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TOP-PAID 100

        IN THOUSANDS
  Executive Title Company Salary & Bonus Other Stock Gains Total Index*
1 Stephen M. Case chairman, president, CEO America Online $271 $4 $26,642 $26,917 $3,296
2 Lawrence A. Hough2 president, CEO Sallie Mae 898 447 17,770 19,114 231
3 Emanuel J. Friedman chairman, CEO Friedman Billings Ramsey 14,675 0 0 14,675 N/A
4 Eric F. Billings vice chairman, COO Friedman Billings Ramsey 14,675 0 0 14,675 N/A
5 W. Russell Ramsey president Friedman Billings Ramsey 14,625 0 0 14,625 N/A
6 James R. Mellor2 chairman General Dynamics 1,026 1,887 8,162 11,076 314
7 Thomas J. Wynne president, COO LCI International 602 121 9,347 10,070 N/A
8 John W. Snow chairman, president, CEO CSX 1,000 454 6,388 7,842 175
9 Lennert J. Leader senior VP, CFO America Online 283 4 7,271 7,558 3,296
10 Jeffrey J. Steiner chairman, president, CEO Fairchild 6,505 29 0 6,534 379
11 H. Brian Thompson chairman, CEO LCI International 1,305 145 4,986 6,436 N/A
12 Reid R. Bechtle president, CEO Computer Learning Centers 562 17 5,817 6,396 N/A
13 John J. Curley chairman, CEO Gannett 2,150 82 3,867 6,100 272
14 David W. Faeder president, CFO Sunrise Assisted Living 175 1 5,611 5,787 N/A
15 Lucio A. Noto chairman, CEO Mobil 2,020 105 3,564 5,690 275
16 David R. Goode chairman, president, CEO Norfolk Southern 1,700 373 2,473 4,546 172
17 Theodore J. Leonsis1 president, CEO America Online 283 33 3,726 4,042 3,296
18 Eugene A. Renna executive VP Mobil 1,144 117 2,620 3,881 275
19 Donald R. Rose senior VP LCC International 195 5 3,639 3,839 N/A
20 Ray J. Oleson2 president, COO CACI International 230 14 3,529 3,773 321
21 David W. Glenn president, COO Freddie Mac 1,235 112 2,155 3,502 376
22 Stephen M. Wolf chairman, CEO US Airways Group 1,000 500 1,920 3,420 499
23 Leland C. Brendsel chairman, CEO Freddie Mac 2,176 292 937 3,405 376
24 Morgan E. O'Brien vice chairman Nextel 507 3 2,753 3,263 N/A
25 Dwight C. Schar chairman, president, CEO NVR 1,362 8 1,874 3,244 N/A
26 Nicholas D. Chabraja chairman, CEO General Dynamics 1,550 459 1,224 3,233 314
27 Douglas H. McCorkindale vice chairman, president Gannett 1,925 55 1,161 3,141 272
28 Thomas A. Tribone senior VP AES 1,000 35 2,084 3,119 535
29 Paul J. Hoenmans executive VP Mobil 813 116 2,125 3,054 275
30 Richard G. Tilghman chairman, CEO Crestar Financial 2,162 71 800 3,033 344
31 W. Alan McCollough president, COO Circuit City 853 0 2,083 2,936 166
32 Alvin R. Carpenter1 president, CEO CSX 700 277 1,709 2,686 175
33 John P. Clancey1 president, CEO CSX 475 152 1,873 2,499 175
34 Joseph W. Luter III chairman, CEO Smithfield Foods 2,309 165 0 2,474 428
35 Michael K. Stamper executive VP Freddie Mac 562 50 1,840 2,452 376
36 J. Stewart Bryan III chairman, president, CEO Media General 983 35 1,377 2,395 260
37 Paul R. Goodwin executive VP, CFO CSX 764 85 1,474 2,323 175
38 James T. Holland2 president, CEO O'Sullivan 345 1,949 0 2,295 128
39 Rakesh Gangwal president, COO US Airways Group 858 104 1,200 2,161 499
40 P.T. Winn president, CEO Genicom 669 61 1,373 2,104 1,022
41 David W. Thompson chairman, president, CEO Orbital Sciences 655 1,443 0 2,098 248
42 Robert O. Swanson executive VP Mobil 1,091 71 903 2,065 275
43 Richard S. Birnbaum executive VP Circuit City 744 0 1,293 2,037 166
44 Richard S. DeRose executive VP, CFO Information Analysis 111 0 1,876 1,986 308,200
45 John A. Fitzsimmons senior VP Circuit City 681 0 1,293 1,974 166
46 Michael T. Chalifoux senior VP, CFO Circuit City 667 0 1,293 1,961 166
47 James F. Petersen chairman Best Software 211 5 1,692 1,908 N/A
48 Gerald L. Nichols1 vice chairman CSX 788 152 956 1,896 175
49 Dennis W. Bakke president, CEO AES 1,750 71 0 1,821 535
50 John W. Harper2 senior VP, CFO US Airways Group 295 82 1,411 1,788 499
51 Thomas G. Avant senior VP Albemarle 289 11 1,474 1,774 190
52 Thomas H. Johnson president, CEO Chesapeake 315 84 1,350 1,749 193
53 Henry C. Wolf executive VP Norfolk Southern 720 172 848 1,740 170
54 Joseph A. Lawrence executive VP, CFO LCI International 533 68 1,138 1,740 N/A
55 Oscar H. Parrish Jr.1 executive VP, president Crestar Financial 765 26 940 1,731 344
56 James E. Turner Jr. president, COO General Dynamics 975 67 662 1,704 314
57 Mark F. Fitzpatrick senior VP AES 650 313 674 1,637 535
58 Joseph J. Porfeli2 chairman, president, CEO EIS International 35 169 1,428 1,632 60
59 Jeremiah J. Sheehan chairman, CEO Reynolds Metals 1,521 82 0 1,603 127
60 Stephen C. Tobias executive VP Norfolk Southern 720 106 773 1,599 172
61 Lewis R. Little president, COO Smithfield Foods 1,543 0 0 1,543 428
62 Larry R. Robinette president, CEO Morgan Products 400 41 1,099 1,540 73
63 Oliver G. Richard III chairman, president, CEO Columbia Energy 1,513 27 0 1,539 421
64 C. Edward Acker chairman Atlantic Coast Airlines 232 12 1,286 1,531 N/A
65 Henry H. Harrell chairman, CEO Universal 990 85 419 1,494 148
66 R. Alan Brogan executive VP Norfolk Southern 525 195 773 1,493 172
67 Richard L. Sharp chairman, CEO Circuit City 1,485 0 0 1,485 166
68 John R. Long III executive VP US Airways Group 680 91 691 1,462 499
69 Timothy S. Smick2 executive VP, COO Sunrise Assisted Living 175 0 1,273 1,448 N/A
70 Norwood H. Davis Jr. chairman, CEO Trigon 1,235 34 169 1,438 N/A
71 Piyush Sodha2 president, CEO LCC International 375 0 1,050 1,425 N/A
72 Thos. E. Capps chairman, president, CEO Dominion Resources 1,266 13 130 1,408 149
73 Randolph N. Reynolds vice chairman Reynolds Metals 818 80 503 1,401 127
74 Thomas C. DeLoach Jr. senior VP, CFO Mobil 835 44 511 1,390 275
75 Thomas B. Newell1 executive VP, president Sunrise Assisted Living 175 0 1,178 1,353 N/A
76 William J. Inman1 president NVR 578 8 766 1,351 N/A
77 Joseph B. Sebring1 president, COO Smithfield Foods 1,325 0 0 1,325 428
78 J. Carter Fox chairman Chesapeake 1,036 10 275 1,321 193
79 James M. Wells III president, COO Crestar Financial 1,271 37 0 1,308 344
80 Kerry B. Skeen president, CEO Atlantic Coast Airlines 639 87 576 1,302 N/A
81 Barry J. Fitzpatrick chairman, president, CEO First Virginia Banks 947 70 254 1,270 249
82 Paul C. Saville senior VP, CFO NVR 488 8 766 1,262 N/A
83 Cecil L. Walker1 president Gannett 765 28 438 1,230 272
84 J.C. Farrell2 chairman, president, CEO Pittston 1,142 77 0 1,218 387
85 Steven A. Markel vice chairman Markel 676 66 469 1,211 500
86 Dirk Betlem president, COO Albemarle 772 420 0 1,193 N/A
87 G. Gilmer Minor III chairman, president, CEO Owens & Minor 587 36 566 1,189 157
88 Marianne M. Keler senior VP Sallie Mae 404 9 743 1,156 231
89 Norman B.M. Askew1 executive VP, president, CEO Dominion Resources 672 224 250 1,146 149
90 Gerald M. Birnbach chairman, president, CEO Rowe Furniture 778 251 101 1,129 385
91 C. Stephen Thomas senior VP Reynolds Metals 526 33 541 1,101 127
92 Allen B. King president, COO Universal 714 50 334 1,098 148
93 F.T. Lennon VP Pittston 355 38 669 1,062 387
94 Thomas Curley1 president Gannett 710 20 331 1,061 272
95 Stuart C. Siegel chairman, CEO S&K 850 204 0 1,055 106
96 Duncan S. Gage1 executive VP, president Lafarge 385 28 637 1,050 220
97 Michael W. Wynne senior VP General Dynamics 455 253 334 1,041 314
98 Albert L. Prillaman chairman, president, CEO Stanley Furniture 700 324 0 1,024 310
99 John E. Stokely president, CEO Richfood Holdings 1,002 11 0 1,013 31
100 Donald G. Smith chairman, president, CEO Roanoke Electric Steel 873 25 116 1,013 348
* - The value after five years of a $100 investment in the company's stock made five years previous to the end
of its most recent fiscal year.     1 - Officer of a division or subsidiary      2 - No longer with company



© OCTOBER 1998, VIRGINIA BUSINESS MAGAZINE