Sony CEO Received $4.5 Million Compensation

Sony Corp. (SNE) Friday said Chief Executive Howard Stringer received total compensation of about ¥410 million ($4.5 million) and stock options for 500,000 shares in the last fiscal year ended March 31.

Under new corporate disclosure rules, publicly traded companies in Japan are required to disclose the annual compensation of executives receiving more than ¥100 million.

The new rules bring to light the closely guarded salary details of Japan’s top executives, and could expose the long-suspected gap in compensation levels between non-Japanese executives and their Japanese counterparts.

Sony said Mr. Stringer’s compensation last fiscal year consisted of about ¥310 million in basic compensation and about ¥100 million in bonuses.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »