Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

How the P-G Determined the Fortunate 50

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

How the P-G Determined the Fortunate 50

Article excerpt

The Post-Gazette Fortunate 50 was determined by reviewing the most recent proxy statements filed with the U.S. Securities and Exchange Commission by 37 publicly held companies based in the region.

Alcoa was included because of its decision to relocate its headquarters here effective Sept. 1.

The compensation is calculated based on data provided for each company's top executives during the most recently completed fiscal year.

It includes salaries, bonuses, the estimated value of stock and option awards, pension and deferred compensation benefits, and other compensation: retirement, insurance and personal security benefits; personal use of the corporate jet; relocation and severance payments; club dues; financial counseling; and other perquisites. …

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