Deluxe CEO Lee Schram
David Joles, Star Tribune
CEO pay watch: Deluxe Corp.'s Lee Schram
- March 12, 2013 - 10:36 PM
CEO Pay Watch Deluxe Corp.
Lee Schram, CEO
Total compensation: $5,266,228 for the year ended Dec. 31
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.
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