Waste Management CEO David Steiner's 2007 pay rises 11% to $6.2M
Waste Management reports 2007 executive compensation
By ExecPay News
Published: March 26, 2008
Waste Management reported fiscal year 2007 executive compensation information on March 26, 2008.
In 2007, six executives at Waste Management received on average a compensation package of $3.1M, a 18% increase compared to previous year.
Average pay of disclosed executives at Waste Management
David P. Steiner, Chief Executive Officer, received $6.2M in total, which increased by 11% compared to 2006. 56% of Steiner's compensation, or $3.5M, was in stock awards. Steiner also received $1.6M in non-equity incentive plan, $998K in salary, as well as $131K in other compensation.
Lawrence O'Donnell, III, Chief Operating Officer, received a compensation package of $3.3M, which decreased by 2% compared to previous year. 45% of the compensation package, or $1.5M, was in stock awards.
David R. Hopkins, Senior Vice President — Southern Group, earned $2.8M in 2007, a 103% increase compared to previous year.
Robert G. Simpson, Chief Financial Officer, received $2.3M in 2007, which increases by 23% compared to 2006.
Duane C. Woods, Senior Vice President — Western Group, earned $1.8M in 2007, a 21% increase compared to previous year.
James E. Trevathan, Senior Vice President — Southern Group, received $1.8M in 2007, which increases by 4% compared to 2006.
Related executives
David Hopkins
Waste Management
Senior Vice President — Southern Group
David Steiner
Waste Management
Chief Executive Officer
Lawrence O'Donnell
Waste Management
Chief Operating Officer
Robert Simpson
Waste Management
Chief Financial Officer
James Trevathan
Waste Management
Senior Vice President — Southern Group
Duane Woods
Waste Management
Former Senior Vice President — Western Group
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Source: SEC filing on March 26, 2008.