Frontier CEO Compensation Up 55 Percent
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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.
Frontier, formerly known as Citizens Communications Co., saw full-year profit in 2008 fall 15 percent to $182.7 million. Sales for the company, which provides telephone, television and Internet service, dropped 2 percent to $2.24 billion.- Loading Comments...
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