Compensation
While CEO of American Electric Power in 2009, Michael G. Morris earned a total compensation of $7,092,788, which included a base salary of $1,254,808, stocks granted worth $5,265,750, as well as $572,230 in other compensation.
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Famous quotes containing the word compensation:
“I have everything in the world that is necessary to happiness, good faith, good friends and all the work I can possibly do. I think God’s greatest blessing to the human race was when He sent man forth into the world to earn his bread by the sweat of his face. I believe in toil, in the dignity of labor, but I also believe in adequate compensation for that toil.”
—Anna Howard Shaw (1847–1919)
“Many old people receive pensions for no other reason, it seems to me, but as a compensation for having lived a long time ago.”
—Henry David Thoreau (1817–1862)
“The only compensation which war offers for its manifold mischiefs, is in the great personal qualities to which it gives scope and occasion.”
—Ralph Waldo Emerson (1803–1882)