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Sunday, 22 February 2009 |
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AT&T's executives have asked us to consider the economic realities when evaluating their proposed agreements for new contracts. Let's take a look at the economic realities of the executives' just-released 2008 compensation: AT&T's top 5 executives were rewarded a total of $33.5 million dollars last year.
AT&T 2008 Executive Compensation Randall Stephenson, Chairman, CEO & President
$11,565,255 Richard Lindner, Sr. Exec. Vice President & CFO
$ 4,623,241 Ralph de la Vega, President & CEO, AT&T Mobility & Consumer Markets
$ 6,150,645 Forrest Miller, Group Pres., Corp. Strategy & Dev.
$ 5,517,097 John Stankey, President & CEO, AT&T Operations
$ 5,595,671 Total for top execs in 2008:
$33,451,909 Source: AT&T preliminary proxy statement filed 2/17/09 These amounts include not just the cash they take home, but a large array of Company-paid perks like financial counseling, tax preparation, car benefits, personal use of Company aircraft, supplemental health insurance premiums, club membership, and home security. There's also a group of executive part-timers at AT&T who are doing well: The members of AT&T's board of directors were paid an average of more than $275,000 each. (Average for the 13 directors who served for all of 2008.) We aren't asking for millions or for seats on the company jet. We want a fair contract that rewards our hard work and helps us take care of our families and our futures. Together, we'll get it. One Union. One Fight. One Future. |
