Gary D. Forsee
2007
In 2007, Gary D. Forsee earned a total compensation of $40M as Former Chairman, Chief Executive Officer and President at Sprint, a 88% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $5,223,245 |
|---|---|
| Non-Equity Incentive Plan | $1,516,740 |
| Option Awards | $14,423,840 |
| Salary | $1,529,915 |
| Stock Awards | $9,015,783 |
| Other | $8,297,106 |
| Total | $40,006,629 |
Forsee received $14.4M in option awards, accounting for 36% of the total pay in 2007.
Forsee also received $5.2M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.5M in salary, $9M in stock awards and $8.3M in other compensation.
Rankings
In 2007, Gary D. Forsee's compensation ranked 20th out of 8,700 executives tracked by ExecPay. In other words, Forsee earned more than 99.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 20 out of 8,700 | 100th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 2 out of 745 | 100th |
Major group Communications | 2 out of 214 | 99th |
Industry group Telephone Communications | 1 out of 82 | 99th |
Industry Telephone Communications, Except Radiotelephone | 1 out of 68 | 99th |
Source: SEC filing on March 27, 2008.
Forsee's colleagues
We found five more compensation records of executives who worked with Gary D. Forsee at Sprint in 2007.