Company News, Financial News

P&G Announces Salaries, Bonuses

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By: TOM BRANNA

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Procter & Gamble, Cincinnati, announced that A.G. Lafley, chairman, president and chief executive officer, 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. Lafley received a $3 million bonus last year. P&G executives said Mr. Lafley also earned $9.86 million, or 68% of the total three-year award under a business growth program....

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