EXECUTIVE COMPENSATION -- The Industry's High Rollers
These are the executives that have rolled the dice and hit for the big money in commercial printing. Printing Impressions' 13th annual executive compensation report highlights the industry's top money earners at publicly held printing companies.
Robert G. Burton, president and CEO of Bannockburn, IL-based Moore Corp., appears at the top of this year's ranking with total compensation of $3,300,000. This is the second straight year a Moore executive tops our list.
The rankings indicate previous fiscal year salaries, most recent fiscal year wages and the percentage change in compensation from the two fiscal years that are shown.
While some executives, like Dennis Rediker, president and CEO of Standard Register, saw their total compensation go up several hundred thousand dollars, others, like Robert Johnson of Bowne & Co., saw their annual salary take a nose dive.
This information is derived directly from the most recent proxy statements of publicly held U.S. and Canadian (where available) printing firms.
Printing Impressions used base salaries and listed cash bonuses to establish compensation levels. We do not include any stock options, which may or may not have been exercised, or stock payouts. Note that these options may increase total yearly earnings greatly.
1) ROBERT G. BURTON, 63
President and CEO
Moore Corp., Mississauga, Ontario
Salary + Bonus: $3,300,000
Other Compensation: —
Total: $3,300,000
Previous Year Total: —
Percentage Change: —
2) WILLIAM L. DAVIS, 58
Chairman, President and CEO
R.R. Donnelley & Sons, Chicago
Salary + Bonus: $963,180
Other Compensation: $556,535
Total: $1,519,715
Previous Year Total: $1,858,902
Percentage Change: -18%:
3) CHARLES G. CAVELL, 61
President and CEO
Quebecor World, Montreal
(C= Canadian $$)
Salary + Bonus: C$1,222,352
Other Compensation: —
Total: C$1,222,352
Previous Year Total: C$2,432,317
Percentage Change: -50%:
4) DENNIS L. REDIKER, 58
President and CEO
Standard Register, Dayton, OH
Salary + Bonus: $1,207,675
Other Compensation: $3,350
Total: $1,211,025
Previous Year Total: $378,112
Percentage Change: 220%:
5) ALAN F. SCHULTZ, 43
CEO, President and Director
Valassis Communications, Livonia, MI
Salary + Bonus: $1,063,500
Other Compensation: $10,880
Total: $1,074,380
Previous Year Total: $1,051,880
Percentage Change: 2%
6) TIMOTHY C. TUFF, 54
Chairman and CEO
John H. Harland Co., Atlanta
Salary + Bonus: $871,080
Other Compensation: $89,142
Total: $960,222
Previous Year Total: $1,104,505
Percentage Change: -13%
7) REMI MARCOUX
Chairman and CEO
GTC Transcontinental Group, Montreal
Salary + Bonus: C$922,322
Other Compensation: —
Total: C$922,322
Previous Year Total: C$899,346
Percentage Change: 3%
(C= Canadian $$)
8) M. DAVID JONES, 55
Chairman and CEO
Wallace Computer Services, Lisle, IL
Salary + Bonus: $701,400
Other Compensation: $15,723
Total: $717,123
Previous Year Total: $438,050
Percentage Change: 64%
9) ROBERT J. MURRAY, 61
Chairman, President and CEO
New England Business Service, Groton, MA
Salary + Bonus: $594,015
Other Compensation: $102,988
Total: $697,003
Previous Year Total: $588,964
Percentage Change: 18%
10) STEPHANIE A. STREETER, 44
President and COO
Banta Corp., Menasha, WI
Salary + Bonus: $593,584
Other Compensation: $73,063
Total: $666,647
Previous Year Total: —
Percentage Change: —
11) MARSHALL SOROKWASZ, 58
Chairman, President and CEO
TST/Impreso Inc., Coppell, TX
Salary + Bonus: $465,412
Other Compensation: $195,801
Total: $661,213
Previous Year Total: $600,353
Percentage Change: 10%
12) KEITH S. WALTERS, 52
Chairman, President and CEO
Ennis Business Forms, DeSoto, TX
Salary + Bonus: : $587,462
Other Compensation: $25,000
Total: $612,462
Previous Year Total: $475,192
Percentage Change: 29%
13) JAMES F. CONWAY III, 49
Chairman, President and CEO
Courier Corp., N. Chelmsford, MA
Salary + Bonus: : $558,750
Other Compensation: $48,262
Total: $607,012
Previous Year Total: $702,481
Percentage Change: -14%
14) PAUL V. REILLY, 49
President and CEO
Mail-Well Inc., Englewood, CO
Salary + Bonus: $586,732
Other Compensation: —
Total: $586,732
Previous Year Total: $425,000
Percentage Change: 38%
15) ROBERT M. JOHNSON, 56
Chairman and CEO
Bowne & Co., New York
Salary + Bonus: $550,000
Other Compensation: $5,059
Total: $555,059
Previous Year Total: $969,510
Percentage Change: -43%
16) THOMAS D'AGOSTINO SR., 59
Chairman, President and CEO
Workflow Management, Palm Beach, FL
Salary + Bonus: $531,154
Other Compensation: $15,745
Total: $546,899
Previous Year Total: $982,960
Percentage Change: -44%
17) BRUCE V. THOMAS, 46
President and CEO
Cadmus Communications, Richmond, VA
Salary + Bonus: $405,000
Other Compensation: $3,047
Total: $408,047
Previous Year Total: $383,318
Percentage Change: 6%
18) JOE R. DAVIS, 59
Chairman and CEO
Consolidated Graphics, Houston
Salary + Bonus: $400,000
Other Compensation: —
Total: $400,000
Previous Year Total: $346,710
Percentage Change: 15%
19) CLIFF O. BICKELL
President, Printed Products
Scientific Games, Alpharetta, GA
Salary + Bonus: $339,240
Other Compensation: $6,093
Total: $345,333
Previous Year Total: —
Percentage Change: —
20) JOSEPH J. BAKSHA, 50
President and COO
Outlook Group, Neenah, WI
Salary + Bonus: $225,000
Other Compensation: $5,250
Total: $230,250
Previous Year Total: $227,708
Percentage Change: 1%