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Gain due to long-term, performance-based bonus.
March 17, 2011
By: TOM BRANNA
Editor
The stock price and net income declined, but the CEO’s pay climbed. Chairwoman and CEO Andrea Jung of beauty products seller Avon Products Inc., received a $9.9 million pay package in 2010, including a periodic performance bonus, according to an Associated Press analysis of a filing the company made with the Securities and Exchange Commission. Jung, 52, received the same base salary of $1.38 million as in 2009, and she didn’t get stock awards or an annual bonus, according to ...
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