AT&T's CEO Sees Compensation Rise Slightly to $22.2 Million
Published on: 12th Mar 2013
Note -- this news article is more than a year old.
AT&T's Chairman and CEO, Randall Stephenson saw his total income last year rise by 1 percent to USD22.2 million, which roughly matched the performance growth of the company he heads.
His net income salary was unchanged at USD1.55 million. A reduction in the value of shares and stock options, along with smaller increases in pensions and delayed payments was offset by a rise in an incentive compensation plan.
The slight rise in compensation for the CEO has still not lifted his earnings to the levels he enjoyed in 2010. His earnings dropped from USD27.3 million in 2010 due to the aborted T-Mobile USA takeover deal.
The CEO of AT&T's wireless division, Ralph de la Vega also saw his earnings rise, by 20% to USD9.9 million, boosted by pensions and deferred compensation.