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Rating:Chris Donahue, Greg Johnson and Jamie Kennedy All Had a Good 2011 Not Rated 1.0 Email Routing List Email & Route  Print Print
Thursday, March 22, 2012

Chris Donahue, Greg Johnson and Jamie Kennedy All Had a Good 2011

News summary by MFWire's editors

The CEOs of Federated Investors [profile], Franklin Resources [profile] and T. Rowe Price [profile] all took home more dough last year, even as regulatory threats to the money market mutual fund business and volatile financial markets loom, and even as other financial services CEOs' pay fell, reports the Wall Street Journal.

Based on the security filings, the combined compensation of the CEOs amounted to $22.4 million in 2011, up 28 percent from 2010. T. Rowe Price chief Jamie Kennedy's total pay climbed 11 percent, Franklin's Greg Johnson's jumped 47 percent and Federated's Chris Donahue's went up 28 percent.

On the flip side, the WSJ notes that pay for BlackRock CEO Larry Fink and Janus CEO Dick Weil fell in 2011. 

Edited by: HFD

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