Minnesota's top CEOs saw their pay rise 26% in 2011
For the first time since 2007, the median total pay for Minnesota's 100 highest-paid CEOs topped $1 million. More...
Monday July 30, 2012
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| Executive | Company | 2011 total comp. | 2010 total comp. | 1-year percent change | 1-year percent stock change | ||||
|---|---|---|---|---|---|---|---|---|---|
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George Mikan | UnitedHealth Group Inc. | 14,838,601 | 2,187,264 | 578.4 | 42.3 | |||
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Gail Boudreaux | UnitedHealth Group Inc. | 13,882,396 | 3,580,771 | 287.7 | ||||
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George Buckley | 3M Co. | 12,066,092 | 23,219,257 | -48.0 | -2.8 | |||
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Douglas Scovanner | Target Corp. | 8,766,283 | 13,484,849 | -35.0 | -5.3 | |||
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Richard Kelly | Xcel Energy Inc. | 8,303,280 | 11,308,896 | -26.6 | 22.4 | |||
The annual Star Tribune compensation survey examined compensation data for the largest publicly-held companies in Minnesota. Proxy information for some companies was not available at press time; the survey analyzed information from more than 150 public companies. Total compensation includes all cash payments, deferred compensation and the monetary value of stock awarded, as specified by each company in its annual proxy statement or 10-K filing. Total compensation also includes any gains from the exercise of stock options. The chart on this page includes top executives within each company, ranked in order of total compensation.
ABBREVIATIONS:
Ch - Chairman
Chw - Chairwoman
CEO - Chief Executive Officer
P - President
COO - Chief Operating Officer
Sec. - Secretary
NM - Not meaningful
NR - Not ranked
- Means not available
Source: Company reports, Bloomberg News
Check out the CEO pay packages at Minnesota's largest public companies. Median total pay of chief executive officers in 2011 rose after being flat or falling the previous three years. The median pay was $1.2 million, the highest since 2007. Here are the 100 largest CEO pay packages among the public companies we examined.
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