St. Jude's Starks: $8.6 million

March 11, 2008 at 7:00AM
Daniel Starks
Daniel Starks (Stan Schmidt/The Minnesota Star Tribune)

CEO Pay Watch St. Jude Medical Inc.

Daniel Starks, chairman, president and CEO

Total compensation: $8,637,475 for the year ended Dec. 31, 2007

Salary: $975,000

Bonus: $0

Non-equity incentive pay: $1,205,100

Other compensation: $88,375

Restricted stock: $0

Long-term incentive pay: $0

Exercised stock options: $6,369,000

Value realized on vesting shares: $0

New stock options: 320,000

Total return to shareholders: 11.1 percent

Note: Starks' compensation was down 59 percent from the previous year's total of $21 million, about $19 million of which came from gains on the exercise of stock options.

Patrick Kennedy

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