Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fund Bigwigs Saw Their Paychecks Shrink in 07 Not Rated 3.0 Email Routing List Email & Route  Print Print
Thursday, July 3, 2008

Fund Bigwigs Saw Their Paychecks Shrink in 07

by: Armie Margaret Lee

SmartMoney writer Daren Fonda combed through SEC>/b> filings to see how much executives of the top 10 publicly traded asset management firms pocketed last year and found that the average pay package came in at $12.7 million, representing a dip of about 5 percent from 2006. Not everyone received thinner paychecks, of course. For example, T. Rowe Price's James Kennedy took home $7.7 million, a 36 percent increase; and Lew Sanders of AllianceBernstein got $22.1 million, up 12 percent.

Fonda gave a special mention to a fund chief whose company wasn't in the top 10 -- GAMCO's Mario Gabelli, who received $70.9 million, a 22 percent jump from the previous year. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use