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Return to Virginia Business - October 2004

Executive Compensation

Top-Paid 100
Editor’s note: The following chart lists the 100 highest-paid executives from public companies in Virginia.

Related story:
- Companies reward CEOs as they rethink executive pay

Virginia Business
October 2004

Top-Paid:
1-25 | 26-50 | 51-75 | 76-100

  Executive
Salary & Bonus ($000)
Other ($000)
Stock Gains ($000)
Total ($000)
Index
76. David A. Savner
890
50
1,343
2,283
166
  senior VP
  General Dynamics
77. John G. Finneran Jr.
948
75
1,231
2,254
162
  executive VP
  Capital One Financial
78. Paul T. Hanrahan
2,162
82
0
2,244
41
  president, CEO
  AES Corp.
79. Arthur J. Veitch
950
51
1,232
2,234
166
  executive VP
  General Dynamics
80. B. Ben Baldanza
353
487
1,383
2,223
N/A
  senior VP
  US Airways Group
81. Barry J. West
764
27
1,418
2,208
238
  executive VP
  Nextel Communications
82. Theodore M. Wille Jr.(2)
570
529
1,104
2,203
N/A
  executive VP
  Amerigroup Corp.
83. O. Reid Ashe Jr.
700
101
1,374
2,175
140
  president, COO
  Media General
84. Richard V. Vesta(1)
2,159
0
0
2,159
122
  president
  Smithfield Foods
85. James H. Buchanan(2)
369
0
1,748
2,117
N/A
  COO
  Convera Corp.
86. Theodore L. Chandler Jr.
873
31
1,210
2,114
97
  president, COO
  LandAmerica Financial Group
87. John W. Fain
227
15
1,824
2,067
N/A
  senior VP
  Overnite Corp.
88. S.L. Waechter
883
63
1,105
2,051
326
  executive VP, CFO
  CACI International
89. Thomas M. Cogburn
414
0
1,584
1,998
N/A
  executive VP, COO
  Anteon International
90. James F. Dausch(1)
691
11
1,206
1,907
342
  president
  The Mills Corp.
91. Stephen C. Hughes
443
2
1,454
1,899
145
  senior VP, CFO
  SRA International
92. Joseph W. Luter III
1,548
315
0
1,863
122
  chairman, CEO
  Smithfield Foods
93. Kenneth C. Dahlberg(2)
381
42
1,428
1,850
166
  executive VP
  General Dynamics
94. Jeffrey L. McWaters
1,838
1
0
1,838
N/A
  chairman, CEO
  Amerigroup Corp.
95. Jimmie L. Wade
674
8
1,153
1,834
N/A
  president
  Advance Auto Parts
96. George J. Pedersen
1,596
196
0
1,792
N/A
  chairman, president, CEO
  ManTech International Corp.
97. Andrew L. Rogal(2)
1,313
29
447
1,789
350
  chairman, CEO
  Hilb, Rogal & Hobbs
98. William Ledman
447
111
1,228
1,786
150
  senior VP
  Freddie Mac
99. Gordon S. Mackenzie
266
15
1,425
1,706
N/A
  senior VP, COO
  Overnite Corp.
100. M.T. Dan
1,666
22
0
1,688
73
  chairman, president, CEO
  The Brink's Co.

Top-Paid:
1-25 | 26-50 | 51-75 | 76-100

(1)Officer of a division or subsidiary

(2)No longer with the company

Notes: Stock gains comprise long-term incentive payouts, restricted stock awards and the value realized of stock options.

The index is the value of a $100 investment in the company’s stock made five years before the end of its most recent fiscal year
(N/A = Not available).

Source: Individual proxies from each company as of July 2004

Return to Virginia Business - October 2004


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