MutualFundWire.com: Haldeman Takes Home Bigger Check
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, April 1, 2005

Haldeman Takes Home Bigger Check


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.


Printed from: MFWire.com/story.asp?s=9389

Copyright 2005, InvestmentWires, Inc.
All Rights Reserved
Back to Top