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.
