Issue link: https://nebusinessmedia.uberflip.com/i/479449
Book of Lists 2014 www.HartfordBusiness.com septemBer 22, 2014 • Hartford Business Journal 41 General Interest Highest-paid executives in Connecticut (Ranked by total 2013 compensation) Rank Name/ title/ company/ city Total compensation 2013/ 2012 Percent change 2012-2013 2013 Salary 2013 Stock awards 2013 Option awards 2013 Bonus 2013 Non-equity incentive plan compensation 2013 Change in pension value and nonqualified deferred compensation 2013 All other compensation 1 Nolan D. Archibald Former Executive Chairman Stanley Black & Decker Inc. New Britain $52,466,771 $10,585,138 395.7% $308,140 $0 $0 $0 $51,717,202 $0 $441,429 2 Mark T. Bertolini Chairman, President & CEO Aetna Inc. Hartford $30,725,409 $13,285,935 131.3% $996,169 $16,870,691 $11,182,320 $0 $1,380,000 $12,844 $283,385 3 Louis Chênevert Chairman & CEO United Technologies Corp. Hartford $20,274,316 $27,562,325 -26.4% $1,756,250 $6,380,580 $5,387,480 $3,400,000 $697,376 $2,077,574 $575,056 4 Jeffrey R. Immelt Chairman & CEO General Electric Co. Fairfield $19,776,716 $25,806,352 -23.4% $3,466,667 $7,777,191 NA $5,000,000 $2,380,000 $729,075 $423,783 5 Liam McGee (1) Chairman, President & CEO The Hartford Financial Services Group Inc. Hartford $17,670,315 $11,157,261 58.4% $1,100,000 $8,750,000 $3,750,000 NA $3,740,000 NA $330,315 6 Gregory F. Milzcik Former President & CEO Barnes Group Inc. Bristol $16,678,617 $6,923,790 140.9% $306,936 $10,691,189 $5,526,601 NA NA NA $153,891 7 Jeffery H. Boyd Chairman, President & CEO Priceline.com Inc. Norwalk $15,058,300 $10,307,531 46.1% $550,000 $8,000,326 NA NA $6,500,000 NA $7,974 8 Stephen F. Angel Chairman, President & CEO Praxair Inc. Danbury $13,585,609 $17,781,195 -23.6% $1,237,500 $4,658,736 $3,057,377 NA $3,109,219 $1,324,000 $198,777 9 David M. Cordani President & CEO Cigna Corp. Bloomfield $13,524,079 $12,881,495 5.0% $1,034,615 $6,080,687 $4,096,268 NA $2,160,000 NA $152,509 10 Leonard Bell CEO & Treasurer Alexion Pharmaceuticals Inc. Cheshire $13,388,704 $13,599,451 -1.5% $1,200,000 $4,270,038 $5,501,012 NA $2,400,000 NA $17,654 11 Daniel C. Heintzelman Vice Chairman General Electric Co. Fairfield $13,256,497 NA NA $1,060,416 $3,567,000 $2,260,000 $1,500,000 $0 $379,115 $4,489,966 12 John G. Rice Vice Chairman General Electric Co. Fairfield $12,913,959 $25,047,977 -48.4% $2,300,000 $0 $2,938,000 $4,100,000 $1,834,000 $306,685 $1,435,274 13 Keith S. Sherin Vice Chairman General Electric Co. Fairfield $11,528,361 $20,157,365 -42.8% $2,175,000 $0 $2,938,000 $3,780,000 $1,702,400 $699,512 $233,449 14 William R. Berkley Chairman & CEO WR Berkley Corp. Greenwich $11,159,578 $31,296,780 -64.3% $1,000,000 NA NA NA $9,144,701 NA $1,014,877 15 Frits van Paasschen President & CEO Starwood Hotels & Resorts Worldwide Inc. Stamford $10,913,694 $9,103,039 19.9% $1,250,000 $7,056,200 NA NA $2,528,750 NA $78,744 16 John F. Lundgren Chairman & CEO Stanley Black & Decker Inc. New Britain $10,667,162 $13,057,873 -18.3% $1,300,000 $5,273,402 $1,552,500 $0 $1,727,700 $434,022 $379,538 17 Ursula M. Burns Chairman & CEO Xerox Corp. Norwalk $10,237,021 (2) $13,070,245 -21.7% $1,100,000 $7,750,002 (3) NA NA $1,320,000 NA $67,019 18 Brackett B. Denniston III SVP, General Counsel & Secretary General Electric Co. Fairfield $8,868,483 $16,295,892 -45.6% $1,650,000 $0 $2,486,000 $2,875,000 $1,302,000 $384,326 $171,158 19 Dinesh Paliwal Chairman, President & CEO Harman International Industries Stamford $8,763,411 $16,072,492 -45.5% $1,216,465 $5,325,658 $0 $0 $0 $2,110,951 $110,337 20 James M. Loree President & COO Stanley Black & Decker Inc. New Britain $8,554,885 $7,332,185 16.7% $810,000 $2,976,181 $1,035,000 $0 $717,660 $2,825,465 $190,579 Source: Individual companies' proxy statements. Note: NA=Not applicable. (1) Resigned in 2014 and replaced by Chris Swift. (2) Includes stock award given on Jan 1, 2014. (3) Figure represents stock awards given on Jan 1, 2014. —Compiled by Roger Magnus and Heide Martin.