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DuPont Boosts CEO Compensation

Fri, 03/16/2012 - 2:13pm
RANDALL CHASE - AP Business Writer - Associated Press

DuPont Co. chairwoman and CEO Ellen Kullman received compensation valued at almost $12.3 million last year, a 9 percent increase from 2010.

The chemical giant, based in Wilmington, Del., said in a regulatory filing Friday that Kullman showed strong leadership during the year, with sales and earnings per share, excluding one-time items, increasing by double-digit percentages.

Kullman received a base salary of $1.3 million, a 3 percent increase. Her stock awards grew by 17 percent to $5.5 million, while her option awards grew 15 percent to $2.5 million.

Kullman's executive perks jumped 51 percent last year to $464,181, up from $307,514 in 2010.

An Associated Press calculation of Kullman's compensation counts salary, bonuses, perks and stock and options she received during the year.

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