Masco Chairman Richard Manoogian receives $17M in 2006
Masco reports 2006 executive compensation
By ExecPay News
Published: April 10, 2007
Masco reported fiscal year 2006 executive compensation information on April 10, 2007.
In 2006, six Masco executives received on average a compensation package of $5.7M.
Average pay of disclosed executives at Masco
Richard A. Manoogian, Chairman, received $17M in total. 50% of Manoogian's compensation, or $8.6M, was in option awards. Manoogian also received $1.3M in non-equity incentive plan, $1.5M in salary, $5.5M in stock awards, as well as $383K in other compensation.
Alan H. Barry, Chief Operating Officer, received a compensation package of $6.8M. 37% of the compensation package, or $2.5M, was in option awards.
David A. Doran, Retired Vice President — Taxes, earned $2.9M in 2006.
John R. Leekley, General Counsel, received $2.7M in 2006.
Timothy Wadhams, Chief Executive Officer, earned $2.4M in 2006.
Daniel R. Foley, Retired Vice President — Human Resources, received $2.2M in 2006.
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Source: SEC filing on April 10, 2007.