CEO pay watch: Deluxe Corp.'s Lee Schram

  • Updated: March 12, 2013 - 10:36 PM
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Deluxe CEO Lee Schram

Photo: David Joles, Star Tribune

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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

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