Andrew Duff, chairman and CEO Total compensation: $2,175,560 for the year ended Dec. 31, 2008
CEO pay watch: Piper Jaffray Companies
March 17, 2009 at 3:58AM
Salary: $400,000
Other compensation: $585,470
Value realized on vesting shares: $1,190,090
New stock options: 32,149
Total 2008 return to shareholders: 14.2 percent
Note: Base salaries for Duff and other named executive officers were not increased for 2009 and none received an annual incentive award for 2008 performance. Duff's other compensation includes a cash payment dating back to Piper's spinoff from U.S. Bancorp in 2003. The company also discontinued its $2,880 per year parking stipend for Duff and others.
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The city negotiated with utilities to grant tenants until the end of the month to move out, as yet another building from downtown’s once-prolific property owner folds.
