Legg Mason CEO Mark Fetting's 2012 pay slips 17% to $4.9M
Legg Mason reports 2012 executive compensation
By ExecPay News
Published: June 13, 2012
Legg Mason reported fiscal year 2012 executive compensation information on June 13, 2012.
In 2012, six Legg Mason executives received on average a compensation package of $2.8M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Legg Mason
Mark R. Fetting, Chief Executive Officer, received $4.9M in total, which decreased by 17% compared to 2011. 49% of Fetting's compensation, or $2.4M, was in bonus. Fetting also received $600K in option awards, $500K in salary, $1.4M in stock awards, as well as $39K in other compensation.
Ronald R. Dewhurst, Former Senior Executive Vice President, received a compensation package of $3.5M, which decreased by 19% compared to previous year. 44% of the compensation package, or $1.6M, was in bonus.
Joseph A. Sullivan, Chief Executive Officer, earned $3.2M in 2012, a 4% decrease compared to previous year.
Thomas P. Lemke, Former Executive Vice President, received $1.9M in 2012.
Peter H. Nachtwey, Chief Financial Officer, earned $1.8M in 2012, a 27% increase compared to previous year.
Jeffrey A. Nattans, Executive Vice President, received $1.7M in 2012, which increases by 2% compared to 2011.
Legg Mason's fiscal year ends on March 31.
Related executives
Joseph Sullivan
Legg Mason
Chief Executive Officer
Peter Nachtwey
Legg Mason
Chief Financial Officer
Ronald Dewhurst
Legg Mason
Former Senior Executive Vice President
Thomas Lemke
Legg Mason
Former Executive Vice President
Jeffrey Nattans
Legg Mason
Executive Vice President
Mark Fetting
Legg Mason
Chief Executive Officer
You may also like
Source: SEC filing on June 13, 2012.