Britain's Queen Elizabeth likely would have called Putnam's 2004 an annus horribilis
, but CEO Charles Haldeman may be of a different opinion. The Putnam reform chief cashed paychecks and stock worth nearly $13.7 million in 2004, according to a disclosure mandated by the SEC.
The bulk of Haldeman's pay took the form of a $6.5 million bonus and a grant of $6.1 million worth of restricted stock.
During the year Haldeman helped negotiate a pair of settlements with regulators over charges that the firm had allowed improper trading by portfolio analysts and others while Haldeman’s predecessor Larry Lasser was CEO.
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