US: Anheuser boss pay package jumps 11%
The boss of Anheuser-Busch, the world's largest brewer, saw his total compensation package before options jump nearly 11% in 2003, the company said in its proxy filing with the Securities and Exchange Commission.
President and chief executive Patrick T. Stokes received total compensation of nearly US$5.1m in 2003, compared with nearly US$4.6m in 2002. His base salary went up to US$1.4m in 2003, from just over US$1.3m a year before. Meanwhile he was awarded a bonus of US$3.5m in 2003, compared with US$3.1m in 2002.
Stokes' stock options remained unchanged, receiving nearly 1.4m in 2003, the same amount he received in 2002.
Sectors: Beer & cider
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