McGraw-Hill CEO Harold McGraw saw his bonus increase by about $63,000 in 2005, according to a Dow Jones story about the company’s proxy statement. McGraw-Hill is the parent company of BusinessWeek magazine, which late last year shuttered its Asian and European editions and laid off a number of employees.
“McGraw also received a salary of $1.17 million in 2005, up from $1.12 million in 2004.
“For 2005, the CEO also got 1.07 million securities underlying options, up from 728,630 he got for the previous year.”
Read the story here.
I briefly scanned the proxy this morning. I didn’t find anything that interesting other than what was mentioned in the Dow wire story.
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