Interpublic Reveals Comp For 5 Top Execs
Michael J. Roth, Interpublic's chairman of the board and CEO, received $1.1 million in base salary for 2007, only about a 3% raise from 2006. The company reported his total compensation--including stock awards, options and incentives--at $8.9 million, about a 16% increase over 2006. But an Associated Press calculation from the filing determined that Roth actually took in $11.1 million during the year--a 28% increase from 2006.
John J. Dooner Jr.--chairman and CEO of McCann WorldGroup, which includes Universal McCann--had a higher base salary than Roth at $1.3 million, also about a 3% raise from 2006. His total compensation, according to the filing, was $5.9 million--about 9% over 2006.
Interpublic is scheduled to release its first-quarter 2008 earnings on April 30. The company had revenues of $6.65 billion in 2007, and increase of 6% over 2006, and a profit of $131 million, compared to a loss of $79.3 million the previous year.