Executive Compensation 2010
How do the region's chief executives stack up when it comes to their pay? For an answer, Capital Business commissioned Equilar, an executive compensation research firm, to analyze the annual pay of CEOs at 100 of the area's largest public companies.
Equilar examined the compensation totals for the chief executives serving as of the close of the companies' most recent completed fiscal year ended on or after March 31, 2010, which means in some cases an executive may have since moved on. So consider this listing a snapshot in time.
Click on table headers to sort alphabetically by name or numerically by dollar amount, or use the search field to filter by keyword.
| Rank | Executive | Title | Company | Cash Total | Other Total | Total Compensation |
|---|---|---|---|---|---|---|
| 1 | David M. Zaslav | President & CEO | Discovery Communications | $6,410,000 | $36,179,296 | $42,589,296 |
| 2 | Paul C. Saville | President & CEO | NVR | $1,281,299 | $29,598,513 | $30,879,812 |
| 3 | Wesley G. Bush 1 | President & CEO | Northrop Grumman | $4,372,115 | $17,777,310 | $22,149,425 |
| 4 | Robert J. Stevens | Chairman & CEO | Lockheed Martin | $10,450,000 | $8,668,612 | $19,118,612 |
| 5 | H. Lawrence Culp, Jr. | President & CEO | Danaher | $5,517,778 | $11,512,222 | $17,030,000 |
| 6 | Martine A. Rothblatt | Chairman & CEO | United Therapeutics | $1,774,768 | $14,319,884 | $16,094,652 |
| 7 | Richard D. Fairbank | Chairman, President & CEO | Capital One | $0 | $14,850,675 | $14,850,675 |
| 8 | Jay L. Johnson | Chairman & CEO | General Dynamics | $4,500,000 | $9,251,115 | $13,751,115 |
| 9 | Allen F. Wise | Chairman & CEO | Coventry Health Care | $6,350,000 | $7,297,413 | $13,647,413 |
| 10 | H. Thomas Watkins | President & CEO | Human Genome Sciences | $1,266,923 | $8,588,400 | $9,855,323 |
| 11 | Donald C. Wood | President & CEO | Federal Realty Investment Trust | $1,848,154 | $7,914,338 | $9,762,492 |
| 12 | J. Willard Marriott, Jr. | Chairman & CEO | Marriott International | $3,521,482 | $6,099,387 | $9,620,869 |
| 13 | Mark S. Ordan | CEO | Sunrise Senior Living | $5,602,500 | $3,132,000 | $8,734,500 |
| 14 | Malon Wilkus | Chairman & CEO | American Capital | $4,495,000 | $4,160,221 | $8,655,221 |
| 15 | Craig A. Dubow | Chairman & CEO | Gannett | $2,730,769 | $5,196,365 | $7,927,134 |
| 16 | Paul T. Hanrahan | President & CEO | AES | $5,065,400 | $2,803,320 | $7,868,720 |
| 17 | A. L. Giannopoulos | Chairman, President & CEO | Micros Systems | $6,166,944 | $1,677,745 | $7,844,689 |
| 18 | W. Edward Walter | President & CEO | Host Hotels & Resorts | $2,031,503 | $5,506,921 | $7,538,424 |
| 19 | Richard J. Hendrix | President & CEO | FBR Capital Markets | $1,150,000 | $5,942,252 | $7,092,252 |
| 20 | Magid M. Abraham | President & CEO | ComScore | $393,125 | $6,171,107 | $6,564,232 |
| 21 | Randall M. Griffin | CEO | Corporate Office Properties Trust | $1,676,372 | $4,376,638 | $6,053,010 |
| 22 | Alfred C. Liggins, III | President & CEO | Radio One | $2,109,992 | $3,249,673 * | $5,359,665 |
| 23 | Charles E. Haldeman, Jr. | CEO | Freddie Mac | $5,134,700 | $104,374 | $5,239,074 |
| 24 | Alfred E. Festa | Chairman, President & CEO | WR Grace & Co | $2,390,110 | $2,821,849 | $5,211,959 |
| 25 | Walter P. Havenstein | CEO | SAIC | $2,077,750 | $3,075,290 | $5,153,040 |
| 26 | Steven P. Dussek | CEO | NII Holdings | $1,810,337 | $3,066,192 | $4,876,529 |
| 27 | Michael J. Williams | President & CEO | Fannie Mae | $4,745,000 | $16,300 | $4,761,300 |
| 28 | Paul M. Cofoni | President & CEO | CACI International | $2,483,526 | $2,193,477 | $4,677,003 |
| 29 | William T. Kerr 2 | President & CEO | Arbitron | $1,769,231 | $2,885,812 | $4,655,043 |
| 30 | Stephen P. Joyce | President & CEO | Choice Hotels International | $1,796,671 | $2,731,361 | $4,528,032 |
| 31 | John K. Welch | President & CEO | USEC | $2,064,600 | $2,334,511 | $4,399,111 |
| 32 | David T. Blair | CEO | Catalyst Health Solutions | $2,035,385 | $2,318,809 | $4,354,194 |
| 33 | Bryce Blair | Chairman & CEO | AvalonBay Communities | $2,091,869 | $2,226,040 | $4,317,909 |
| 34 | Ralph W. Shrader | Chairman, President & CEO | Booz Allen Hamilton | $2,721,645 | $1,474,503 | $4,196,148 |
| 35 | Kevin T. Parker | Chairman, President & CEO | Deltek | $936,075 | $3,139,705 | $4,075,780 |
| 36 | David Schaeffer | Chairman, President & CEO | Cogent Communications Group | $323,122 | $3,667,751 | $3,990,873 |
| 37 | Michael J. Saylor | Chairman, President & CEO | MicroStrategy | $2,807,000 | $1,167,553 | $3,974,553 |
| 38 | Richard E. Rudman | Chairman, President & CEO | Vocus | $793,250 | $3,180,472 | $3,973,722 |
| 39 | Michael L. Chasen | President & CEO | Blackboard | $1,252,417 | $2,389,704 | $3,642,121 |
| 40 | George J. Pedersen | Chairman & CEO | ManTech International | $3,085,206 | $184,940 | $3,270,146 |
| 41 | Richard A. Montoni | President & CEO | Maximus | $1,400,000 | $1,858,409 | $3,258,409 |
| 42 | Mark W. Brugger | CEO | DiamondRock Hospitality | $1,470,750 | $1,537,046 | $3,007,796 |
| 43 | Hossein Fateh | President & CEO | DuPont Fabros Technology | $1,029,808 | $1,972,442 | $3,002,250 |
| 44 | Michael A. Gerber | President & CEO | Farmer Mac | $1,563,128 | $1,437,615 | $3,000,743 |
| 45 | Mihael H. Polymeropoulos | President & CEO | Vanda Pharmaceuticals | $852,147 | $2,138,875 | $2,991,022 |
| 46 | Joseph M. Rigby | Chairman, President & CEO | Pepco Holdings | $881,667 | $2,082,329 | $2,963,996 |
| 47 | Joseph L. Cowan 3 | President & CEO | Online Resources | $536,488 | $2,250,000 | $2,786,488 |
| 48 | Michael D. Barnello | President & CEO | LaSalle Hotel Properties | $1,500,000 | $1,284,937 | $2,784,937 |
| 49 | Sudhakar Kesavan | Chairman & CEO | ICF International | $1,178,391 | $1,582,225 | $2,760,616 |
| 50 | Ronald J. Packard | CEO | K12 | $946,200 | $1,731,604 | $2,677,804 |
| 51 | Fuad El-Hibri | Chairman & CEO | Emergent BioSolutions | $1,357,478 | $1,261,588 | $2,619,066 |
| 52 | Michael R. Stanfield | Chairman & CEO | Intersections | $420,000 | $2,031,682 | $2,451,682 |
| 53 | Andrew C. Florance | President & CEO | CoStar Group | $807,119 | $1,625,952 | $2,433,071 |
| 54 | Terry D. McCallister 4 | Chairman & CEO | WGL Holdings | $1,192,880 | $1,168,425 | $2,361,305 |
| 55 | Lisa A. Hook 5 | President & CEO | NeuStar | $1,020,041 | $1,317,885 | $2,337,926 |
| 56 | Peter D. Aquino 6 | Chairman, President & CEO | Primus Telecommunications Group | $967,331 | $1,235,674 | $2,203,005 |
| 57 | Ronald W. Kaplan | Chairman, President & CEO | Trex | $1,126,250 | $1,074,372 | $2,200,622 |
| 58 | Gary B. Smith | President & CEO | Ciena | $650,000 | $1,514,517 | $2,164,517 |
| 59 | Matthew M. O'Connell | President & CEO | GeoEye | $1,056,596 | $1,057,354 | $2,113,950 |
| 60 | Vincent D. Kelly | President & CEO | USA Mobility | $1,321,809 | $744,918 | $2,066,727 |
| 61 | Thomas L. Monahan, III | Chairman & CEO | Corporate Executive Board | $1,491,250 | $510,896 | $2,002,146 |
| 62 | Pradman P. Kaul | President & CEO | Hughes Communications 7 | $1,407,231 | $574,994 | $1,982,225 |
| 63 | William P. Angrick, III | Chairman & CEO | Liquidity Services | $872,358 | $1,054,401 | $1,926,759 |
| 64 | David W. Thompson | Chairman & CEO | Orbital Sciences | $1,216,000 | $668,427 | $1,884,427 |
| 65 | John C. Burris | CEO | Sourcefire | $883,200 | $979,369 | $1,862,569 |
| 66 | William M. Walker | Chairman, President & CEO | Walker & Dunlop | $1,240,606 | $500,000 | $1,740,606 |
| 67 | Maurice B. Tose | Chairman, President & CEO | TeleCommunication Systems | $729,012 | $984,469 | $1,713,481 |
| 68 | Douglas J. Donatelli | Chairman & CEO | First Potomac Realty Trust | $857,800 | $799,080 | $1,656,880 |
| 69 | Robert S. Silberman | Chairman & CEO | Strayer Education | $1,540,000 | $9,800 | $1,549,800 |
| 70 | Jon E. Bortz | Chairman, President & CEO | Pebblebrook Hotel Trust | $900,000 | $638,846 | $1,538,846 |
| 71 | Matthew J. Desch | CEO | Iridium Communications | $1,404,000 | $23,702 | $1,427,702 |
| 72 | Stanton D. Sloane | President & CEO | SRA International 8 | $1,306,441 | $103,912 | $1,410,353 |
| 73 | Maurice A. Gauthier | President, Chief Operating Officer & CEO | VSE | $900,009 | $465,968 | $1,365,977 |
| 74 | Seth Grae | President & CEO | Lightbridge | $598,104 | $734,629 | $1,332,733 |
| 75 | Roberta A. Lipson | President & CEO | Chindex International | $476,242 | $835,437 | $1,311,679** |
| 76 | Steven A. Museles 9 | Co-CEO | CapitalSource | $1,300,000 | $1,080 | $1,301,080 |
| 77 | James J. Pieczynski 10 | Co-CEO | CapitalSource | $1,300,000 | $1,080 | $1,301,080 |
| 78 | George F. McKenzie | President & CEO | Washington Real Estate Investment Trust | $905,824 | $382,844 | $1,288,668 |
| 79 | John F. Hillen, III | President & CEO | Sotera Defense Solutions11 | $665,373 | $618,250 | $1,283,623 |
| 80 | James P. Regan | Chairman, President & CEO | Dynamics Research | $1,015,269 | $115,682 | $1,130,951 |
| 81 | Bernard H. Clineburg | Chairman & CEO | Cardinal Financial | $851,731 | $140,336 | $992,067 |
| 82 | Alex P. Hart 12 | President & CEO | Tier Technologies | $138,462 | $836,879 | $975,341 |
| 83 | Charles K. Narang | Chairman & CEO | NCI | $948,457 | $24,982 | $973,439 |
| 84 | Scott N. Greenberg | CEO | GP Strategies Group | $477,125 | $391,394 | $868,519 |
| 85 | Ronald D. Paul | President & CEO | Eagle Bancorp | $813,000 | $30,185 | $843,185 |
| 86 | Ryuji Ueno | Chairman, Chief Scientific Officer & CEO | Sucampo Pharmaceuticals | $833,191 | $2,700 | $835,891 |
| 87 | Michael Tessler | President & CEO | Broadsoft | $650,000 | $142,497 | $792,497 |
| 88 | Daniel J. Schrider | President & CEO | Sandy Spring Bancorp | $457,975 | $226,767 | $684,742 |
| 89 | Edward H. Bersoff 13 | Chairman, President & CEO | ATS | $584,375 | $86,788 | $671,163 |
| 90 | Henry H. Graham, Jr. | CEO | TNS | $621,850 | $18,471 | $640,321 |
| 91 | Christopher Clemente | Chairman & CEO | Comstock Homebuilding Companies | $274,000 | $274,000 | $548,000 |
| 92 | Nicholas Schacht | President & CEO | Learning Tree International | $399,500 | $140,794 | $540,294 |
| 93 | Leonard E. Moodispaw | Chairman, President & CEO | KEYW | $479,380 | $59,304 | $538,684 |
| 94 | Peter A. Converse | President & CEO | Virginia Commerce Bancorp | $429,000 | $32,264 | $461,264 |
| 95 | Donald E. Graham | Chairman & CEO | The Washington Post | $400,000 | $12,740 | $412,740 |
| 96 | Rainer H. Bosselmann | Chairman & CEO | Argan | $325,000 | $80,500 | $405,500 |
| 97 | Claire L. Kruger | Chief Operating Officer & CEO | Spherix | $405,000 | $0 | $405,000 |
| 98 | Paul G. Casner, Jr. | President & CEO | Integral Systems 14 | $387,000 | $11,700 | $398,700 |
| 99 | Sterling Phillips 15 | President & CEO | GTSI | $25,000 | $194,130 | $219,130 |
| 100 | B. Francis Saul II | Chairman & CEO | Saul Centers | $150,000 | $64,902 | $214,902 |
| 101 | Anthony L. Otten 16 | CEO | Versar | $107,308 | $35,577 | $142,885 |
SOURCE: Equilar, an executive compensation research firm.
Notes about the data
Footnotes
1. Bush became CEO on January 1, 2010.
2. Kerr became CEO on January 11, 2010. Salary not annualized.
3. Cowan became CEO on June 15, 2010. Salary not annualized.
4. McCallister became CEO on October 1, 2009.
5. Hook became CEO on October 15, 2010.
6. Aquino became CEO on October 12, 2010. Salary not annualized.
7. Hughes Communication has since been bought by EchoStar Corp.
8. Providence Equity Partners has reached an agreement to take SRA private.
9. Mr. Museles became Co-CEO on January 1, 2010.
10. Pieczynski became Co-CEO on January 1, 2010.
11. Formerly known as Global Defense Technology & Systems; acquired by private equity entities effective April 4, 2011.
12. Hart became CEO on August 16, 2010. Salary not annualized
13. Bersoff left the CEO position on December 31, 2010.
14. Integral Systems has since been bought by Kratos Defense & Security Solutions.
15. Phillips became CEO on December 1, 2010. Salary not annualized.
16. Otten became CEO on February 10, 2010. Salary not annualized.
* A portion of this compensation is in the form of stock awards valued by Equilar using the closing share price on January 5, 2010, the date of grant.
** Fiscal 2010 represents a nine month transition period ending December 31, 2010, and accordingly compensation corresponds to the period from April 1, 2010 to December 31, 2010.
Methodology
To examine chief executive pay at nearly 100 of the largest public companies in the District of Columbia, Northern Virginia and Maryland region, Capital Business asked Equilar, an executive compensation data firm, to analyze pay data from corporate filings.
Equilar compiled total annual compensation figures for the chief executives serving as of the close of the most recent completed fiscal year ended on or after March 31, 2010. For each chief executive studied, total annual compensation includes base salary, cash bonus payouts, the grant-date value of stock and option awards, and other compensation. Other compensation typically includes benefits and perquisites.
At some companies, the leadership may have changed since our cutoff point, but we chose to report the compensation of the executive in place at the time to provide our best possible apples-to-apples comparison.
Similarly, some companies have announced deals to go private, change names or be bought since the close of their fiscal year. We opted to include them, noting their current status.
For each company, all components of compensation were collected directly from the Summary Compensation Table of the proxy statement.
Grant-date values for equity awards represent the estimated value of new service-based and performance-based stock and option awards. Although companies disclose these values, there is no guarantee that an executive will actually realize the amounts shown. An executive may earn more or less depending on stock price movements and the achievement of vesting requirements or performance goals.
Furthermore, Equilar's analysis reports equity awards in the fiscal year they were granted. Sometimes these awards are paid out over several years and have conditions attached, which could affect how much an executive ultimately collects. Also, in some cases, companies grant equity awards at the beginning of each fiscal year based on performance in the prior fiscal year. As a result, equity awards granted in a fiscal year should not necessarily be viewed as indicative of corporate performance in the same year.
Finally, we shared the results of our survey with companies before publication so they could respond to any inaccuracies
