MasterCard CEO to earn $1M this year
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- February
- 8
Robert W. Selander is MasterCard Inc.’s million-dollar man.
The Purchase-based electronic-payments giant raised the base salary of its president and chief executive to $1 million a year, according to a filing today with the Securities and Exchange Commission.
Selander’s 2006 compensation package included $900,000 in base pay.
The company’s president of global accounts, Chris McWilton, will also be earning more this year.
He also got an 11 percent raise, bringing his annual base salary to $550,000 from $495,833 in 2006.
Both raises are effective March 1, the filing noted.
This entry was posted
on Friday, February 8th, 2008 at 4:37 pm by David Schepp.
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