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NIBM Survey Aspen Survey Watson Wyatt Data
75th 3rd 84th
Year/Position MedianPercentilMedian Quartile MedianPercentile
e
1995
CEO/president $203,000 $300,000 $215,000 $386,000 $220,190 $378,180
Marketing 95,000 134,000 73,000 120,000 110,659164,319
Finance 97,000 150,000 73,000 110,000 108,194170,766
COO/manufacturing 94,000 147,500 194,000 222,000 176,470248,296
81,450 125,000 74,000 111,000 93,513 127,666
Engineering/production
1996
CEO/president 160,787 239,000140,000 299,000 224,427385,456
Marketing 80,600 122,190 69,000 74,000 112,162 166,550
Finance 97,392 125,000 64,000 72,000 109,955 173,547
COO/manufacturing 106,000 150,000115,000 870,000 179,169252,095
140,200 157,000 79,000 98,000 94,218 128,628
Engineering/production
Using the NIBM survey, the Aspen survey, and the Watson
Wyatt data and not taking into account any undercompensation in
prior years, Mr. Reilly computed the upper range of reasonable
compensation for Dennis and Curtis in 1995 and 1996. In
computing the compensation for Dennis, Mr. Reilly added the
compensation for the CEO, highest marketing position, highest
financial position, and the COO, and then subtracted 25 percent
of the COO position (which he allocated to Curtis). In computing
the compensation for Curtis, Mr. Reilly added to the compensation
for the top engineering position 25 percent of the compensation
for the COO. On the basis of those computations, Mr. Reilly's
opinion is that the upper range of reasonable compensation for
Dennis was between $694,625 and $899,487 for 1995 and between
$598,690 and $1,097,500 for 1996. The reasonable compensation
for Curtis was between $161,875 and $189,740 for 1995 and between
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