Calculating CEO Performance
Compound annual return (CAR) for company, index and peer group, calculated from the cumulative total stockholder return information found in each company's proxy statement. CAR includes stock appreciation plus reinvested dividends.

• Data: Proxy statements and individual companies
• Calculations are for the 50 largest public Virginia companies based on revenues for the most recent fiscal year.
• If a CEO has been incumbent for less than a year, CAR is calculated for the longest period covered in the stock performance graph. In this case, the symbol * indicates that the CEO is recently appointed and the CAR is not attributable to his stewardship.
• CEO's stake is the percentage of shares under his voting control.
• The year-end closest to each CEO's appointment is used when calcualting CAR.