With all the drama surrounding the Chicago Board of Trade sale to, well, who knows, we tend to forget the executives behind the curtain. In the latest listing of Crain’s Chicago Business Fortunate 100, two Chicago exchanges are represented. Craig Donohue, CEO of the Chicago Mercantile Exchange, came in 43rd on the list of the Fortunate 100, with total 2006 compensation of $4.7 million, which was about $1.7 million above 2005. His salary was listed at $850,000, with a $1.16 million bonus. This also included another $2.5 million in stock options. Donohue was definitely worth his weight in that gold as the exchange brought in $1.2 billion in revenues, with a market capitalization of $17.7 billion, while shareholders got a 39.4% return for the year. Across the loop at the Chicago Board of Trade, CEO Bernie Dan was ranked at 57, with 2006 compensation of $3.5 million in 2006 compensation, which appears lower than his total 2005 payout of $6 million. Dan has done even better for shareholders, getting them a 61% return for the year. Other industry players on the list include OptionsXpress former president and CEO John E. Carroll Jr., who resigned this April. He had a $2.6 million compensation in 2006. Not on the list yet: the InterContinental Exchange’s Jeff Sprecher. Who topped the list? Chairman and president of UAL Corp Glenn F. Tilton, who made $39.7 million dollars in 2006. His generals seems to have done well also, topping the list of highest paid non-CEOs. Obviously it pays to fly and it shows.

Tags: airlines, executive compensation, futures exchanges

This entry was posted on Tuesday, May 29th, 2007 at 9:40 pm and is filed under Roundups. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.