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PPL Chief's Compensation Slips 3.6 Percent In 2008

Stock quotes in this article: PPL  

ERNEST SCHEYDER

NEW YORK (AP) — The chairman, president and chief executive of energy and utility holding company PPL Corp. received compensation valued at $5.6 million in 2008, a 3.6 percent decrease from the previous year, according to an Associated Press analysis of data filed with regulators.

The Allentown, Pa.-based company paid James H. Miller $1.1 million in base salary, up 9.6 percent from the previous year.

Miller did not receive a performance-based cash bonus in 2008, though in 2007 he received $1.6 million. ...

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