Franklin Resources [profile] CEO Greg Johnson's pay rose 47 percent to $9.9 million for the fiscal year that ended September 30, 2011, according to an SEC filing picked up by Bloomberg.

Click here to view the filing. The summary compensation table appears on page 42.

The filing notes that the San Mateo, California-based asset manager chalked up long-term sales of $220.8 billion, up 17 percent over the record sales of $188.5 billion in the 2010 fiscal year.

Franklin's executive vice president of global distribution, Vijay Advani, saw total compensation rise to $5.78 million from $3.78 million in 2010.

Chief operating officer Jennifer Johnson, sister of Greg, received compensation of $3.38 million, up from $2.81 million the year before.

Shares of Franklin Resources were down 11 percent in the year ended September 30. The 20-member S&P index of asset managers and custody banks saw a decline of 19 percent, according to Bloomberg. 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE