MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, March 22, 2012 Chris Donahue, Greg Johnson and Jamie Kennedy All Had a Good 2011 The CEOs of Federated Investors [profile], Franklin Resources [profile] and T. Rowe Price [profile] all took home more dough last year, even as regulatory threats to the money market mutual fund business and volatile financial markets loom, and even as other financial services CEOs' pay fell, reports the Wall Street Journal. Based on the security filings, the combined compensation of the CEOs amounted to $22.4 million in 2011, up 28 percent from 2010. T. Rowe Price chief Jamie Kennedy's total pay climbed 11 percent, Franklin's Greg Johnson's jumped 47 percent and Federated's Chris Donahue's went up 28 percent. On the flip side, the WSJ notes that pay for BlackRock CEO Larry Fink and Janus CEO Dick Weil fell in 2011. Printed from: MFWire.com/story.asp?s=39537 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |