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Teco Energy Chairman/CEO Compensated $3.9M In 2008

Stock quotes in this article: TE  

SIOUX FALLS, S.D. (AP) — The chairman and chief executive of Florida utility Teco Energy Inc. received compensation valued at $3.9 million in 2008, about the same he made during the previous year, according to an Associated Press calculation of figures disclosed Wednesday in a regulatory filing.

The Tampa, Fla.-based company paid Sherrill W. Hudson an $826,189 base salary and awarded a performance-based bonus of $574,928.

Hudson, 66, also received stock and option awards valued at about $2.4 million on the days they were granted. ...

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