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f. Reasonable Compensation Established for Each
Retained Executive
Having concluded that 13 of the companies identified by the
experts are comparable, that Ms. Meyer’s selection of comparable
executives within those companies and her computation of their
1992 compensation is more reliable than Mr. Rosenbloom’s, and
that reasonable compensation in 1992 for the Retained Executives
would be an amount not exceeding the 90th percentile of the range
of compensation paid to comparable executives in that year, we
proceed to consider each Retained Executive and the amount of
compensation shown to have been reasonable for him in 1992.
(i) Mr. Brink
Ms. Meyer identified 13 executives in her rebuttal report
that she considered comparable to Mr. Brink in 1992. We conclude
that three of those executives should be disregarded, as follows:
Mr. Casey of Litton Industries, Inc., due to our previous
determination that Litton Industries, Inc., is not comparable to
petitioner; plus Mr. Reiland of Magnetek, Inc., and Mr. Everett
of Raychem Corp., because as noted the proxy disclosures of those
companies for 1992 are not comparable to the remaining companies,
having been made prior to October 1992 regulatory changes
governing disclosure formats. We conclude that the 10 remaining
executives are comparable.
For the reasons previously outlined, we use Ms. Meyer’s
computation of their 1992 compensation. However, one significant
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