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Interpublic CEO's Pay Valued at $8.7 million

Associated Press via Businessweek, Thursday, April 26, 2007 12:51 PM

Michael Roth, chairman and CEO of Interpublic, walked away with compensation valued at about $8.7 million in 2006, according to the money-losing company's proxy statement. To get that figure, the Associated Press calculated total pay that includes salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock options and awards.

Roth's salary was $1.1 million, and he got stock and option awards valued at almost $5.4 million, along with incentives worth $2.1 million and "other compensation" of $172,948.

Interpublic reported a loss of $79.3 million in 2006 as the company struggled with accounting problems and client losses. But from a low of under $8 in July, the company's stock has climbed to the $13-$13 range.

Read the whole story at Associated Press via Businessweek »

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