Lowdown on perks for some executives

Mitchell Schnurman provides the “Lowdown on perks for some executives” in a report in the Fort Worth Star-Telegram. And, of course, Gary Pruitt made the list:

$1 million - Bonus to McClatchy CEO Gary Pruitt for completing the acquisition of Knight Ridder, whose newspapers included the Star-Telegram. He also got $2 million in salary and a cash award.

If corporate executives get millions every year, can't they pay for their own cars and country clubs? New details about executive pay are available now, because the Securities and Exchange Commission is requiring more disclosure in proxy statements.

Check out some of the practices at local employers: What's an outrage? What's justifiable? You decide.

$209,324 - Country club bill, including a $200,000 initiation fee, for Eric Sieracki, chief financial officer of Countrywide Financial, which has 3,700 Tarrant workers.

$0 - What Countrywide will pay future execs for country-club costs.

$772 - Cost for home-security monitoring for Texas Instruments CEO Richard Templeton.

$31,250 - Incremental cost for Exxon Mobil CEO Rex Tillerson's personal use of company sports boxes and retreats. Covers catering, transportation, etc., but not the cost of the venues.

$176,415 - RadioShack's moving expenses and relocation cost for Gary Stone, who lasted 15 months as senior vice president of real estate.

$40,396 - RadioShack's moving expenses and relocation cost for James Gooch, chief financial officer, since August.

$100,000 - Maximum that RadioShack will pay for office space and an administrative assistant for former Chairman Leonard Roberts. Since retiring one year ago, Roberts has also been getting $41,667 a month as a company consultant, and his contract continues to December 2008.

$9,530 - What Hallmark Financial paid Chairman Mark Schwarz for medical coverage and a 401(k) match. Other Hallmark execs received the same two perks -- and no more.

$400,000 - One-time bonus to Idearc CEO Katherine Harless "for extraordinary efforts in connection with the company's spin-off from Verizon." She also got $1 million in salary and a cash award.

$10 million - Pay package for Catherine West, who lasted six months as J.C. Penney's chief operating officer.

Click on the headline to read about others in Schnumran’s report.