DirecTV CEO Earned $33 Million

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By
Muhammed El-Hasan
on February 28, 2011 2:05 AM | | Comments (0) |

In his first year as CEO of El Segundo-based DirecTV, Michael White received a pay package valued at $32.7 million in 2010, according to the Associated Press.

Here's what AP says:

Most of the pay came in the form of stock and option awards worth $27.2 million when they were granted. However, the satellite TV company said White won't receive additional awards during the rest of his three-year contract.

Last year, DirecTV Group Inc. increased revenue, profits and subscribers and extended its position as the world's largest pay TV provider with 19.2 million subscribers in the U.S. and 8.9 million in Latin America.

The AP calculation aims to isolate the value that company boards place on CEOs' total compensation packages. It includes salary, bonus, incentives, perks and the estimated value of stock options and awards.

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This page contains a single entry by Muhammed El-Hasan published on February 28, 2011 2:05 AM.

MUHAMMED EL-HASAN: To Procrastinate or Not to Procrastinate was the previous entry in this blog.

Columnist: Boeing's $35 Billion Tanker Contract a Waste is the next entry in this blog.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

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Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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