CEO Pay Watch Deluxe Corp.
Lee Schram, CEO
Total compensation: $5,266,228 for the year ended Dec. 31
Salary: $809,000
Non-equity incentive pay: $1,184,946
Other compensation: $33,733
Exercised stock options: $3,238,549
New stock options: 106,000
Total 2012 return to shareholders: 46.9 percent
Note: Shoreview-based Deluxe Corp., a financial and small-business services firm, released its annual proxy statement on Monday.
Total compensation for CEO Lee Schram increased 77 percent from his $3 million compensation in 2011.
Schram exercised $3.2 million in stock options, which was the main reason for the jump in compensation. He didn't exercise any options in 2011.
Schram's combined salary and bonus declined 12.3 percent from last year.
Patrick Kennedy
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Southwest Airlines is considering changes to its quirky boarding and seating practices
Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to raise more revenue.
Business
How major US stock indexes fared Friday, 4/26/2024
Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November.
Nation
Temporary farmworkers get more protections against retaliation, other abuses under new rule
Temporary farmworkers will have more legal protections against employer retaliation, unsafe working conditions, illegal recruitment practices and other abuses under a Labor Department rule announced Friday.
Business
JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
JPMorgan Chase CEO Jamie Dimon says he's hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn't rule out more troubling possibilities, such as stagflation.
Business
Williams-Sonoma must pay almost $3.2 million for violating FTC's 'Made in USA' order
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission ''Made in USA'' order.