Summary
Paychecks of North Carolina CEOs - Cover Story
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Pay purview.
Measured against their company's market performance, some CEOs don't earn their keep. Others show real value.
Add up the paychecks of Oakwood Homes' CEO, and you get - aside from dizzy - a good idea of what long-term incentive packages have done to change how, and how much top executives in North Carolina get paid. Nick St. George pocketed $14.5 million in total compensation in 1996, making him hands down the highest paid among CEOs of Top 75 companies. Yet his base salary was only $450,000. The real money came from a million-dollar-plus bonus, a whopping $7.6 million long-term incentive payment and $4.7 million from stock options he exercised. His total soared past that of First Union's Ed C...See the full content of this document
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