Johnson & Johnson: "despite the economic dowturn" W.Weldon no perdona...

Weldon's base salary was $1.8 million last year, with the bulk of his pay came as "non-equity incentive plan compensation", Johnson & Johnson said in a regulatory filing Wednesday. This includes an annual performance bonus paid mainly in cash and a plan designed to focus executives on long-term goals. J&J recently updated this program, which was originally established more than 60 years ago.

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Weldon also received perquisites and other personal benefits valued at $114,995 last year, which included $62,847 to cover personal use of J&J aircraft. The value of these perks was down about 38% from the prior year.

J&J's board of directors gave Weldon a 3.2% merit increase effective in February, the company noted.

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Weldon "made difficult personnel decisions with the restructuring in 2009, while maintaining leadership development programs which will produce long-term results for the company," J&J said in the filing.


Read more: J&J CEO's Total Compensation Value Rose To $30.8 Million Last Year at SmartMoney.com http://www.smartmoney.com/news/ON/?story=ON-20100317-000521##ixzz0iWwBmIXV

Recuerda cuales fueron esas "difficult

personnel decisions"...

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