Bank CEO's take: $114.43 million in '06

Bank of America Corp.’s chief executive, Kenneth Lewis, posted a $91.58 million gain from the exercise of options and vesting of stock awards in 2006, in addition to a obtaining a $22.85 million compensation package.

The number two US bank’s profit rose 28 percent last year, a record.

Lewis realized $77.04 million from the exercise of 4.08 million stock options and had $14.54 million of stock awards vest, according to the bank’s proxy filing.

These awards were in addition to a compensation package comprising a $1.5 million salary, $14.63 million of stock and option awards, $6.5 million of incentive awards, and $219,969 of other compensation, including the use of a corporate aircraft, tax and financial planning, and security provisions.
(Reuters)