Ameriprise Financial CEO James Cracchiolo receives $18M in 2006
Ameriprise Financial reports 2006 executive compensation
By ExecPay News
Published: March 9, 2007
Ameriprise Financial reported fiscal year 2006 executive compensation information on March 9, 2007.
In 2006, five executives at Ameriprise Financial received on average a compensation package of $8.4M.
Average pay of disclosed executives at Ameriprise Financial
James M. Cracchiolo, Chief Executive Officer, received $18M in total. 52% of Cracchiolo's compensation, or $9.5M, was in non-equity incentive plan. Cracchiolo also received $675K of change in pension value and nonqualified deferred compensation earnings, $5.2M in option awards, $850K in salary, $1.6M in stock awards, as well as $563K in other compensation.
William F. Truscott, Chief Investment Officer, received a compensation package of $7.1M. 64% of the compensation package, or $4.6M, was in non-equity incentive plan.
Walter S. Berman, Chief Financial Officer, earned $7M in 2006.
Glen Salow, Executive Vice President, Technology and Operations, received $6M in 2006.
Brian M. Heath, President, U.S. Advisor Group, earned $3.5M in 2006.
Related executives
James Cracchiolo
Ameriprise Financial
Chief Executive Officer
Walter Berman
Ameriprise Financial
Chief Financial Officer
William Truscott
Ameriprise Financial
Chief Investment Officer
Glen Salow
Ameriprise Financial
Executive Vice President, Technology and Operations
Brian Heath
Ameriprise Financial
President, U.S. Advisor Group
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Source: SEC filing on March 9, 2007.