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As Capital One Financial Corp. is fond of asking, What's in your wallet?
In company chief executive Richard D. Fairbank's case it was $31.6 million last year, a walletful based on awards of company stock, but with $65,000 (an amount that topped the average Washington worker's wage of $50,000) thrown in to help him manage his money.
When it comes to the assigned value of human effort, top corporate executives are a breed apart, as this year's survey of Washington area executive compensation reaffirms.
They make a lot, it tends to increase quickly and chances are anyone reading this is helping pay the freight -- if you own a home (the chief executives at mortgage companies Freddie Mac and Fannie Mae received $15.6 million and $11.5 million, respectively) . . . owe on a student loan (SLM Corp.'s Thomas J. Fitzpatrick clocked in at $39.6 million) . . . or pay federal taxes (the heads of defense contractors General Dynamics Corp. and Lockheed Martin Corp. received $17.7 million and $15.7 million, respectively).
So if you are wondering what happens to those monthly cellphone payments (Gary D. Forsee, president and chief executive of Sprint Nextel Corp., $30 million) or that hefty bar tab at the Marriott Wardman Park (J. W. Marriott Jr., chairman and chief executive of Marriott International Inc., $11.9 million), read on.
