EXECUTIVE COMPENSATION: Georgia's top 25 companies: What the leaders make


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

Vote for this story!


Kudzu Services » Find the right people for the job