Friday, April 20, 2012
AFL-CIO says Dow Chemical CEO Andrew Liveris among Michigan's top three executive earners
Andrew N. Liveris, chairman and chief executive officer of the Dow Chemical Co., makes more money than nearly every other publicly-held company CEO in the state of Michigan. The AFL-CIO released a list of America's 100 highest paid chief executives of publicly held companies, breaking it down by state. While Liveris's 2010 earnings of $21,337,757 ranked him in the bottom 50 percent of the country's highest earning CEO's, it put him in the No. 3 spot in Michigan. Privately-held companies were not included in the list. While Liveris earned a salary of only $1,691,667, according to data from the AFL-CIO, he earned $5,683,729 in stock awards, had stock options valued at $5,060,006, a non-equity incentive plan compensation of $5,000,000, a change in pension value and deferred compensation earnings of $3,605,210, and a total of $297,145 in other compensation.
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