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EDF questions energy chiefs on second day of merger hearings
Constellation Energy's second-largest shareholder and a partner in its nuclear business grilled the Baltimore company's chairman and chief executive, Mayo A. Shattuck III, about his compensation and proposed role at Exelon Corp. during the second day of...Tags: Mergers, Acquisitions and Takeovers, Restructuring and Recapitalization, Exelon Corp., Employees, Lawyers
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CEO pay on the rise again
The pay cuts didn't last long.
Chief executives of publicly traded companies in Maryland and across corporate America saw their compensation rebound in 2010 as profits came back and the stock market recovered much of the ground it lost in the recession....Tags: Barack Obama, Sinclair Broadcast Group Inc., Constellation Energy Group, Stock Market, Awards and Prizes
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T. Rowe Price executives got pay raise last year
Baltimore-based T. Rowe Price Group raised Chief Executive Officer James A.C. Kennedy's total compensation by nearly 51 percent to $7.1 million last year when the company posted record assets under management, net revenue and profit. Kennedy's base...Tags: Finance, Shareholders, T. Rowe Price Group Incorporated, T. Rowe Price, Companies and Corporations
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CEOs paid more even as profits fall
Chief executives of public companies have long had a ready answer when criticized about high pay: It's all about company performance.
That argument has been put to the test by the toughest financial environment since the Great Depression. If...Tags: Sinclair Broadcast Group Inc., Retirement, Annual and Special Corporate Meetings, W.R. Grace & Co., Legg Mason, Inc.
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How we did it
The Sun's report on corporate chief-executive compensation in Maryland is based on data gathered by Aon Corp., a global benefits consulting firm based in Chicago, under a contract with Tribune Co. newspapers. Aon obtained the data from the most recent...Tags: Prices, Aon PLC, CEO Pay, Retirement, Corporate Performance
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Rules for deducting casualty losses
Special to Baltimoresun.comBaltimoresun.com's tax-advice column features three experts from the Hunt Valley accounting firm SC&H Group answering questions about preparing your return every Monday until April 17. To be included in the following weeks, please use the form at the...Tags: Hospitals and Clinics, Homes, Internal Revenue Service, Annapolis, Glen Burnie
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Retiring is a time for hefty rewards
Sun StaffWith their seven-figure salaries and even larger bonuses, CEOs can buy some of the finer things in life, and put away a tidy sum for retirement. Often, however, they don't have to. Executive perks in Maryland, according to company filings, include...Tags: Retirement, Bars and Clubs, University of Notre Dame, Pension and Welfare, Cleveland Clinic
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Once-hot stock option programs losing some luster
Sun StaffIt wasn't so long ago that stock options were the equivalent of corporate America's lottery. That still may the case be for a handful of Maryland executives. Among those who got mega-grants last year, Coventry Health Care Inc. CEO Dale B. Wolf...Tags: Aon PLC, Sinclair Broadcast Group Inc., Stock Market, Oakland (Alameda, California), Auto Trends
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Debate swirls around CEO pay
Sun StaffBeing a chief executive is a tough job but the pay is pretty good. Unlike many Americans whose salaries aren't keeping up with inflation, chief executives are seeing their compensation packages rise by 13 percent annually, one study says. A tight market...Tags: CEO Pay, Unions, Novato (Marin, California), Wages and Pensions, Labor Legislation
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Stock option millionaires
Sun StaffHis salary wasn't the highest ($439,754), and his bonus ranked relatively low ($165,103). But Henry "Pete" Linsert Jr., chief executive officer of Martek Biosciences Corp. of Columbia, still cashed in big last year compared to his corporate peers -- at...Tags: Legg Mason, Inc., Finance, Marriott International Inc., Financial Planning, Martek Biosciences Corporation
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CEOs find that pay is now tied to results
Sun StaffAt first glance, Nolan D. Archibald might seem like a perfect example for critics of runaway executive pay. The chief executive of Black & Decker Corp. pulled in a base salary of nearly $1.5 million and a bonus of $3 million last year while...Tags: Aon PLC, Retirement, National Basketball Association, Bankruptcy, Peter Kennedy
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Many executives delivered 'bang for the buck'
Sun StaffFor 2004, a year that saw the shares of T. Rowe Price Group Inc. surge more than 31 percent, company chief executive George A. Roche received a more modest 21.7 percent bump in his compensation - just about all from performance bonuses. In short, a half-...Tags: Prices, CEO Pay, Broadwing Corporation, Corporate Performance, Legg Mason, Inc.
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