Return to Virginia Business - October 2001

Executive Compensation
Top Paid 100

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Executive

Title

Company

Salary
$000

Bonus
$000

Other
$000

Stock
Gains
$000

Total
$000

Index*

1

Timothy M. Donahue

president, CEO

Nextel Communications

$465

$470

$12

$30,841

$31,789

$335.60

2

Richard L. Sharp2

chairman

Circuit City

700

0

0

29,125

29,825

104.1

3

Richard D. Fairbank

chairman, CEO

Capital One Financial

0

0

0

27,207

27,207

849.8

4

Leland C. Brendsel

chairman, CEO

Freddie Mac

1,017

1,710

336

19,010

22,073

351

5

Nigel W. Morris

president, COO

Capital One Financial

0

0

0

18,830

18,830

849.8

6

Morgan E. O’Brien

vice chairman

Nextel Communications

410

311

5

17,357

18,083

335.6

7

Steven M. Shindler1

CEO

Nextel Communications

326

227

5

16,604

17,161

335.6

8

W. William Boisture Jr.

executive VP

General Dynamics

400

450

9

15,810

16,670

290.4

9

Gregory J. Parseghian

senior VP

Freddie Mac

816

0

59

12,123

12,998

351

10

Dennis W. Bakke

CEO, president

AES Corp.

0

0

12

12,820

12,832

927.7

11

Nicholas D. Chabraja

chairman, CEO

General Dynamics

950

1,750

349

7,419

10,469

290.4

12

Thomas A. Tribone

executive VP

AES Corp.

260

250

36

9,726

10,272

927.7

13

Albert L. Lord

CEO

USA Education

650

3,000

39

6,229

9,918

389.7

14

John J. Curley2

chairman and CEO

Gannett Co.

1,100

2,000

90

5,815

9,005

220.9

15

John W. Snow

chairman, president, CEO

CSX Corp.

1,100

0

6,763

796

8,659

65.8

16

Joseph W. Luter III

chairman, president, CEO

Smithfield Foods

850

7,300

464

0

8,615

247.9

17

Barry J. Sharp

executive VP, CFO

AES Corp.

250

300

35

7,553

8,138

927.7

18

Henry R. Nothhaft

vice chairman

Xo Communications

206

200

2

7,206

7,614

N/A

19

David W. Glenn

vice chairman, president

Freddie Mac

807

1,009

140

5,565

7,520

351

20

Douglas H. McCorkindale

chairman, president, CEO

Gannett Co.

1,058

2,000

86

4,284

7,428

220.9

21

Steven P. Dussek

executive VP

Nextel Communications

355

219

1

6,655

7,230

335.6

22

William P. Fricks

chairman, CEO

Newport News Shipbuilding

610

800

1,391

4,199

7,000

N/A

23

R. Gerard Salemme

senior VP

Xo Communications

221

205

9

6,455

6,890

N/A

24

John R. Lund

CFO

Cysive Inc.

146

73

0

6,638

6,857

N/A

25

John G. Finneran Jr.

executive VP

Capital One Financial

348

255

21

6,161

6,784

849.8

26

Kerry B. Skeen

chairman, CEO

Atlantic Coast Airlines

403

60

470

5,574

6,507

797.6

27

Michael E. Price

chief technical officer

Cysive Inc.

147

62

0

6,189

6,399

N/A

28

Donald R. Rose

senior VP, COO

LCC International

54

0

14

6,295

6,363

N/A

29

Jeffrey J. Steiner

chairman, CEO

Fairchild Corp.

2,062

3,623

32

304

6,021

144.4

30

David M. Willey

executive VP, CFO

Capital One Financial

316

240

16

5,288

5,860

849.8

31

Thomas N. Kelly Jr.

executive VP

Nextel Communications

324

226

6

4,934

5,490

335.4

32

Joseph M. Rymsza

VP

Cysive Inc.

141

158

0

4,663

4,962

N/A

33

J.P. London

chairman, president, CEO

CACI International

350

753

131

3,703

4,937

159.2

34

David C. Karlgaard

chairman, president, CEO

PEC Solutions

277

93

39

4,363

4,772

N/A

35

Larry D. Clark

executive VP, COO

Proxicom

266

166

0

4,259

4,691

N/A

36

Albert A. Prillaman

chairman, president, CEO

Stanley Furniture

400

335

36

3,697

4,467

603.1

37

Thos. E. Capps

chairman, president, CEO

Dominion Resources

925

1,496

940

960

4,320

221.6

38

Alvin R. Carpenter

vice chairman

CSX Corp.

775

0

3,106

424

4,304

65.8

39

Ronald J. Conway1,2

president

CSX Corp.

550

0

1,314

2,181

4,045

65.8

40

Neil L. Hazard

executive VP, CFO

Primus Telecommunications

250

200

0

3,567

4,017

N/A

41

Kenneth J. Tarpey

executive VP, CFO

Proxicom

262

143

0

3,437

3,842

N/A

42

Thomas C. Schievelbein

executive VP, COO

Newport News Shipbuilding

410

400

701

2,139

3,651

N/A

43

Robert C. Rubinstein

COO

Cysive Inc.

148

77

0

3,370

3,595

N/A

44

William J. Inman1

president

NVR Inc.

316

316

10

2,743

3,385

1,236.00

45

John W. Froman

executive VP

Circuit City

635

0

0

2,649

3,285

104.1

46

Robert S. Foosaner

senior VP

Nextel Communications

376

190

4

2,491

3,062

335.6

47

Thomas J. Fitzpatrick

president

USA Education

500

2,500

30

0

3,030

389.7

48

Richard L. Michaux

chairman

AvalonBay Communities

412

413

116

2,068

3,008

274.6

49

Paul T. Hanrahan

executive VP

AES Corp.

225

300

33

2,299

2,856

927.7

50

Lewis R. Little1

president, COO

Smithfield Foods

620

1,099

0

1,106

2,825

247.9

51

John M. Saaty

VP

Cysive Inc.

$143

$65

$0

$2,547

$2,755

N/A

52

Mark G. Aron

executive VP

CSX Corp.

425

0

1,928

0

2,702

65.8

53

J. Paul Carey

executive VP

USA Education

400

500

24

1,747

2,671

389.7

54

Michael J. Mancuso

senior VP, CFO

General Dynamics

400

450

41

1,740

2,632

290.4

55

Emanuel J. Friedman

chairman, co-CEO

Friedman, Billings, Ramsey

600

1,854

0

0

2,454

N/A

56

Eric F. Billings

vice chairman, co-CEO

Friedman, Billings, Ramsey

600

1,854

0

0

2,454

N/A

57

W. Russell Ramsey

president, co-CEO

Friedman, Billings, Ramsey

600

1,854

0

0

2,454

N/A

58

Jonnie R. Williams

CEO

Star Scientific

2,400

0

0

0

2,400

N/A

59

Stephen B. Clarkson

VP

Newport News Shipbuilding

251

161

282

1,702

2,396

N/A

60

W.G. Cridlin Jr.

VP

Newport News Shipbuilding

211

140

251

1,739

2,340

N/A

61

G.R. Bradford1

managing director

CACI International

184

254

109

1,777

2,325

159.2

62

David R. Goode

chairman, president, CEO

Norfolk Southern

950

410

593

356

2,309

60

63

Paul R. Goodwin

vice chairman, CFO

CSX Corp.

492

0

1,789

0

2,281

65.8

64

Charles B. Walker

vice chairman, CFO

Albemarle Corp.

478

352

70

1,219

2,119

139.1

65

Dwight C. Schar

chairman, president, CEO

NVR Inc.

950

950

11

190

2,101

1,236.00

66

Paul G. Rice

COO

PEC Solutions

203

93

38

1,758

2,093

N/A

67

Alfred Little Jr.

VP

Newport News Shipbuilding

261

170

299

1,354

2,084

N/A

68

Alan H. Harbitter

chief technology officer

PEC Solutions

177

93

38

1,758

2,067

N/A

69

Paul T. Peterson

executive VP

Freddie Mac

363

430

47

1,202

2,041

351

70

Frederick C. Coble

CFO

Dollar Tree Stores

191

59

17

1,767

2,035

201.1

71

Thomas J. Moore

president, COO

Atlantic Coast Airlines

253

38

220

1,451

1,963

797.6

72

Henry H. Harrell

chairman, CEO

Universal Corp.

548

911

148

342

1,949

122.6

73

Robert H. Slater

executive VP

AvalonBay Communities

332

320

41

1,147

1,840

274.6

74

Donna S. Morea

executive VP

American Management Sys.

356

361

9

1,100

1,825

99

75

Thomas G. Snead Jr.

chairman, CEO

Trigon Healthcare

551

661

57

496

1,765

N/A

76

Edgar M. Roach

executive VP

Dominion Resources

484

578

253

389

1,705

221.6

77

Thomas F. Farrell II

executive VP

Dominion Resources

484

578

222

389

1,673

221.6

78

A. William Hamill

executive VP, CFO

United Dominion Realty Trust

275

90

1,301

0

1,666

112.3

79

John P. McCann

CEO

United Dominion Realty Trust

374

0

1,257

25

1,656

112.3

80

Ernest A. Gerardi Jr.

president, CEO

Charles E. Smith Res. Realty

407

802

36

400

1,644

279.3

81

Andrew L. Rogal

chairman, CEO

Hilb Rogal & Hamilton

461

362

137

680

1,640

351.5

82

Michael S. Davis

senior VP

Atlantic Coast Airlines

172

26

96

1,339

1,632

797.6

83

Eric I. Steiner

president, COO

Fairchild Corp.

565

830

8

181

1,584

144.4

84

Gordon R. England

executive VP

General Dynamics

440

460

51

619

1,570

290.4

85

Laurence C. Siegel

chairman, CEO

Mills Corp.

675

800

9

0

1,484

97

86

William P. Bracciodieta

senior VP

Trigon Healthcare

265

212

25

954

1,456

N/A

87

Thomas J. Sargeant

executive VP, CFO

AvalonBay Communities

300

287

33

832

1,451

274.6

88

Allen B. King

president, COO

Universal Corp.

408

679

81

265

1,433

122.6

89

Bryce Blair

president, CEO

AvalonBay Communities

367

352

33

681

1,433

274.6

90

Robert J. Grassi1

president, CEO

CSX Corp.

290

270

852

0

1,412

65.8

91

C. Larry Pope

VP, CFO

Smithfield Foods

500

900

0

0

1,400

247.9

92

Charles H. Foster Jr.

chairman, CEO

LandAmerica Financial

500

248

33

588

1,369

220

93

Barry J. Fitzpatrick

chairman, president, CEO

First Virginia Banks

690

451

80

137

1,358

200

94

James P. O’Hanlon

executi