Teco Energy Chairman/CEO Compensated $3.9M In 2008
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The calculations don't include changes in the present value of pension benefits, and they sometimes differ from the totals companies list in the summary compensation table of proxy statements filed with the Securities and Exchange Commission, which reflect the size of the accounting charge taken for the executive's compensation in the previous fiscal year.
In 2008, Teco's profit fell 61 percent to $162.4 million, or 77 cents per share, from $413.2 million, or $1.97 per share, in the previous year. Annual revenue fell 5 percent to $3.38 billion.- Loading Comments...
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