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August 30, 2004
By: TOM BRANNA
Editor
Procter & Gamble, Cincinnati, announced that A.G. Lafley, chairman, president and chief executiveofficer, earned a base salary of $1.7 million this year and received other compensation, including a$3.5 million bonus. Mr. Lafley chose to receive his $3.5 million bonus as stock options. Mr. Lafleyreceived a $3 million bonus last year.P&G executives said Mr. Lafley also earned $9.86 million, or 68% of the total three-year awardunder a business growth program.In a new three-year program th...
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