717,000,000 ($14,672,000,000)
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25.
Alan Mulally
Ford Motor Co.
John Plant
9,892,893
1,680,000
0
3,493,788
4,200,000
519,105
0
TRW Automotive Holdings Corp.
73,000,000 (779,000,000)
Robert Rossiter
Lear Corp.
9,056,883
1,240,530
0
1,531,264
5,404,375
880,714
0
814,400,000 B (689,900,000)
Anthony Earley Jr.
DTE Energy Co.
6,798,160
1,200,000
0
3,185,000
2,275,000
138,160
72,660
532,000,000 546,000,000
■ Became executive chairman Oct. 1, 2010. Gerard Anderson became CEO.
David Joos
5,891,596
1,085,000
0
3,149,451
1,605,800
51,345
0
CMS Energy Corp.
■ Retired in May 2010 and became non-executive chairman of the board. John Russell became CEO.
218,000,000 284,000,000
Timothy Manganello
BorgWarner Inc.
5,089,933
946,458
0
946,458
2,997,412
199,605
0
36,400,000 (19,300,000)
Edwin Buker
4,442,189
568,269
500,000
750,000
0
2,623,920
0
Tecumseh Products Co.
■ Terminated in October 2010 after shareholder vote to change board.
(93,400,000) (50,500,000)
Joseph Welch
4,174,028
737,827
1,164,369
634,566
1,488,375
148,891
0
ITC Holdings Corp.
130,900,000 109,208,000
Richard Dugas
Pulte Group Inc.
4,160,684
1,000,000
0
1,308,600
1,799,933
52,151
0
(1,182,567,000) (1,473,113,000)
Timothy Wadhams
Masco Corp.
4,093,106
900,000
0
811,030
2,300,000
82,076
0
(183,000,000) (382,000,000)
José Maria Alapont
Federal-Mogul Corp.
4,034,979
1,500,000
0
0
2,334,252
200,727
0
(45,000,000) (467,900,000)
Roger Penske
3,875,000
1,000,000
0
2,850,000
0
25,000
770,168
Penske Automotive Group Inc.
76,461,000 (411,901,000)
Charles "Chip" McClure Jr.
ArvinMeritor Inc.
3,482,538
1,068,542
0
1,784,043
0
629,953
0
(1,212,000,000) (101,000,000)
David Brandon
3,380,435
917,692
0
508,873
1,770,000
183,870
413,850
Domino's Pizza Inc.
■ Stepped down as CEO March 2010. Patrick Doyle suceeded him.
79,700,000 53,971,000
Donald Stebbins
Visteon Corp.
3,186,595
1,070,000
0
(103,743)
2,098,125
122,213
0
128,000,000 (681,000,000)
Alan Schultz
3,077,895
1,000,000
0
29,700
2,000,000
48,195
8,598,000
Valassis Communications Inc.
66,800,000 (207,491,000)
Richard Smith
3,068,169
800,000
0
0
1,000,000
1,268,169
0
First Mercury Financial Corp. C
44,363,000 40,841,000
Richard E. Dauch
2,436,337
2,156,269
0
167,583
0
112,485
0
American Axle & Manufacturing Holdings Inc.
(253,300,000) (1,224,300,000)
Robert Cubbin
2,307,900
650,000
455,000
580,125
580,125
42,650
0
Meadowbrook Insurance Group Inc.
52,650,000 27,397,000
Robert Taubman
2,088,213
677,625
0
1,371,646
0
38,942
0
Taubman Centers Inc.
(79,161,000) (8,052,000)
Gary Shiffman
1,906,705
621,779
340,000
897,000
0
47,926
0
Sun Communities Inc.
(6,302,000) (34,448,000)
James O'Leary
Kaydon Corp.
1,750,370
726,923
0
1,017,200
0
6,247
0
45,956,000 67,071,000
David Wathen
TriMas Corp.
1,542,200
656,800
0
415,100
259,900
210,400
0
12,730,000 (136,190,000)
Gunther Braun
1,461,430
368,407
0
1,001,140
79,935
11,948
0
Rofin-Sinar Technologies Inc.
9,163,000 63,759,000
Peter Karmanos Jr.
Compuware Corp.
1,442,744
1,200,000
0
49,270
0
193,474
0
140,806,000 139,647,000
Top compensation for CEOs at publicly held companies in Wayne, Oakland, Macomb, Washtenaw and Livingston counties. Incentive plan/retirement column is a total of nonequity incentive plan compensation, nonqualified deferred compensation and change in pension value. NM=not measurable. NA=not available. B Filed Chapter 11 on July 7, 2009, and emerged on Nov. 7, 2009. Figures represent the combined numbers for the period prior to and following its bankruptcy case. C In October 2010, Toronto-based Fairfax Financial Holdings Ltd. announced plans to acquire First Mercury Financial Corp. The transaction is expected to close in the first quarter of 2011. LIST RESEARCHED BY ANDY CHAPELLE
THE BIG PICTURE
Table of Contents for the Digital Edition of Crain's Detroit Business - 2011 Book of Lists
Crain's Detroit Business - 2011 Book of Lists
The Big Picture
10 things to watch in 2011
10 things to remember about 2010
Private 200
Fastest-growing companies
Public school districts
Top-compensated CEOs
Top-compensated non-CEOs
Metro Detroit employers
Wayne County employers
City of Detroit employers
Livingston County employers
Washtenaw County employers
Macomb County employers
Oakland County employers
Publicly held companies
Hispanic-owned businesses
Native American-owned businesses
Asian-owned companies
Black-owned businesses
Woman-owned businesses
The Motor City
Airlines Serving Detroit Metro
Professional Sports Teams
Auto Suppliers
Auto Dealers
Aftermarket Suppliers
Divisions
Defense Contractors
New Economy/Health Care
Family-owned companies
IP law firms
Group health plans
Hospital companies
Physician organizations
Graduate business degrees
Engineering companies
Environmental companies
IT companies
Biotech companies
People/Awards
Salute to Entrepreneurs
CFO Awards
40 Under 40
Best Lawyers
20 in their 20s
Women to Watch
M&A Awards
Most Connected
Finance
Capital campaigns
Accounting firms
Banks and thrifts
Money managers
Business insurance agencies
SBA Lenders
Real Estate/Services
Office furniture dealers
Nonprofits
Meeting facilities
General contractors
Architects
Property managers
Residential brokers
Staffing companies
Logistics firms
Law firms
Classifieds
Index of Companies
Crain's Detroit Business - 2011 Book of Lists
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