Charter CEO is The $6 Million Man
OK -- I couldn't resist that headline. And despite Charter's stock price revival, I still think the original was the better bargain.
From today's St. Louis Business Journal:
The 2006 base salaries for Charter Communications Inc.'s six named executives totaled about $3.3 million, while the executives' total compensation reached $11 million.
Neil Smit, president and chief executive, received $5.9 million in total compensation last year, including a base salary of $1.2 million and stock and option awards totaling $2.95 million.
He also received $1.725 million in incentive plan compensation and $30,316 in all other compensation, which includes $13,504 for personal use of the corporate airplane, $5,804 in relocation expenses and $4,576 in tax advisory services.
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