LeBoeuf's salary up

PPG Industries Inc. Chairman Raymond W. LeBoeuf received a nearly 8 percent increase in his base salary in 2003, plus an increased bonus and a substantial hike in other compensation.

According to a proxy statement filed with the Securities and Exchange Commission Thursday in advance of the Pittsburgh-based company's April 15 annual meeting, LeBoeuf earned $950,000 in base salary, up from $880,000 in 2002, when his compensation was affected by a management salary freeze. His 2003 bonus was $1.4 million, up from $1.2 million in 2002. In addition, he received about $6.3 million in other compensation last year, the bulk of which was a payout of about $5.7 million from the company's long-term incentive plan.

600450 LeBoeuf's salary up glassonweb.com

See more news about:

Others also read

The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Christmas got a little bluer for the local glass industry this week with the closure of yet another plant.

Add new comment