Equifax chief's pay climbs in 2010
Equifax Chairman and CEO Richard Smith saw his total compensation climb 9.5 percent to more than $9.6 million in 2010, according to the company’s annual shareholder proxy.
In 2009, Smith made $8.8 million, up from $8.4 million in 2008. Smith’s base salary remained unchanged in 2010 at $1.45 million, but he saw gains of nearly $100,000 in stock awards, and a $252,000 increase in the value of his pension and certain deferred compensation earnings.
Option awards dipped 4 percent to nearly $1.65 million, while performance bonuses, called non-equity incentives, rose by 31.6 percent to $2.2 million.
Equifax had net income of $266.7 million in 2010, up 14 percent from 2009, on a 9 percent gain in revenue.
About the Author
J. Scott Trubey is the senior editor over business, climate and environment coverage at The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. He joined the AJC in 2010.
