The following chart lists the chief executives of the 100 largest publicly held companies in Illinois and northwest Indiana by market capitalization as of March 31. The CEOs are ranked by total fiscal year 2003 compensation, which includes salary, bonus, other cash compensation, stock grants and the estimated value of stock options granted.
TOTAL CASH
Amount earned during the most recent year. Represents salary, bonus and other items, such as moving expenses, cost of perquisites and benefits, company contributions to retirement programs, etc.
LONG-TERM INCENTIVES
Includes value of stock options and restricted shares, plus payments under other long-termincentive programs. Companies can report the value of options based on present value, using the Black-Scholes method, or based on assumed annual rates of appreciation for the option term. The table uses an assumed 5 percent annual rate of appreciation. The Black-Scholes figure is shown for comparison.
TOTAL COMPENSATION
Includes cash and long-term incentives. Total is based on 5 percent options value model.
COMPANY PERFORMANCE
Earnings per share are fully diluted and include extraordinary items. Stock return is based on company’s latest fiscal total return and includes dividends.
TOTAL CASH + LONG-TERM INCENTIVES = TOTAL COMPENSATION
– – –
N/A: Not available
N/M: Not meaningful
RANK, EXECUTIVE, COMPANY
1. James Dimon, Bank One Corp.
TOTAL CASH
IN 2003: $6,052,029
CHANGE: + 46.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $28,102,040
BLACK-SCHOLES: $13,257,550
TOTAL COMPENSATION
IN 2003: $34,154,069
CHANGE: + 125.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.11
CHANGE: + 11.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: 27.1%
RANK, EXECUTIVE, COMPANY
2. Miles D. White, Abbott Laboratories
TOTAL CASH
IN 2003: $3,477,331
CHANGE: + 20.4%
LONG-TERM INCENTIVES
IN 2003 (5%): $14,120,948
BLACK-SCHOLES: $5,448,531
TOTAL COMPENSATION
IN 2003: $17,598,279
CHANGE: – 52.6%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.75
CHANGE: – 1.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 18.9%
RANK, EXECUTIVE, COMPANY
3. Edward M. Liddy, Allstate Corp.
TOTAL CASH
IN 2003: $4,973,024
CHANGE: + 19.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $12,499,581
BLACK-SCHOLES: $9,225,715
TOTAL COMPENSATION
IN 2003: $17,472,605
CHANGE: + 11.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.83
CHANGE: + 139.4%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 18.7%
RANK, EXECUTIVE, COMPANY
4. Dennis J. FitzSimons, Tribune Co.
TOTAL CASH
IN 2003: $2,174,705
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $12,113,556
BLACK-SCHOLES: $5,189,989
TOTAL COMPENSATION
IN 2003: $14,288,261
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.61
CHANGE: + 100.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 14.5%
RANK, EXECUTIVE, COMPANY
5. C. Steven McMillan, Sara Lee Corp.
TOTAL CASH
IN 2003: $5,263,947
CHANGE: + 36.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $8,913,779
BLACK-SCHOLES: $5,400,917
TOTAL COMPENSATION
IN 2003: $14,177,726
CHANGE: + 18.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.50
CHANGE: + 21.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 0.6%
RANK, EXECUTIVE, COMPANY
6. Norman H. Wesley, Fortune Brands Inc.
TOTAL CASH
IN 2003: $2,797,652
CHANGE: – 8.5%
LONG-TERM INCENTIVES
IN 2003 (5%): $10,742,086
BLACK-SCHOLES: $6,429,792
TOTAL COMPENSATION
IN 2003: $13,539,738
CHANGE: + 28.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.86
CHANGE: + 13.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 56.2%
RANK, EXECUTIVE, COMPANY
7. W. James Farrell, Illinois Tool Works Inc.
TOTAL CASH
IN 2003: $3,313,933
CHANGE: + 9.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $9,287,600
BLACK-SCHOLES: $9,287,600
TOTAL COMPENSATION
IN 2003: $12,601,533
CHANGE: + 317.8%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.32
CHANGE: + 43.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 30.8%
RANK, EXECUTIVE, COMPANY
8. Christopher B. Galvin, Motorola Inc.
TOTAL CASH
IN 2003: $2,536,125
CHANGE: – 12.0%
LONG-TERM INCENTIVES
IN 2003 (5%): $9,412,913
BLACK-SCHOLES: $7,766,137
TOTAL COMPENSATION
IN 2003: $11,949,038
CHANGE: – 0.1%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.38
CHANGE: – 134.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 63.7%
RANK, EXECUTIVE, COMPANY
9. Timothy R. Schwertfeger, Nuveen Investments Inc.
TOTAL CASH
IN 2003: $5,369,975
CHANGE: + 28.7%
LONG-TERM INCENTIVES
IN 2003 (5%): $6,543,076
BLACK-SCHOLES: $1,687,451
TOTAL COMPENSATION
IN 2003: $11,913,051
CHANGE: – 41.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.50
CHANGE: + 16.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 7.4%
RANK, EXECUTIVE, COMPANY
10. G. A. Barton, Caterpillar Inc.
TOTAL CASH
IN 2003: $3,071,176
CHANGE: + 42.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $8,533,750
BLACK-SCHOLES: $4,076,451
TOTAL COMPENSATION
IN 2003: $11,604,926
CHANGE: + 41.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.13
CHANGE: + 36.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 84.7%
RANK, EXECUTIVE, COMPANY
11. John W. Rowe, Exelon Corp.
TOTAL CASH
IN 2003: $2,986,894
CHANGE: + 3.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $8,193,266
BLACK-SCHOLES: $4,667,110
TOTAL COMPENSATION
IN 2003: $11,180,160
CHANGE: + 4.4%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.75
CHANGE: – 38.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 29.4%
RANK, EXECUTIVE, COMPANY
12. Robert W. Lane, Deere & Co.
TOTAL CASH
IN 2003: $2,376,135
CHANGE: + 37.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $8,734,308
BLACK-SCHOLES: $5,917,144
TOTAL COMPENSATION
IN 2003: $11,110,443
CHANGE: + 22.6%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.64
CHANGE: + 98.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 32.6%
RANK, EXECUTIVE, COMPANY
13. Gary L. Neale, NiSource Inc.
TOTAL CASH
IN 2003: $1,458,620
CHANGE: + 1.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $9,242,100
BLACK-SCHOLES: $5,851,122
TOTAL COMPENSATION
IN 2003: $10,700,720
CHANGE: + 167.6%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.33
CHANGE: – 81.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 15.2%
RANK, EXECUTIVE, COMPANY
14. Howard B. Bernick, Alberto-Culver Co.
TOTAL CASH
IN 2003: $3,444,500
CHANGE: + 3.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $7,179,555
BLACK-SCHOLES: $4,905,770
TOTAL COMPENSATION
IN 2003: $10,624,055
CHANGE: + 6.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.70
CHANGE: + 16.4%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 20.8%
RANK, EXECUTIVE, COMPANY
15. David W. Bernauer, Walgreen Co.
TOTAL CASH
IN 2003: $2,038,039
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $8,525,729
BLACK-SCHOLES: $5,226,895
TOTAL COMPENSATION
IN 2003: $10,563,768
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.14
CHANGE: + 15.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 5.8%
RANK, EXECUTIVE, COMPANY
16. Richard C. Vie, Unitrin Inc.
TOTAL CASH
IN 2003: $1,548,000
CHANGE: + 48.4%
LONG-TERM INCENTIVES
IN 2003 (5%): $8,553,491
BLACK-SCHOLES: $1,683,735
TOTAL COMPENSATION
IN 2003: $10,101,491
CHANGE: + 8.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.82
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 47.4%
RANK, EXECUTIVE, COMPANY
17. James R. Cantalupo, McDonald’s Corp.
TOTAL CASH
IN 2003: $3,697,200
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $5,889,393
BLACK-SCHOLES: $4,249,600
TOTAL COMPENSATION
IN 2003: $9,586,593
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.15
CHANGE: + 64.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 56.9%
RANK, EXECUTIVE, COMPANY
18. Patrick G. Ryan, Aon Corp.
TOTAL CASH
IN 2003: $2,536,158
CHANGE: + 74.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $6,913,124
BLACK-SCHOLES: $2,637,400
TOTAL COMPENSATION
IN 2003: $9,449,282
CHANGE: + 30.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.97
CHANGE: + 20.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 29.9%
RANK, EXECUTIVE, COMPANY
19. William L. Davis, R.R. Donnelley & Sons Co.
TOTAL CASH
IN 2003: $1,105,706
CHANGE: – 24.1%
LONG-TERM INCENTIVES
IN 2003 (5%): $8,106,096
BLACK-SCHOLES: $5,781,704
TOTAL COMPENSATION
IN 2003: $9,211,802
CHANGE: + 52.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.54
CHANGE: + 24.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 43.2%
RANK, EXECUTIVE, COMPANY
20. Roger K. Deromedi, Kraft Foods Inc.
TOTAL CASH
IN 2003: $1,925,860
CHANGE: – 4.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $6,449,228
BLACK-SCHOLES: $5,975,463
TOTAL COMPENSATION
IN 2003: $8,375,088
CHANGE: + 273.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.01
CHANGE: + 2.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 15.6%
RANK, EXECUTIVE, COMPANY
21. James W.P. Reid-Anderson, Dade Behring Holdings Inc.
TOTAL CASH
IN 2003: $5,038,566
CHANGE: + 13.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,103,867
BLACK-SCHOLES: $2,279,446
TOTAL COMPENSATION
IN 2003: $8,142,433
CHANGE: – 40.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.15
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 125.4%
RANK, EXECUTIVE, COMPANY
22. William Wrigley Jr., Wm. Wrigley Jr. Co.
TOTAL CASH
IN 2003: $1,199,102
CHANGE: – 38.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $6,532,517
BLACK-SCHOLES: $2,976,288
TOTAL COMPENSATION
IN 2003: $7,731,619
CHANGE: + 12.8%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.98
CHANGE: + 11.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 4.0%
RANK, EXECUTIVE, COMPANY
23. G. Allen Andreas, Archer Daniels Midland Co.
TOTAL CASH
IN 2003: $2,959,742
CHANGE: + 9.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $4,400,527
BLACK-SCHOLES: $3,332,224
TOTAL COMPENSATION
IN 2003: $7,360,269
CHANGE: + 62.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.70
CHANGE: – 10.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 2.5%
RANK, EXECUTIVE, COMPANY
24. George W. Buckley, Brunswick Corp.
TOTAL CASH
IN 2003: $3,505,284
CHANGE: – 13.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,790,732
BLACK-SCHOLES: $3,495,694
TOTAL COMPENSATION
IN 2003: $7,296,016
CHANGE: + 3.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.47
CHANGE: + 70.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 62.8%
RANK, EXECUTIVE, COMPANY
25. Richard D. Kincaid*, Equity Office Properties Trust
TOTAL CASH
IN 2003: $1,661,553
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $5,388,673
BLACK-SCHOLES: $2,267,586
TOTAL COMPENSATION
IN 2003: $7,050,226
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.50
CHANGE: – 11.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 22.7%
RANK, EXECUTIVE, COMPANY
26. Harry M. Jansen Kraemer Jr., Baxter International Inc.
TOTAL CASH
IN 2003: $1,791,847
CHANGE: + 16.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $5,118,573
BLACK-SCHOLES: $3,774,958
TOTAL COMPENSATION
IN 2003: $6,910,420
CHANGE: – 19.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.45
CHANGE: + 15.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 11.1%
RANK, EXECUTIVE, COMPANY
27. William A. Osborn, Northern Trust Corp.
TOTAL CASH
IN 2003: $1,019,363
CHANGE: – 49.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $5,806,031
BLACK-SCHOLES: $4,149,075
TOTAL COMPENSATION
IN 2003: $6,825,394
CHANGE: – 16.4%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.80
CHANGE: – 8.6%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 34.0%
RANK, EXECUTIVE, COMPANY
28. Richard L. Keyser, W.W. Grainger Inc.
TOTAL CASH
IN 2003: $1,831,778
CHANGE: + 4.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $4,978,959
BLACK-SCHOLES: $1,806,120
TOTAL COMPENSATION
IN 2003: $6,810,737
CHANGE: + 108.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.46
CHANGE: + 9.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 6.6%
RANK, EXECUTIVE, COMPANY
29. Alan J. Lacy, Sears, Roebuck and Co.
TOTAL CASH
IN 2003: $2,034,523
CHANGE: – 29.0%
LONG-TERM INCENTIVES
IN 2003 (5%): $4,253,666
BLACK-SCHOLES: $1,903,242
TOTAL COMPENSATION
IN 2003: $6,288,189
CHANGE: + 119.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $11.86
CHANGE: + 176.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 93.8%
RANK, EXECUTIVE, COMPANY
30. John A. Edwardson, CDW Corp.
TOTAL CASH
IN 2003: $1,701,770
CHANGE: + 1.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $4,159,195
BLACK-SCHOLES: $4,601,246
TOTAL COMPENSATION
IN 2003: $5,860,965
CHANGE: + 13.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.03
CHANGE: – 3.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 32.4%
RANK, EXECUTIVE, COMPANY
31. Joseph H. Netherland, FMC Technologies Inc.
TOTAL CASH
IN 2003: $1,870,141
CHANGE: + 5.5%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,768,338
BLACK-SCHOLES: $3,227,698
TOTAL COMPENSATION
IN 2003: $5,638,479
CHANGE: + 218.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.13
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 14.0%
RANK, EXECUTIVE, COMPANY
32. Timothy Callahan, Trizec Properties Inc.
TOTAL CASH
IN 2003: $2,456,400
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $2,981,141
BLACK-SCHOLES: $1,198,532
TOTAL COMPENSATION
IN 2003: $5,437,541
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.32
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 70.4%
RANK, EXECUTIVE, COMPANY
33. J. J. King, Molex Inc.
TOTAL CASH
IN 2003: $648,974
CHANGE: + 36.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $4,698,953
BLACK-SCHOLES: $3,525,860
TOTAL COMPENSATION
IN 2003: $5,347,927
CHANGE: + 177.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.44
CHANGE: + 12.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 19.1%
RANK, EXECUTIVE, COMPANY
34. Richard L. Wambold, Pactiv Corp.
TOTAL CASH
IN 2003: $1,793,368
CHANGE: – 25.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,482,338
BLACK-SCHOLES: $2,181,059
TOTAL COMPENSATION
IN 2003: $5,275,706
CHANGE: – 17.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.14
CHANGE: + 23.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 9.3%
RANK, EXECUTIVE, COMPANY
35. John S. Gates Jr., Centerpoint Properties Trust
TOTAL CASH
IN 2003: $1,069,448
CHANGE: + 38.7%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,844,467
BLACK-SCHOLES: $1,103,136
TOTAL COMPENSATION
IN 2003: $4,913,915
CHANGE: + 68.4%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.16
CHANGE: + 13.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 35.3%
RANK, EXECUTIVE, COMPANY
36. A. C. Zucaro, Old Republic International Corp.
TOTAL CASH
IN 2003: $1,712,345
CHANGE: + 31.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,139,857
BLACK-SCHOLES: $1,628,558
TOTAL COMPENSATION
IN 2003: $4,852,202
CHANGE: + 3.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.51
CHANGE: + 16.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 41.1%
RANK, EXECUTIVE, COMPANY
37. Bruce W. Duncan, Equity Residential
TOTAL CASH
IN 2003: $1,510,000
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $3,339,719
BLACK-SCHOLES: $1,160,174
TOTAL COMPENSATION
IN 2003: $4,849,719
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.55
CHANGE: + 31.4%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 27.1%
RANK, EXECUTIVE, COMPANY
38. Mark P. Frissora, Tenneco Automotive Inc.
TOTAL CASH
IN 2003: $2,030,933
CHANGE: + 19.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $2,818,367
BLACK-SCHOLES: $2,795,750
TOTAL COMPENSATION
IN 2003: $4,849,300
CHANGE: + 96.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.65
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 65.6%
RANK, EXECUTIVE, COMPANY
39. Douglas A. Pertz, IMC Global Inc.
TOTAL CASH
IN 2003: $1,642,318
CHANGE: – 2.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,175,741
BLACK-SCHOLES: $2,504,000
TOTAL COMPENSATION
IN 2003: $4,818,059
CHANGE: – 8.8%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $1.22
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 6.4%
RANK, EXECUTIVE, COMPANY
40. Patrick J. Moore, Smurfit-Stone Container Corp.
TOTAL CASH
IN 2003: $1,779,400
CHANGE: – 16.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $2,582,683
BLACK-SCHOLES: $2,471,332
TOTAL COMPENSATION
IN 2003: $4,362,083
CHANGE: – 17.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.85
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 20.7%
RANK, EXECUTIVE, COMPANY
41. John M. Larson, Career Education Corp.
TOTAL CASH
IN 2003: $1,524,679
CHANGE: – 7.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $2,768,709
BLACK-SCHOLES: $2,460,501
TOTAL COMPENSATION
IN 2003: $4,293,388
CHANGE: – 26.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.19
CHANGE: + 67.6%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 101.2%
RANK, EXECUTIVE, COMPANY
42. John E. Rooney, U.S. Cellular Corp.
TOTAL CASH
IN 2003: $1,107,774
CHANGE: + 24.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,059,669
BLACK-SCHOLES: $2,512,729
TOTAL COMPENSATION
IN 2003: $4,167,443
CHANGE: + 110.4%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.70
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 41.9%
RANK, EXECUTIVE, COMPANY
43. Richard W. Gochnauer, United Stationers Inc.
TOTAL CASH
IN 2003: $1,601,149
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $2,396,717
BLACK-SCHOLES: $2,310,853
TOTAL COMPENSATION
IN 2003: $3,997,866
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.18
CHANGE: + 22.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 42.1%
RANK, EXECUTIVE, COMPANY
44. Norman E. Johnson, Clarcor Inc.
TOTAL CASH
IN 2003: $1,714,650
CHANGE: + 39.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $2,280,597
BLACK-SCHOLES: $1,440,526
TOTAL COMPENSATION
IN 2003: $3,995,247
CHANGE: + 66.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.15
CHANGE: + 16.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 34.6%
RANK, EXECUTIVE, COMPANY
45. Matthew Neville*, Cabot Microelectronics Corp.
TOTAL CASH
IN 2003: $729,503
CHANGE: + 9.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $3,230,632
BLACK-SCHOLES: $3,254,541
TOTAL COMPENSATION
IN 2003: $3,960,135
CHANGE: + 4.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.53
CHANGE: – 7.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 49.4%
RANK, EXECUTIVE, COMPANY
46. Melvin J. Gordon, Tootsie Roll Industries Inc.
TOTAL CASH
IN 2003: $3,930,374
CHANGE: – 13.1%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $3,930,374
CHANGE: – 13.1%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.26
CHANGE: + 0.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 18.3%
RANK, EXECUTIVE, COMPANY
47. Stephen W. Lilienthal, CNA Financial Corp.
TOTAL CASH
IN 2003: $3,076,037
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $854,007
BLACK-SCHOLES: $615,964
TOTAL COMPENSATION
IN 2003: $3,930,044
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $6.58
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 5.9%
RANK, EXECUTIVE, COMPANY
48. Dennis K. Williams, Idex Corp.
TOTAL CASH
IN 2003: $1,876,728
CHANGE: + 20.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,855,866
BLACK-SCHOLES: $1,091,855
TOTAL COMPENSATION
IN 2003: $3,732,594
CHANGE: + 3.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.87
CHANGE: + 12.0%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 28.9%
RANK, EXECUTIVE, COMPANY
49. Thomas M. Patrick, Peoples Energy Corp.
TOTAL CASH
IN 2003: $1,697,063
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $1,819,109
BLACK-SCHOLES: $285,600
TOTAL COMPENSATION
IN 2003: $3,516,172
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.87
CHANGE: + 14.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 29.1%
RANK, EXECUTIVE, COMPANY
50. Daniel C. Ustian*, Navistar International Corp.
TOTAL CASH
IN 2003: $747,724
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $2,729,775
BLACK-SCHOLES: $1,553,969
TOTAL COMPENSATION
IN 2003: $3,477,499
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.27
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 80.3%
RANK, EXECUTIVE, COMPANY
51. Richard P. DiStasio*, USF Corp.
TOTAL CASH
IN 2003: $725,225
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $2,728,808
BLACK-SCHOLES: $2,316,459
TOTAL COMPENSATION
IN 2003: $3,454,033
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.55
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 20.2%
RANK, EXECUTIVE, COMPANY
52. S. C. Scott III, Corn Products International Inc.
TOTAL CASH
IN 2003: $1,553,416
CHANGE: + 34.1%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,840,108
BLACK-SCHOLES: $1,435,429
TOTAL COMPENSATION
IN 2003: $3,393,524
CHANGE: + 22.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.11
CHANGE: v19.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 15.7%
RANK, EXECUTIVE, COMPANY
53. Philip M. Condit*, Boeing Co.
TOTAL CASH
IN 2003: $2,702,083
CHANGE: – 9.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $621,275
BLACK-SCHOLES: $621,275
TOTAL COMPENSATION
IN 2003: $3,323,358
CHANGE: – 14.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.89
CHANGE: + 45.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 29.8%
RANK, EXECUTIVE, COMPANY
54. Paul T. Stecko, Packaging Corp. of America
TOTAL CASH
IN 2003: $2,030,819
CHANGE: + 6.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,291,335
BLACK-SCHOLES: $1,121,987
TOTAL COMPENSATION
IN 2003: $3,322,154
CHANGE: + 6.1%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.14
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 19.8%
RANK, EXECUTIVE, COMPANY
55. LeRoy T. Carlson Jr., Telephone & Data Systems Inc.
TOTAL CASH
IN 2003: $957,581
CHANGE: – 31.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $2,182,142
BLACK-SCHOLES: $1,374,807
TOTAL COMPENSATION
IN 2003: $3,139,723
CHANGE: – 21.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.05
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 34.3%
RANK, EXECUTIVE, COMPANY
56. J. Patrick Gallagher Jr., Arthur J. Gallagher & Co.
TOTAL CASH
IN 2003: $1,381,000
CHANGE: + 19.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,683,000
BLACK-SCHOLES: $1,263,063
TOTAL COMPENSATION
IN 2003: $3,064,000
CHANGE: + 23.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.57
CHANGE: + 11.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 12.9%
RANK, EXECUTIVE, COMPANY
57. Thomas L. Fisher, Nicor Inc.
TOTAL CASH
IN 2003: $990,324
CHANGE: + 31.1%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,990,606
BLACK-SCHOLES: $595,008
TOTAL COMPENSATION
IN 2003: $2,980,930
CHANGE: + 12.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.38
CHANGE: – 17.4%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 5.5%
RANK, EXECUTIVE, COMPANY
58. Carl A. Siebel, AptarGroup Inc.
TOTAL CASH
IN 2003: $1,160,000
CHANGE: + 45.0%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,712,160
BLACK-SCHOLES: $1,157,206
TOTAL COMPENSATION
IN 2003: $2,872,160
CHANGE: + 12.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.16
CHANGE: + 18.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 25.7%
RANK, EXECUTIVE, COMPANY
59. William C. Foote, USG Corp.
TOTAL CASH
IN 2003: $2,717,220
CHANGE: – 17.0%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $2,717,220
CHANGE: – 17.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.82
CHANGE: + 182.0%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 96.1%
RANK, EXECUTIVE, COMPANY
60. Jonathan P. Ward, ServiceMaster Co.
TOTAL CASH
IN 2003: $844,938
CHANGE: – 46.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,815,428
BLACK-SCHOLES: $1,097,590
TOTAL COMPENSATION
IN 2003: $2,660,366
CHANGE: – 39.6%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.76
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 8.7%
RANK, EXECUTIVE, COMPANY
61. James J. McNulty, Chicago Mercantile Exchange Holdings Inc.
TOTAL CASH
IN 2003: $2,418,461
CHANGE: + 30.5%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $2,418,461
CHANGE: + 30.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.60
CHANGE: + 15.0%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 67.2%
RANK, EXECUTIVE, COMPANY
62. Dale L. Gifford, Hewitt Associates Inc.
TOTAL CASH
IN 2003: $1,355,104
CHANGE: – 29.7%
LONG-TERM INCENTIVES
IN 2003 (5%): $897,472
BLACK-SCHOLES: $737,975
TOTAL COMPENSATION
IN 2003: $2,252,576
CHANGE: – 17.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.97
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 17.6%
RANK, EXECUTIVE, COMPANY
63. Edward J. Wehmer, Wintrust Financial Corp.
TOTAL CASH
IN 2003: $749,672
CHANGE: + 5.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,484,462
BLACK-SCHOLES: $1,110,955
TOTAL COMPENSATION
IN 2003: $2,234,134
CHANGE: – 23.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.98
CHANGE: + 23.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 44.5%
RANK, EXECUTIVE, COMPANY
64. Brian P. Kelley, Sirva Inc.
TOTAL CASH
IN 2003: $1,056,359
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $1,129,704
BLACK-SCHOLES: $910,470
TOTAL COMPENSATION
IN 2003: $2,186,063
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.27
CHANGE: – 18.2%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: N/A
RANK, EXECUTIVE, COMPANY
65. Mitchell Feiger, MB Financial Inc.
TOTAL CASH
IN 2003: $900,002
CHANGE: + 10.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,273,554
BLACK-SCHOLES: $653,898
TOTAL COMPENSATION
IN 2003: $2,173,556
CHANGE: + 18.8%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.96
CHANGE: + 13.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 58.8%
RANK, EXECUTIVE, COMPANY
66. Robert J. Glickman, Corus Bankshares Inc.
TOTAL CASH
IN 2003: $1,000,000
CHANGE: 0.0%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,056,040
BLACK-SCHOLES: $424,104
TOTAL COMPENSATION
IN 2003: $2,056,040
CHANGE: – 9.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.04
CHANGE: + 18.6%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 44.3%
RANK, EXECUTIVE, COMPANY
67. Robert W. Grubbs, Anixter International Inc.
TOTAL CASH
IN 2003: $1,009,930
CHANGE: + 14.5%
LONG-TERM INCENTIVES
IN 2003 (5%): $976,000
BLACK-SCHOLES: $976,000
TOTAL COMPENSATION
IN 2003: $1,985,930
CHANGE: – 52.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.13
CHANGE: + 0.0%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 11.3%
RANK, EXECUTIVE, COMPANY
68. Jonathan E. Michael, RLI Corp.
TOTAL CASH
IN 2003: $863,160
CHANGE: + 90.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,115,030
BLACK-SCHOLES: $631,061
TOTAL COMPENSATION
IN 2003: $1,978,190
CHANGE: + 26.8%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.76
CHANGE: + 57.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 35.6%
RANK, EXECUTIVE, COMPANY
69. Mark C. Miller, Stericycle Inc.
TOTAL CASH
IN 2003: $528,131
CHANGE: + 33.7%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,437,692
BLACK-SCHOLES: $1,442,374
TOTAL COMPENSATION
IN 2003: $1,965,823
CHANGE: + 13.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.43
CHANGE: + 41.6%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 44.2%
RANK, EXECUTIVE, COMPANY
70. Howard B. Witt, Littelfuse Inc.
TOTAL CASH
IN 2003: $952,801
CHANGE: + 2.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $998,176
BLACK-SCHOLES: $874,703
TOTAL COMPENSATION
IN 2003: $1,950,977
CHANGE: – 18.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.70
CHANGE: + 59.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 70.9%
RANK, EXECUTIVE, COMPANY
71. Allen H. Koranda, MAF Bancorp Inc.
TOTAL CASH
IN 2003: $682,321
CHANGE: – 0.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,195,230
BLACK-SCHOLES: $659,685
TOTAL COMPENSATION
IN 2003: $1,877,551
CHANGE: + 2.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $3.26
CHANGE: + 4.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 25.3%
RANK, EXECUTIVE, COMPANY
72. John M. O’Meara, First Midwest Bancorp Inc.
TOTAL CASH
IN 2003: $955,510
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $883,144
BLACK-SCHOLES: $180,027
TOTAL COMPENSATION
IN 2003: $1,838,654
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.97
CHANGE: + 5.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 24.3%
RANK, EXECUTIVE, COMPANY
73. Timothy Manganello*, BorgWarner Inc.
TOTAL CASH
IN 2003: $1,523,312
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $286,800
BLACK-SCHOLES: $286,800
TOTAL COMPENSATION
IN 2003: $1,810,112
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $6.40
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 70.2%
RANK, EXECUTIVE, COMPANY
74. Joseph J. Ross, Federal Signal Corp.
TOTAL CASH
IN 2003: $852,200
CHANGE: + 5.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $904,350
BLACK-SCHOLES: $224,000
TOTAL COMPENSATION
IN 2003: $1,756,550
CHANGE: – 12.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.78
CHANGE: – 6.0%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 5.7%
RANK, EXECUTIVE, COMPANY
75. Dennis J. Keller**, DeVry Inc.
TOTAL CASH
IN 2003: $1,134,211
CHANGE: – 9.1%
LONG-TERM INCENTIVES
IN 2003 (5%): $555,674
BLACK-SCHOLES: $516,896
TOTAL COMPENSATION
IN 2003: $1,689,885
CHANGE: – 25.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.87
CHANGE: – 8.4%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 2.0%
RANK, EXECUTIVE, COMPANY
76. Ralph B. Mandell, PrivateBancorp Inc.
TOTAL CASH
IN 2003: $1,092,169
CHANGE: + 12.1%
LONG-TERM INCENTIVES
IN 2003 (5%): $544,624
BLACK-SCHOLES: $525,677
TOTAL COMPENSATION
IN 2003: $1,636,793
CHANGE: + 68.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.12
CHANGE: + 49.3%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 80.0%
RANK, EXECUTIVE, COMPANY
77. Kenneth E. Edge, Amcore Financial Inc.
TOTAL CASH
IN 2003: $954,332
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $608,637
BLACK-SCHOLES: $322,040
TOTAL COMPENSATION
IN 2003: $1,562,969
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.73
CHANGE: – 1.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 28.0%
RANK, EXECUTIVE, COMPANY
78. Michael W. Brennan, First Industrial Realty Trust Inc.
TOTAL CASH
IN 2003: $534,577
CHANGE: – 54.5%
LONG-TERM INCENTIVES
IN 2003 (5%): $1,011,956
BLACK-SCHOLES: $1,011,956
TOTAL COMPENSATION
IN 2003: $1,546,533
CHANGE: – 18.4%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $2.42
CHANGE: + 1.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 30.3%
RANK, EXECUTIVE, COMPANY
79. Ralph E. Faison*, Andrew Corp.
TOTAL CASH
IN 2003: $611,562
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $882,968
BLACK-SCHOLES: $945,069
TOTAL COMPENSATION
IN 2003: $1,494,530
CHANGE: + N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.08
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 84.4%
RANK, EXECUTIVE, COMPANY
80. Lawrence E. Washow, Amcol International Corp.
TOTAL CASH
IN 2003: $1,152,940
CHANGE: + 100.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $330,448
BLACK-SCHOLES: $334,036
TOTAL COMPENSATION
IN 2003: $1,483,388
CHANGE: + 111.6%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.97
CHANGE: + 125.6%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 252.4%
RANK, EXECUTIVE, COMPANY
81. John A. Halbrook, Woodward Governor Co.
TOTAL CASH
IN 2003: $646,827
CHANGE: + 12.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $750,271
BLACK-SCHOLES: $483,555
TOTAL COMPENSATION
IN 2003: $1,397,098
CHANGE: – 44.4%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.08
CHANGE: – 70.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 6.5%
RANK, EXECUTIVE, COMPANY
82. Ronald H. Zech, GATX Corp.
TOTAL CASH
IN 2003: $1,361,487
CHANGE: – 46.4%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $1,361,487
CHANGE: – 76.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.56
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 28.2%
RANK, EXECUTIVE, COMPANY
83. Jeffrey G. Katz, Orbitz Inc.
TOTAL CASH
IN 2003: $1,269,789
CHANGE: + 24.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $66,667
BLACK-SCHOLES: $66,667
TOTAL COMPENSATION
IN 2003: $1,336,456
CHANGE: + 30.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.46
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + N/A
RANK, EXECUTIVE, COMPANY
84. William M. Goodyear, Navigant Consulting Inc.
TOTAL CASH
IN 2003: $1,307,422
CHANGE: + 26.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $1,307,422
CHANGE: – 31.8%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.40
CHANGE: + 90.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 219.7%
RANK, EXECUTIVE, COMPANY
85. Ross J. Centanni, Gardner Denver Inc.
TOTAL CASH
IN 2003: $1,270,844
CHANGE: + 35.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $280,385
TOTAL COMPENSATION
IN 2003: $1,270,844
CHANGE: – 25.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.27
CHANGE: + 4.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 17.6%
RANK, EXECUTIVE, COMPANY
86. Michael J. Birck, Tellabs Inc.
TOTAL CASH
IN 2003: $853,161
CHANGE: + 13.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $408,782
BLACK-SCHOLES: $430,100
TOTAL COMPENSATION
IN 2003: $1,261,943
CHANGE: – 18.6%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.58
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 15.7%
RANK, EXECUTIVE, COMPANY
87. Edward L. Wristen, First Health Group Corp.
TOTAL CASH
IN 2003: $1,250,558
CHANGE: – 14.9%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $1,250,558
CHANGE: – 14.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.57
CHANGE: + 22.7%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 19.8%
RANK, EXECUTIVE, COMPANY
88. Richard J. Glasier*, Argosy Gaming Co.
TOTAL CASH
IN 2003: $1,197,883
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $1,197,883
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.76
CHANGE: – 27.6%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 37.3%
RANK, EXECUTIVE, COMPANY
89. Githesh Ramamurthy, CCC Information Services Group Inc.
TOTAL CASH
IN 2003: $569,873
CHANGE: – 33.7%
LONG-TERM INCENTIVES
IN 2003 (5%): $577,133
BLACK-SCHOLES: $684,144
TOTAL COMPENSATION
IN 2003: $1,147,006
CHANGE: + 33.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.94
CHANGE: + 11.9%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 4.7%
RANK, EXECUTIVE, COMPANY
90. Christopher A. Peacock, Jones Lang LaSalle Inc.
TOTAL CASH
IN 2003: $876,677
CHANGE: + 11.8%
LONG-TERM INCENTIVES
IN 2003 (5%): $130,000
BLACK-SCHOLES: $130,000
TOTAL COMPENSATION
IN 2003: $1,006,677
CHANGE: – 0.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.12
CHANGE: + 31.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 34.8%
RANK, EXECUTIVE, COMPANY
91. Edward L. Kaplan, Zebra Technologies Corp.
TOTAL CASH
IN 2003: $940,022
CHANGE: + 0.2%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $940,022
CHANGE: + 0.2%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.92
CHANGE: + 25.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 73.7%
RANK, EXECUTIVE, COMPANY
92. Patrick Soon-Shiong, American Pharmaceutical Partners Inc.
TOTAL CASH
IN 2003: $777,947
CHANGE: – 3.6%
LONG-TERM INCENTIVES
IN 2003 (5%): $110,175
BLACK-SCHOLES: $110,175
TOTAL COMPENSATION
IN 2003: $888,122
CHANGE: + 10.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.99
CHANGE: + 65.0%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 183.1%
RANK, EXECUTIVE, COMPANY
93. Howard Walker, Manufactured Home Communities Inc.
TOTAL CASH
IN 2003: $758,000
CHANGE: + 3.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $65,340
BLACK-SCHOLES: $65,340
TOTAL COMPENSATION
IN 2003: $823,340
CHANGE: – 42.5%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.20
CHANGE: – 26.8%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 33.7%
RANK, EXECUTIVE, COMPANY
94. Louis G. Lower, Horace Mann Educators Corp.
TOTAL CASH
IN 2003: $811,688
CHANGE: – 5.4%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $811,688
CHANGE: – 22.7%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.44
CHANGE: + 57.1%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: – 6.1%
RANK, EXECUTIVE, COMPANY
95. Brian R. Gamache, WMS Industries Inc.
TOTAL CASH
IN 2003: $787,648
CHANGE: – 50.3%
LONG-TERM INCENTIVES
IN 2003 (5%): $7,478
BLACK-SCHOLES: $7,478
TOTAL COMPENSATION
IN 2003: $795,126
CHANGE: – 79.9%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: – $0.27
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 27.3%
RANK, EXECUTIVE, COMPANY
96. Martin P. Hughes, Hub International Ltd.
TOTAL CASH
IN 2003: $727,694
CHANGE: – 0.5%
LONG-TERM INCENTIVES
IN 2003 (5%): $44,130
BLACK-SCHOLES: $44,130
TOTAL COMPENSATION
IN 2003: $771,824
CHANGE: – 54.3%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.14
CHANGE: + 7.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 32.0%
RANK, EXECUTIVE, COMPANY
97. Allan J. Sweet, AMLI Residential Properties Trust
TOTAL CASH
IN 2003: $659,343
CHANGE: + 33.4%
LONG-TERM INCENTIVES
IN 2003 (5%): $107,200
BLACK-SCHOLES: $107,200
TOTAL COMPENSATION
IN 2003: $766,543
CHANGE: – 44.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.00
CHANGE: – 44.4%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 35.0%
RANK, EXECUTIVE, COMPANY
98. E. Van Cullens, Westell Technologies Inc.
TOTAL CASH
IN 2003: $433,187
CHANGE: N/M
LONG-TERM INCENTIVES
IN 2003 (5%): $176,405
BLACK-SCHOLES: $255,528
TOTAL COMPENSATION
IN 2003: $609,592
CHANGE: N/M
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $0.11
CHANGE: N/M
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 160.6%
RANK, EXECUTIVE, COMPANY
99. John Bucksbaum, General Growth Properties Inc.
TOTAL CASH
IN 2003: $225,000
CHANGE: 0.0%
LONG-TERM INCENTIVES
IN 2003 (5%): $0
BLACK-SCHOLES: $0
TOTAL COMPENSATION
IN 2003: $225,000
CHANGE: 0.0%
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: + $1.22
CHANGE: + 24.5%
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: + 66.1%
RANK, EXECUTIVE, COMPANY
100. N/A, Hollinger International Inc.
TOTAL CASH
IN 2003: N/A
CHANGE: N/A
LONG-TERM INCENTIVES
IN 2003 (5%): N/A
BLACK-SCHOLES: N/A
TOTAL COMPENSATION
IN 2003: N/A
CHANGE: N/A
COMPANY PERFORMANCE, EARNINGS PER SHARE
IN 2003: N/A
CHANGE: N/A
COMPANY PERFORMANCE, ANNUAL STOCK RETURN
IN 2003: N/A
Sources: Aon Consulting’s eComp Data Services, Media General Financial Services, Capital IQ *CEO for part of the year **Keller is co-CEO with Ronald Taylor.
Chicago Tribune
