PulteGroup CEO's compensation package in 2011 fell 27% year-over-year to US$4.9M; salary held steady at US$1.2M, but stock and option awards decreased
April 3, 2012
– PulteGroup Inc. CEO Richard J. Dugas Jr.'s compensation package in 2011 fell 27% year-over-year to US$4.9 million primarily because of lower stock and option awards, a security filing reported, MarketWatch reported April 3.
Dugas' salary held steady at $1.2 million, but his stock and option awards last year fell to $1.1 million and $730,000, respectively. That's compared with respective stock and option awards of $1.6 million and $2.1 million in 2010.
Michigan-based PulteGroup's shares also fell by 1.3% to $8.56, MarketWatch reported.
The primary source of this article is MarketWatch, New York, New York, on April 3, 2012.