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Pay for CEOs in the Northwest shot up in 2007

CEO perks appeared less prevalent than in previous years, perhaps because the U.S. Securities and Exchange Commission now requires more disclosure of things like auto allowances, security costs and health-club memberships.

Pay for the Northwest’s top CEOs shot up last year, despite a turbulent stock market and concerns about a possible U.S. recession, according to a new analysis for The Seattle Times.

The 20-best paid CEOs who were in place for both 2006 and 2007 saw their median compensation rise to $8 million from $6.1 million the year before.

By Amy Martinez

Seattle Times business reporter

Full Story: http://seattletimes.nwsource.com/html/businesstechnology/2004476802_ceopay15.html

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