Legg Mason Chairman Raymond Mason receives $14M in 2007
Legg Mason reports 2007 executive compensation
By ExecPay News
Published: June 22, 2007
Legg Mason reported fiscal year 2007 executive compensation information on June 22, 2007.
In 2007, five Legg Mason executives received on average a compensation package of $5.9M.
Average pay of disclosed executives at Legg Mason
Raymond A. Mason, Chairman, received $14M in total. 44% of Mason's compensation, or $6M, was in bonus. Mason also received $5.8M in option awards, $500K in salary, $1.3M in stock awards, as well as $48K in other compensation.
Mark R. Fetting, Chief Executive Officer, received a compensation package of $5M. 64% of the compensation package, or $3.2M, was in bonus.
Timothy C. Scheve, Senior Executive Vice President, earned $4.6M in 2007.
Peter L. Bain, Former Senior Executive Vice President, received $4M in 2007.
Charles J. Daley, Jr, Chief Financial Officer, earned $2.2M in 2007.
Legg Mason's fiscal year ends on March 31.
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Source: SEC filing on June 22, 2007.