Document Management
- Parent Category: ROOT
- Monday, 19 October 2015
- Published Date
- Written by The Progressive Accountant
A $1.2-million-drop in the value of stock awards, which countered increases in other areas, left the pay of Carlos Rodriguez, CEO of Automatic Data Processing, for 2015 changed only slightly from 2014. Rodriguez's total compensation for the year ended June 30 was $8.2 million, up $44,000 from the total the prior year. His almost $2 million in stock awards for the most recently ended year was down from $3.14 million in the same category in fiscal 2014.
CFO Jan Siegmund fared better with 2015 compensation of $3.6 million, an increase of 21.5 percent from slightly more than $3 million the prior year. The biggest element adding to Siegmund's total in the last year was a stock award valued at $1.6 million, a rise of 46 percent from $1.1 million a year earlier.
Three others were not named executives for 2014 and no prior-year figures were disclosed. Division president Mark Benjamin received $2.8 million; EVP of worldwide sales and marketing Edward B. Flynn $3.4 million; and general counsel and corporate secretary Michael A. Bonarti, $2.4 million.
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