Briefly
From Reuters
Charles Schwab Corp.’s founder and chief executive, Charles R. Schwab, was paid a $3.94-million bonus in 2005, according to a filing from the company, during a year when Schwab’s share price rose about 23%.
Schwab was paid a base salary of $900,000 and other compensation of about $400,000 and was awarded options on 2.4 million shares. These could be worth more than $22 million if Schwab’s shares rise 10% a year through 2012.
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