Magazine article Workforce

Fat Times for Top HR Execs

Magazine article Workforce

Fat Times for Top HR Execs

Article excerpt

Salaries at the Top Inch Up

HR executives aren't getting paid the astronomical $706 million that Oracle Corporation CEO Lawrence J. Ellison earned last year when he exercised his stock options, but they are bringing in fat pay packages. The highest-paid HR executive in the country is Home Depot, Inc.'s Dennis M. Donovan. He pulled down $30.9 million in total direct compensation for 2001, including $1.5 million in salary and bonus and $29.4 million in stock options, according to data released by Equilar, Inc. The San Mateo, California, company combs Securities and Exchange Commission filings for compensation trends.

The second-highest-paid HR executive is Alcoa Inc.'s Robert F. Slagle, who received $870,854 in salary and bonus and $16.8 million in stock options for 2001. Capital One Financial Corporation's Dennis H. Liberson takes third place, with $1.1 million in salary and bonus and $12.4 million in options, followed by PerkinElmer, Inc. …

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