Reuters editor in chief received $2.7 million in 2011
Stephen J. Adler, the editor in chief of Reuters, received total compensation of $2.7 million in 2011, according to a filing with the Securities and Exchange Commission.
Adler, who joined the company in 2010 after a stint as editor of BusinessWeek magazine, received $1.4 million in total compensation in 2010.
His base salary was $636,923 in 2011, up from the 2010 base salary of $433,462. His share-based compensation was $921,287 in 2011, up from $266,886.
Adler also received $230,040 in stock options, $519,729 from an annual incentive plan and $395,272 in other compensation, which included a special hiring-related award of $366,256 and life insurance payments of $3,538.
Adler was named editor in chief, Reuters News, and executive vice president of news, Thomson Reuters, in February 2011 and oversees the entire company’s news strategy and operations. He succeeded David Schlesinger, who recently left the company after working in China.
Earlier, he spent 16 years at The Wall Street Journal. As investigative editor there, Adler managed reporting teams that won three Pulitzer Prizes between 1995 and 1999. As deputy managing editor, he oversaw the award-winning Wall Street Journal Online, created The Wall Street Journal Books imprint, and co-taught the ethics and standards course required of all news employees.
Previously he was editor of The American Lawyer. He began his career as a reporter at local newspapers in Florida.
The SEC filing can be found here.