Legg Mason Inc. CEO Joseph A. Sullivan’s compensation package increased 8 percent to $9.7 million in fiscal 2018, boosted by incentives tied to the asset manager’s performance. Sullivan was paid a $500,000 salary, $4 million cash bonus, $3.32 million in stock awards and $1.66 million in option awards, according to the company’s proxy statement filed with the Securities and Exchange Commission on Wednesday. The cash bonus was up from $3.32 million in 2016. As in prior years, Sullivan’s incentive…
from https://www.bizjournals.com/baltimore/news/2018/06/20/legg-mason-ceo-sullivans-pay-rises-to-9-7-million.html?ana=RSS&s=article_search
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