Highlights
News, articles and information about private company and public company executive compensation, including salary and stock options.
News, articles and information about private company and public company executive compensation, including salary and stock options.
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$1.34 billion in rebates because of health care reform
Insurance companies are expected to pay out nearly $1.3 billion in rebates this summer because they haven't complied with a provision under health care reform that they devote more money to health care and less on administrative costs and profit,...Tags: Government Health Care, Companies and Corporations, Consumers, Health Care Reform (2009), Health Insurance
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Constellation CEO pay increases 11 percent last year
Mayo A. Shattuck IlI -- who successfully engineered the sale of Constellation Energy Group to Chicago-based Exelon Corp. – took in $17.3 million in total compensation last year, a nearly 11 percent increase from 2010. Shattuck's base salary of $1.3...Tags: Constellation Energy Group, Exelon Corp., Mayo A. Shattuck III
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RG Steel cuts salaries
RG Steel LLC is cutting the salaries of managers and executives, including those at Sparrows Point in Baltimore County, because of weak economic conditions.
The company sent a letter to employees Monday that said it would temporarily slash the pay of...Tags: Companies and Corporations, Employees, 401K
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Political Notebook: Congressman Frank rallies local Obama group
U.S. Rep. Barney Frank is not running for re-election this year, but he has an idea for a bumper sticker his fellow Democrats can use in their campaigns: "We're not perfect, but they're nuts." The joke, one of several jabs the Massachusetts Democrat took...
Tags: Christopher Dodd, Howard County, Ken Ulman, U.S. House of Representatives, Parties and Movements
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Archibald, Stanley Black & Decker's chairman, was paid $64.4 million last year
Even after Stanley Black & Decker shareholders rejected the tool and security company's executive pay plan last spring, the company paid Nolan D. Archibald, its executive chairman and the former CEO of Black & Decker, a total of $64.4 million in 2011....Tags: Annual and Special Corporate Meetings, Financial Planning, Stanley Works, Corporate Officers, Shareholders
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Harford native joins Redmer Insurance Group
Redmer Insurance Group has named Bel Air native Kelly Mee as manager of commercial lines insurance. Mee, a Baldwin resident who is a licensed insurance agent, brings 22 years of experience in administrative, personnel and financial settings. At Redmer...Tags: Towson University, Pension and Welfare, Interior Policy, Insurance
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Sinclair CEO's compensation rose 16 percent
Sinclair Broadcast Group's chief executive, David D. Smith, earned $4.2 million last year, a 16 percent increase that included more than $2 million in stock option awards, the Hunt Valley-based broadcaster reported. Compensation for Smith, who is also...Tags: Music, Hunt Valley, Companies and Corporations, Sinclair Broadcast Group Inc., Concerts
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Convert defense cuts into civilian benefits
Weapons-makers, ideologues and Defense Secretary Leon Panetta are busy whipping up fears in reaction to scheduled reductions in our bloated military budget. Don't be fooled. These cuts will not put our security at risk, though they will cut into profits...Tags: NATO, Defense, Finance, Afghanistan, Russia
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Cummings launches probe of for-profit schools
Rep. Elijah E. Cummings said Monday he is launching an investigation into the salaries and bonuses paid to the top executives of for-profit colleges, noting that a majority of their revenue comes from students who are receiving federal tuition aid....Tags: Annapolis, Colleges and Universities, Teaching and Learning, Strayer Education Incorporated, Students
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Report: Stevenson chief among highest-paid at private colleges
Stevenson University had the highest income disparity between its president — who made $1.49 million in 2009 — and rank-and-file professors, according to a salary survey of hundreds of institutions released Monday by The Chronicle of Higher...Tags: Washington College (Maryland), Colleges and Universities, Teaching and Learning, Johns Hopkins University, Teachers
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Harford County Native Rossilli Joins Redmer Insurance Group
Redmer Insurance Group has named Caesar Rossilli, a Harford County native and Kingsville resident, personal lines manager. Rossilli is a 17-year veteran of the insurance industry. At Redmer Insurance Group, he oversees the sale of personal lines...Tags: Financial and Business Services, Towson University, Financial and Business Services, Harford County, Pension and Welfare
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Will BGE remember the lessons of Irene?
One reason people choose to live in Maryland is the absence of the kinds of natural catastrophes that plague so many other locales. Here, we have little to fear from Japanese-style tsunamis, Midwest-style tornadoes or (the recent tremor notwithstanding)...Tags: Natural Disasters, Radio, Manufacturing and Engineering, Baltimore County, Heavy Engineering
Apr 27, 2012
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Apr 27, 2012
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May 3, 2012
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Apr 19, 2012
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Mar 20, 2012
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Apr 9, 2012
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Apr 17, 2012
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Dec 15, 2011
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Dec 12, 2011
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Dec 5, 2011
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Feb 6, 2012
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Sep 26, 2011
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