Executive Pay: a New Peak.(top executives in the chemical industry see increased salaries)(Statistical Data Included) From: Chemical Week | Date: August 22, 2001| Author: NIELSEN, KAROL | COPYRIGHT 2001 Chemical Week Associates. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Wallets Survive Profits Pressure

MOST CHEMECAL EXECUTIVES made more money last year, despite weak earnings and mixed stock performance. Nearly all of the executives at 70 companies surveyed by CW had bigger salaries and half had bigger bonuses. One-third received restricted stock awards, exercised stock options, and received short-term perks. Almost all received long-term perks--a category listed as "other" compensation that includes tax rebates, travel allowances, pensi...

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