Graham Holdings CFO John Morse's 2008 pay jumps 110% to $3.5M
Graham Holdings reports 2008 executive compensation
By ExecPay News
Published: March 25, 2009
Graham Holdings reported fiscal year 2008 executive compensation information on March 25, 2009.
In 2008, five executives at Graham Holdings received on average a compensation package of $1.8M, a 34% increase compared to previous year.
John B. Morse, Jr, Chief Financial Officer, received $3.5M in total, which increased by 110% compared to 2007. 65% of Morse's compensation, or $2.2M, was of change in pension value and nonqualified deferred compensation earnings. Morse also received $400K in non-equity incentive plan, $63K in option awards, $625K in salary, $86K in stock awards, as well as $54K in other compensation.
Gerald M. Rosberg, Senior Vice President Planning and Development, received a compensation package of $2M, which increased by 33% compared to previous year. 36% of the compensation package, or $726K, was in stock awards.
Boisfeuillet Jones, Jr, Chairman, earned $1.4M in 2008.
Ann L. McDaniel, Senior Vice President, received $1.1M in 2008, which decreases by 33% compared to 2007.
Donald E. Graham, Chief Executive Officer, earned $812K in 2008, a 97% increase compared to previous year.