TITLE

Comerica Gives Its Chairman a Raise

AUTHOR(S)
Cole, Jim
PUB. DATE
January 2006
SOURCE
American Banker;1/31/2006, Vol. 171 Issue 20, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about the salary of Comerica Inc.'s chairman and chief executive Ralph W. Babb Jr. He will receive a base salary of $927,025 this year, as well as a $2.21 million bonus for his performance last year. Babb will also receive 29,000 shares of restricted stock, which will vest in five years, and 100,000 stock options, the Detroit company said in a Securities and Exchange Commission filing.
ACCESSION #
19615172

 

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