Boston Private chief gets $3.3m in 2006

Boston Private Financial Holdings Inc. said today that Chairman and Chief Executive Timothy L. Vaill received total compensation valued at $3.3 million for 2006.

The Boston bank holding company said in a definitive proxy filed with the Securities and Exchange Commission that Vaill's compensation included a non-equity incentive plan compensation of $810,000, a salary of $620,000, stock awards valued at $508,020 and option awards valued at $328,227.

For 2005 Vaill received compensation that included a salary of $585,000 and a bonus of $860,538, according to a March 2006 proxy statement. (Dow Jones)