Issue link: https://nebusinessmedia.uberflip.com/i/536697
www.wbjournal.com Book Of Lists 2015 • Worcester Business Journal 77 Highest-paid CEOs Ranked by total compensation in fiscal year 2014 for public companies headquartered in Central Mass. Name Total compensation Salary Bonus Non-equity incentive plan compensation Option awards Stock awards Other annual compensation 1 Carol Meyrowitz The TJX Cos. Inc., Framingham $22,514,033 $1,475,001 $0 $4,623,832 $680,528 $13,898,400 $43,041 2 Ronald L. Sargent Staples Inc., Framingham $12,391,537 $1,249,208 $0 $2,591,478 $0 $8,225,000 $325,851 3 Joseph M. Tucci EMC Corp., Hopkinton $11,203,318 $1,000,000 $0 $1,307,021 $0 $8,415,112 $481,186 4 Michael F. Mahoney Boston Scientific Corp., Marlborough $10,527,884 $921,302 $0 $1,404,150 $1,899,718 $6,044,228 $59,866 5 Frederick H. Eppinger The Hanover Insurance Group Inc., Worcester $5,233,573 $1,000,000 $0 $1,200,000 $1,209,236 $1,742,820 $79,955 6 Paul K. Wotten * Ocata Therapeutics Inc. **, Marlborough $4,303,795 $243,269 $71,156 $0 $1,980,000 $1,965,000 $44,370 7 Krishan Canekeratne Virtusa Corp., Westborough $3,078,213 $425,000 $0 $310,250 $0 $2,342,963 $0 8 Daniel P. McGahn AMSC ***, Devens $2,061,336 $500,000 $0 $533,000 $1,018 $0 $10,536 9 Raghu Rau III SeaChange International Inc., Acton $1,535,167 $500,000 $170,000 $75,000 $0 $750,000 $40,167 10 Douglas A. Berthiaume Waters Corp., Milford $1,504,903 $797,258 $0 $527,946 $0 $0 $49,006 11 Jeffrey A. Duchemin Harvard Bioscience Inc., Holliston $1,362,426 $370,417 $300,000 $0 $663,000 $0 $29,009 12 Valentin P. Gapontsev IPG Photonics Corp., Oxford $1,180,164 $559,259 $0 $609,780 $0 $0 $11,125 13 Douglas A. Starrett The L.S. Starrett Co., Athol $827,674 $394,000 $0 $76,830 $0 $0 $0 14 Geert Cauwenbergh RXi Pharmaceuticals Corp., Marlborough $801,726 $381,274 $114,000 $0 $305,900 $0 $552 15 Raymond C. Kubacki Psychemedics Corp., Acton $738,247 $429,510 $107,377 $0 $0 $194,610 $6,750 16 George P. Sakellaris Ameresco Inc., Framingham $664,936 $550,000 $0 $0 $87,920 $0 $27,016 17 Robert H. Eder Providence and Worcester Railroad Co., Worcester $485,468 $449,873 $0 $0 $0 $0 $35,595 18 Stephen L. Day Dover Saddlery, Littleton $469,285 $377,710 $66,327 $0 $0 $0 $25,247 19 Matthew Boyle **** Sevcon Inc., Southborough $391,456 $338,550 $50,482 $0 $0 $0 $2,424 20 Salvatore Emma Jr. Arrhythmia Research Technology Inc., Fitchburg $258,750 $225,000 $33,750 $0 $0 $0 $0 Source: The U.S. Securities and Exchange Commission proxy statements * Joined the company on July 21, 2014. ** Formerly Advanced Cell Technology Inc. *** Formerly American Superconductor Corp. **** Boyle is a resident of the United Kingdom and received compensation in British pounds. U.S. dollar figures were calculated based on FY 2014 exchange rates and reported that way in the proxy. - Compiled by: Roger Magnus and Heide Martin, rmagnus@nebusinessmedia.com