Regeneron, Presidential Life disclose compensation
-
- April
- 24
The president and chief executive of Regeneron Pharmaceuticals Inc. of Eastview took a $53,000 pay cut last year as the company’s stock lost 24 percent of its value.
Dr. Leonard S. Schleifer took home $4.42 million, including $713,000 in salary and $470,580 in bonus, according to a proxy statement filed with the U.S. Securities and Exchange Commission. He also got $3.12 in stock options and $115,626 in other compensation, the company said.
In 2007, Schleifer, made $4.48 million.
Meanwhile, Presidential Life Corp., an insurance company in Nyack, said in its proxy that Herbert Kurz, the president and chief executive, made $723,496 last year, up from $719,432 in 2007.
He made $569,710 in salary each year. His other compensation in 2008 was $153,786, compared with $149,722 in 2007.
Presidential Life shares lost 41.88 percent of their value last year.
This entry was posted
on Friday, April 24th, 2009 at 3:44 pm by Allan Drury.
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