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Merrill's Thain Gets $2.6 Million in Stock, Plus Options

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First Posted: 12- 5-07 08:27 AM   |   Updated: 03-28-08 02:45 AM

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Read More: John Thain, Merrill Lynch, Merrill Lynch CEO, Merrill Lynch Thain, NYSE Euronext, Business News
John Thain

Reuters Via CNBC:

Merrill Lynch's new Chief Executive John Thain has received about $2.6 million in restricted stock and nearly 43,000 options to replace shares he forfeited by leaving NYSE Euronext, according to U.S. regulatory filings.

Thain, who became Merrill chairman and CEO on Dec. 1, gets 46,304 shares of Merrill restricted stock that will vest over the next three years. Thain also received 42,815 stock options to replace forfeited NYSE Euronext stock-based compensation.

Read the whole story: Reuters Via CNBC

Merrill Lynch's new Chief Executive John Thain has received about $2.6 million in restricted stock and nearly 43,000 options to replace shares he forfeited by leaving NYSE Euronext, according to U.S. ...
Merrill Lynch's new Chief Executive John Thain has received about $2.6 million in restricted stock and nearly 43,000 options to replace shares he forfeited by leaving NYSE Euronext, according to U.S. ...
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Eat your heart out Blodget.

    Favorite    Flag as abusive Posted 11:11 AM on 12/05/2007
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