Top paid CEOs in Mass.
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How much do the high-paid chief executives earn each year in financial compensation? See the compensation as reported by companies to the US Securities and Exchange Commission in annual reports for 2012. Companies listed were a part of an AFL-CIO survey of companies nationwide. Boston.com updated AFL-CIO data when newer information was available.
Data listed is for 2011 compensation, which includes, in many instances, salary and stock options, among other payments.
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2012 compensation: $4.5 million
The Boston-based firm recently launched Xively, a cloud platform that’s designed to help companies simplify the development of connected products that can be quickly deployed, easily interact with other connected offerings, and scale to billions of devices.
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Mark S. Casady
Company: LPL Financial Holdings Inc.
2012 compensation: $4.6 million
The Boston-based network of brokers reported revenues of $3.6 billion in 2012, according to its website. Casady also granted $1,479 in brokerage commissions and $28,169 for a car lease as part of his pay package.
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Robert A. Cascella
2012 compensation: $5.3 million
2011 compensation: $6 million
The Bedford-based company specializes in developing, manufacturing, and supplying diagnostic products, medical imaging systems, and surgical products for women, according to its website. Hologic develops and manufactures diagnostics, medical imaging systems, and surgical products for the health care needs of women. The company reported $2 billion in revenues in 2012, according to its annual report.
In May, the US Food and Drug Administration approved the use of software that Hologic developed for its mammography screening program, a company press release said.
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Leo Berlinghieri
2012 compensation: $5.7 million
2011 compensation: $7 million
Berlinghieri became president and chief executive in July 2005.
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Charles W. Shivery
2012 compensation: $6.2 million
2011 compensation: $9.6 million
NStar merged with Northeast Utilities in April 2012. Shivery is now non-executive chairman of the company’s board of trustees. Left: NStar chief executive Thomas May, left, and Shivery, right.
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James C. Foster
Company: Charles River Labs International, Inc.
2012 compensation: $6.2 million
The Wilmington-based biotechnology company took the No. 51 slot on this year’s Globe 100. The company breeds animals for research and reported sales of $1.1 billion last year, which represented a 1 percent decrease, according to the company’s annual report.
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Patrick M. Provost
2012 compensation: $6.3 million
2011 compensation: $6.5 million
Boston-based Cabot is the is the world’s leading producer and marketer of carbon black, which is used in the tire manufacturing process, according to a company press release. It has 18 plants worldwide and reported annual sales last year of about $3.3 billion. The company said it employs 5,000 people worldwide.
In June, Cabot announced it entered into agreement to purchase the remaining 60 percent equity in NHUMO, S.A.de C.V for $105 million. NHUMO is Mexico’s leading producer of carbon black, according to Cabot.
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Ronald L. Sargent
2012 compensation: $6.4 million
2011 compensation: $8.8 million
The company’s sales dropped 1.2 percent last year and Staples is making changes.
It plans to cut in half most of its biggest locations as leases expire. This year, 45 of them will be transformed into sleeker new “omnichannel’’ stores designed to blend mobile, online, and in-store shopping.
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Richard F. Pops
2012 compensation: $6.5 million
2011 compensation: $6.3 million20,857
The biopharmaceutical company has an office in Waltham, but is headquartered in Ireland after buying Elan Drug Technoclogies. Alkermes reported total revenues increased 48 percent to $575.5 million, reflecting the first full fiscal year following the completion of the merger in 2011, according to a press release.
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Matthew W. Emmens
Company: Vertex Pharmaceuticals Inc.
2012 compensation: $6.8 million
2011 compensation: $13.3 million
Emmens, who took over Cambridge-based Vertex in 2009 and shepherded the first company-developed drug to the market, stepped down from his post on Feb. 1, 2012.
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James E. Heppelmann
Company: Parametric Technology Corp.
2012 compensation: $6.9 million
2011 compensation: $12.2 million
Needham-based PTC provides software to some 27,000 clients worldwidem including many of the world’s best-known brands – companies like Whirlpool Corp., Harley-Davidson, Hyundai Motor Co., and Caterpillar Inc.
Last year, PTC’s revenues jumped 20 percent to $1.2 billion, and its market value grew 25 percent to $3.3 billion, making it fifth on the Globe 100 this year, and the top technology company on the list.
Last May, PTC bought MKS Inc., a Canadian software maker that creates programs to help companies manage the manufacturing of smart products, for $300 million.
But there have been some speed bumps.
In April, when PTC reported lower than expected earnings for its second quarter of 2012, due to a European deal that didn’t close, Wall Street reacted negatively. The company’s share price fell 21 percent, the largest drop since April 2000.
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Thomas J. May
2012 compensation: $8 million
2011 compensation: $9,180,042
2010 compensation: $7,904,956In March, May disclosed he earned nearly $3.8 million in his last three months as chief executive of NStar, before the Boston utility merged with Northeast Utilities last year and May assumed leadership of the combined company.
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Thomas E. Faust Jr.
2012 compensation: $8.4 million
2011 compensation: $8.7 million
The Boston-based financial firm employs 1,197 workers.
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Paul Sagan
2012 compensation: $9.7 million
2011 compensation: $11.8 million
The Cambridge company helps businesses deliver data at faster speeds over the Internet. Sagan served as CEO until Jan. 1, 2013. He is now listed on the company’s website as executive vice chairman of the firm’s board of directors. The company’s sales more than quadrupled during his tenure. The current CEO is Tom Leighton.
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Mortimer B. Zuckerman
Company: Boston Properties Inc.
2012 compensation: $10.6 million
2011 compensation: $9,9 million
Owen D. Thomas succeeded Zuckerman as chief executive on April 2. Zuckerman retained the position of executive chairman, the company said.
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Michael F. Mahoney
Company: Boston Scientific Corp.
2012 compensation: 10.7 million
Mahoney, a former Johnson & Johnson executive, came to Boston Scientific in 2011. In 2012, he recorded $71,853 of allowed personal use of a private jet.
The Natick medical device company recently announced it has agreed to buy Bard EP for $275 million in cash. The deal is expected to when completed, the acquisition would broaden the range of products Boston Scientific can offer to treat abnormal heartbeats and other cardiac problems.
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Robert F. Friel
2012 compensation: 10.8 million
2011 compensation: $12.8 million
The Waltham-based medical device company employs 7.500 workers. Friel’s perks last year included a $25,000 car allowance, $20,000 for a financial planner, and a $50,000 donation by the company to match gifts of his own.
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Carol Meyrowitz
2012 compensation: $11 million
2011 compensation: $11 million
TJX Cos. has compiled the top Globe 100 record over 25 years. The Framingham retailer is also one of just four Massachusetts companies that has appeared on every Globe 100 list, winning the top spot on two occasions.
TJX sales have grown from less than $2 billion to $26 billion. Meyrowitz said the company can grow to $40 billion in revenue and beyond in the future.
Meyrowitz joined the company in 1983 as a buyer for its Hit or Miss stores.
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James D. Taiclet Jr.
2012 compensation: $11.1 million
2011 compensation: $8.9 million
The Boston company placed fourth on the 2013 Globe 100 list. The company, which operates communications cites around the world, saw demand for mobile communication and entertainment propel profits by 60 percent to $637 million last year.
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George A. Scangos
2012 compensation: $11. 3 million
2011 compensation: $11.3 million
Stocks for the company, which makes the multiple sclerosis drug Tecfidera, fell slipped in June after Citigroup cut the shares to “neutral’’ from “buy.’’
The shares had rallied 52 percent this year through Tuesday, Bloomberg News reported.
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Jerald G. Fishman
2012 compensation: $12.7 million
2011 compensation: $8.9 million
Fishman died in March at age 67. Ray Stata, chairman of the board at the Norwood-based company, said Fishman’s “commitment to ADI occupied a central part of his life and his passion for success was infectious.’’
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Joseph L. Hooley
2012 compensation: $15.6 million
2011 compensation: $16.1 million
State Street is one of the state’s largest employers, with 12,000 workers here. The city last year gave the company a $11.5 million tax break to build new offices in the Innovation District along the South Boston Waterfront.
Hooley also had a car and driver, a perk worth $27,852, and received $9,336 for personal and home security. Both are benefits typical of major Wall Street firms, which say they are ’re necessary to keep top executives safe.
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Joseph M. Tucci
2012 compensation: $16.5 million
2011 compensation: $13.2 million
Compensation for EMC Corp.’s chief executive included cash, stock, and incentives. He also received $113,545 in side benefits of the job, including private jet travel, the services of a financial planner, and a special medical exam for executives, according to filings.
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William H. Swanson
2012 compensation: $19 million
2011 compensation: $16.8 million
2010 compensation: $18,591,959Swanson has been chief executive of the company since 2003. The Waltham-based missile manufacturer had $24 billion in sales last year, according to its annual report.
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Sean M. Healey
Company: Affiliated Managers Group, Inc.
2012 compensation: $19.8 million
2011 compensation: $14.8 million
Healey became chief executive of the global asset management company in January 2005. The aggregate assets under management of AMG’s affiliated investment management firms were approximately $432 billion at the end of 2012, according to a press release.
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Paul A. Ricci
Company: Nuance Communications Inc.2012 compensation: $30 million
2011 compensation: $20.7 millionBillionaire investor Carl Icahn recently acquired a stake in the Burlington-based company that specializes in speech technology used in Dragon software and Siri on the Apple iPhone
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