CEO pay watch: General Mills' Sanger: $31M
Steve Sanger, chairman and CEO, General Mills Inc. Total compensation: $31,151,544 for the year ended May 25
Salary: $1,257,330
Non-equity incentive pay: $3,539,190
Value realized on vesting shares: $13,106,352
Exercised options: $12,777,971
Other compensation: $470,701
Ken Powell, CEO Total compensation: $4,040,238 for the year ended May 25
Salary: $843,333
Non-equity incentive pay: $1,674,900
Value realized on vesting shares: $422,833
Exercised options: $810,344
Other compensation: $288,828
Total return to shareholders: +4.3 percent
Notes: Total compensation for Sanger, who retired as CEO during the year, was up 35 percent from a year earlier. Powell succeeded Sanger as CEO on Sept. 24 and as chairman of the board at the end of the fiscal year in May. Sanger's vesting shares include a $10 million grant from the vesting of restricted stock units upon his retirement.
CASEY COMMON
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