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
Compensation for Hilary Marden-Resnik declined, but still stood out given insurer’s failure. The CEO is stepping down with the Jan. 1 sale of UCare assets to a competitor.
