The Atlanta Journal-Constitution
Published on: 06/22/08
The median income for executives at Georgia's largest public companies was $1.74 million in 2007, down about 1 percent from 2006. Companies are required to report compensation for the chief executive officer, chief financial officer and next three highest-paid executives.
Rank; Company; Name; Title; Total Compensation (2007)
1 Coca-Cola Co.; Neville Isdell; Chairman and Chief Executive Officer; $21,648,740
2 Home Depot Inc.; Joseph J. DeAngelo; Former Executive Vice President and Chief Operating Officer; $16,275,858
3 Delta Air Lines Inc.; James M. Whitehurst; Former Chief Operating Officer; $15,451,426
4 Coca-Cola Enterprises Inc.; John F. Brock; President and Chief Executive Officer; $12,912,154
5 Aflac Inc.; Daniel P. Amos; Chairman and Chief Executive Officer; $11,963,440
6 Delta Air Lines Inc.; Richard H. Anderson; Chief Executive Officer; $11,296,759
7 Coca-Cola Co.; Muhtar Kent; Presdent and Chief Operating Officer; $10,471,097
8 Delta Air Lines Inc.; Edward H. Bastian; President and Chief Financial Officer; $10,298,340
9 AGCO Corp.; Martin Richenhagen; Chairman, President and Chief Executive Officer; $9,260,436
10 Graphic Packaging Corp.; Stephen M. Humphrey; Former Vice Chairman; $8,769,674
11 Newell Rubbermaid Inc.; Mark D. Ketchum; President and Chief Executive Officer; $8,408,455
12 Home Depot Inc.; Francis S. Blake; Chairman and Chief Executive Officer; $7,641,426
13 Acuity Brands Inc.; Vernon J. Nagel; Chairman, President and Chief Executive Officer; $7,406,143
14 Delta Air Lines Inc.; Glen W. Hauenstein; Executive Vice President, Network Planning and Revenue Management; $7,333,300
15 Mueller Water Products Inc; Gregory E. Hyland; Chairman, President and Chief Executive Officer; $6,812,878
16 Exide Technologies; Gordon A. Ulsh; President and Chief Executive Officer; $6,394,354
17 Delta Air Lines Inc.; Michael H. Campbell; Executive Vice President, HR, Labor and Communications; $6,380,261
18 Coca-Cola Co.; Jose Octavio Reyes; President, Latin America Group; $6,378,096
19 Coca-Cola Co.; Gary Fayard; Executive Vice President and Chief Financial Officer; $6,335,064
20 Southern Co.; David M. Ratcliffe; Chairman, President and Chief Executive Officer; $6,311,620
21 Rock-Tenn Co.; James A. Rubright; Chairman and Chief Executive Officer; $6,302,200
22 Coca-Cola Co.; Irial Finan; Executive Vice President and Pres., Bottling Investments and Supply Chain; $5,971,162
23 Delta Air Lines Inc.; Lee A. Macenczak; Executive Vice President, Sales and Marketing; $5,939,836
24 Aflac Inc.; Kriss Cloninger III; President, Chief Financial Officer and Treasurer; $5,798,262
25 Mirant Corp.; Edward R. Muller; Chairman, President and Chief Executive Officer; $5,484,953
26 Spectrum Brands Inc.; David A. Jones; Former Chairman and Chief Executive Officer; $5,314,348
27 Home Depot Inc.; Carol B. Tome; Chief Financial Officer and Executive Vice President, Corporate Services; $5,101,852
28 SunTrust Banks Inc.; James M. Wells III; President and Chief Executive Officer; $4,610,877
29 Flowers Foods Inc.; George E. Deese; Chairman, President and Chief Executive Officer; $4,457,583
30 United Parcel Service Inc.; Michael L. Eskew; Former Chairman and Chief Executive Officer; $4,452,464
31 Coca-Cola Enterprises Inc.; Shaun B. Higgins; Former Executive Vice President and President, European Group; $4,206,300
32 Graphic Packaging Corp.; David W. Scheible; President and Chief Executive Officer; $3,951,700
33 Coca-Cola Enterprises Inc.; Terrance M. Marks; Executive Vice President and President, NA Group; $3,836,945
34 Genuine Parts Co.; Thomas C. Gallagher; Chairman, President and Chief Executive Officer; $3,640,762
35 Spectrum Brands Inc.; Kent J. Hussey; Chief Executive Officer; $3,638,488
36 Aflac Inc.; Akitoshi Kan; Chairman, Aflac Japan, Chairman, Aflac Intl.; $3,629,526
37 Spectrum Brands Inc.; David R. Lumley; Co-Chief Operating Officer and President, Global Batteries and Personal Care; $3,608,063
38 Home Depot Inc.; Annette M. Verschuren; President, Canada and Asia; $3,560,396
39 Home Depot Inc.; Robert P. DeRodes; Executive Vice President and Chief Information Officer; $3,475,750
40 Georgia Gulf Corp.; Edward A. Schmitt; Former Chairman, President and Chief Executive Officer; $3,424,573
41 Mueller Water Products Inc.; Dale B. Smith; Chief Executive Officer, Mueller Group; $3,362,990
42 Coca-Cola Enterprises Inc.; William W. Douglas III; Executive Vice President and Chief Financial Officer; $2,977,388
43 Home Depot Inc.; Roger W. Adams; Former Senior Vice President, Marketing; $2,907,711
44 Superior Essex Inc.; Stephen M. Carter; President and Chief Executive Officer; $2,862,567
45 Mirant Corp.; William P. von Blasingame; Senior Vice President and General Manager, Caribbean; $2,831,683
46 Acuity Brands Inc.; John K. Morgan; Executive Vice President; President and Chief Executive Officer, Acuity Specialty Products; $2,704,013
47 Home Depot Inc.; Craig A. Menear; Executive Vice President, Merchandising; $2,680,016
48 Spectrum Brands Inc.; John A. Heil; Co-Chief Operating Officer and President, Global Pet Supplies; $2,591,615
49 Mohawk Industries Inc.; Jeffrey S. Lorberbaum; Chief Executive Officer; $2,579,606
50 Newell Rubbermaid Inc.; James J. Roberts; Executive Group President; $2,543,002
51 Coca-Cola Enterprises Inc.; John J. Culhane; Former Executive Vice President and General Counsel; $2,471,643
52 Mohawk Industries Inc.; W. Christopher Wellborn; Chief Operating Officer; $2,318,123
53 United Parcel Service Inc.; D. Scott Davis; Former Vice Chairman and Chief Financial Officer (now Chairman and CEO); $2,199,368
54 Newell Rubbermaid Inc.; J. Patrick Robinson; Executive Vice President and Chief Financial Officer; $2,101,174
55 Southern Co.; Charles D. McCrary; President, Alabma Power Company; $2,098,418
56 Southern Co.; Thomas A. Fanning; Executive Vice President, Chief Operating Officer; $2,023,277
57 Mirant Corp.; Robert M. Edgell; Executive Vice President and U.S. Region Head; $2,018,412
58 Aflac Inc.; Ronald E. Kirkland; Senior Vice President, Aflac, Director of U.S. Sales; $1,969,675
59 Synovus Financial Corp.; Richard E. Anthony; Chairman and Chief Executive Officer; $1,926,255
60 Acuity Brands Inc.; Richard K. Reece; Executive Vice President and Chief Financial Officer; $1,916,823
61 Southern Co.; Michael D. Garrett; President, Georgia Power Company; $1,911,916
62 SunTrust Banks Inc.; Mark A. Chancy; Corporate Executive Vice President and Chief Financial Officer; $1,894,520
63 AGCO Corp.; Gary L. Collar; Senior Vice President and General Manager, EAME and EAPAC; $1,874,483
64 Acuity Brands Inc.; Kenyon W. Murphy; Executive Vice President, Chief Admin. Officer and General Counsel; $1,859,581
65 Exide Technologies; Edward J. O'Leary; President, Transportation Americas; $1,835,045
66 Aflac Inc.; Paul S. Amos II; President Aflac and Chief Operating Officer Aflac U.S.; $1,810,011
67 AGCO Corp.; Andrew H. Beck; Senior Vice President, Chief Financial Officer; $1,805,437
68 Newell Rubbermaid Inc.; Steven G. Marton; President, Special Assignments; $1,798,688
69 Mirant Corp.; James V. Iaco Jr.; Executive Vice President and Chief Financial Officer; $1,745,170
70 Mirant Corp.; S. Linn Williams; Executive Vice President and General Counsel; $1,744,935
71 Rock-Tenn Co.; David E. Dreibelbis; Executive Vice President and General Manager, Paperboard Division; $1,738,654
72 Spectrum Brands Inc.; Kenneth V. Biller; Former President, Global Operations; $1,734,976
73 Rock-Tenn Co.; Steven C. Voorhees; Executive Vice President and Chief Financial Officer; $1,725,045
74 Graphic Packaging Corp.; Daniel J. Blount; Senior Vice President and Chief Financial Officer; $1,711,602
75 Rock-Tenn Co.; Michael E. Kiepura; Executive Vice President General Manager, Folding Carton Div.; $1,686,974
76 AGL Resources Inc.; Douglas N. Schantz; President, Sequent Energy Management LP; $1,531,705
77 BlueLinx Holdings; Stephen E. Macadam; Former Chief Executive Officer and Director; $1,653,032
78 Spectrum Brands Inc.; Randall J. Steward; Former Executive Vice President and Chief Financial Officer; $1,637,461
79 Southern Co.; G. Edison Holland Jr.; Executive Vice President and General Counsel; $1,621,835
80 SunTrust Banks Inc.; William R. Reed Jr.; Vice Chairman; $1,616,739
81 Genuine Parts Co.; Jerry W. Nix; Vice Chairman and Chief Financial Officer; $1,606,180
82 Mohawk Industries Inc.; Frans G. De Cock; President, Unilin; $1,555,462
83 United Parcel Service Inc.; David P. Abney; Senior Vice President, COO and President, UPS Airlines; $1,554,893
84 Newell Rubbermaid Inc.; Hartley D. Blaha; President, Corporate Development; $1,514,659
85 Mueller Water Products Inc.; Raymond P. Torok; President, U.S. Pipe; $1,504,348
86 Graphic Packaging Corp.; Michael R. Schmal; Senior Vice President, Beverage; $1,498,407
87 BlueLinx Holdings; Lynn A. Wentworth; Former Chief Financial Officer and Treasurer; $1,456,571
88 United Parcel Service Inc.; John J. McDevitt; Senior Vice President, Global Transportation Services; $1,455,513
89 AGCO Corp.; Hubertus M. Muehlhaeuser; Senior Vice President Strategy and Integration and IT/Gen. Mgr. Engines; $1,441,684
90 Mohawk Industries Inc.; Frank H. Boykin; Chief Financial Officer; $1,439,591
91 SunTrust Banks Inc.; Timothy E. Sullivan; Corporate Executive Vice President and Chief Information Officer; $1,439,226
92 AGCO Corp.; Stephen D. Lupton; Senior Vice President, Corporate Development and General Counsel; $1,405,853
93 United Parcel Service Inc.; James F. Winestock Jr.; Senior Vice President, U.S. Operations; $1,369,429
94 Exide Technologies; Mitchell S. Bregman; President, Industrial Energy Americas; $1,364,314
95 Mueller Water Products Inc.; Thomas E. Fish; President, Anvil; $1,348,958
96 Mohawk Industries Inc.; Harold G. Turk; President Dal-Tile; $1,338,648
97 Rock-Tenn Co.; James L. Einstein; Executive Vice President and General Manager, Alliance Division; $1,327,759
98 Spectrum Brands Inc.; Remy E. Burel; Former President, Europe/ROW Batteries and Personal Care; $1,303,373
99 Graphic Packaging Corp.; Wayne E. Juby; Senior Vice President, Human Resources; $1,295,073
100 SunTrust Banks Inc.; William H. Rogers Jr.; Corp. Executive Vice President; $1,285,174
101 Spectrum Brands Inc.; Anthony L. Genito; Executive Vice President, Chief Financial Officer and Chief Accounting Officer; $1,256,694
102 Flowers Foods Inc.; Gene D. Lord; President and Chief Operating Officer Flowers Bakeries Group; $1,233,007
103 Genuine Parts Co.; Paul D. Donahue; Executive Vice Presdient; $1,222,404
104 Flowers Foods Inc.; Jimmy M. Woodward; Former Senior Vice President and Chief Financial Officer; $1,216,310
105 AGL Resources Inc.; John W. Somerhalder II; Chairman, President and Chief Executive Officer; $1,214,483
106 Exide Technologies; Neil S. Bright; Former President, Industrial Energy Europe and ROW; $1,204,533
107 Superior Essex Inc.; David S. Aldridge; Executive Vice President, Chief Financial Officer and Treasurer; $1,193,199
108 Genuine Parts Co.; Robert J. Susor; Executive Vice President; $1,190,541
109 Exide Technologies; Phillip A. Damaska; Senior Vice President and Corporate Controller; $1,164,858
110 Georgia Gulf Corp.; Paul D. Carrico; Vice President, Chemicals and Vinyls; $1,147,730
111 Mueller Water Products Inc.; Michael T. Vollkommer; Executive Vice President and Chief Financial Officer; $1,117,706
112 Mueller Water Products Inc.; Jeffery W. Sprick; Former Senior Vice President and Chief Accounting Officer; $1,115,121
113 Genuine Parts Co.; Larry R. Samuelson; President, U.S. Automotive Parts Group; $1,111,273
114 Spectrum Brands Inc.; Amy J. Yoder; President, United Industries; $1,106,325
115 Flowers Foods Inc.; Allen L. Shiver; President and Chief Operating Officer, Flowers Specialty Group; $1,105,476
116 BlueLinx Holdings; George R. Judd; President and Chief Operating Officer; $1,037,858
117 Superior Essex Inc.; Justin F. Deedy Jr.; Executive Vice President and President, Communications Segment; $1,027,011
118 Flowers Foods Inc.; Stephen R. Avera; Senior Vice President, Secretary and General Counsel; $966,145
119 Georgia Gulf Corp.; Mark J. Seal; Vice President, Outdoor Building Products; $963,063
120 Synovus Financial Corp.; Frederick L. Green III; President and Chief Operating Officer; $946,547
121 Georgia Gulf Corp.; Joel I. Beerman; Vice President, General Counsel and Secretary; $939,744
122 Superior Essex Inc.; H. Patrick Jack; Executive Vice President and President, Essex Asia Pacific; $902,193
123 AGL Resources Inc.; Kevin P. Madden; Executive Vice President, External Affairs; $895,683
124 Superior Essex Inc.; Barbara L. Blackford; Executive Vice President, General Counsel and Secretary; $876,005
125 AGL Resources Inc.; Andrew W. Evans; Executive Vice President and Chief Financial Officer; $846,575
126 Exide Technologies; Francis M. Corby Jr.; Executive Vice President and Chief Financial Officer; $845,239
127 Synovus Financial Corp.; Elizabeth R. James; Vice Chairman, Chief People Officer and Secretary; $787,412
128 Synovus Financial Corp.; G. Sanders Griffith III; Senior Executive Vice President, General Counsel and Secretary; $768,714
129 Mueller Water Products Inc.; Doyce Gaskin; President, Mueller Co.; $741,422
130 Synovus Financial Corp.; Thomas J. Prescott; Executive Vice President and Chief Financial Officer; $736,588
131 Georgia Gulf Corp.; James T. Matthews; Former Vice President, Finance, Treasurer and Chief Financial Officer (deceased); $736,402
132 Acuity Brands Inc.; William A. Holl; Former Executive Vice President; Chief Commercial Officer, Acuity Specialty Products; $727,756
133 AGL Resources Inc.; Paul R. Shlanta; Executive Vice President, General Counsel, Chief Ethics and Compliance Officer; $603,086
134 Flowers Foods Inc.; R. Steve Kinsey; Senior Vice President and Chief Financial Officer; $509,938
135 BlueLinx Holdings; Steven G. Skinner; Former Senior Vice President, Industrials; $487,570
136 BlueLinx Holdings; Duane G. Goodwin; Senior Vice President, Supply Chain; $447,062
137 BlueLinx Holdings; Barbara V. Tinsley; Senior Vice President, General Counsel and Secretary; $419,308
138 Georgia Gulf Corp.; Mark E. Buckis; Interim Chief Financial Officer; $384,406
139 Delta Air Lines Inc.; Gerald Grinstein; Retired Chief Executive Officer; $357,941
Source: SEC filings, AJC analysis
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