Tuesday, April 10, 2007

Martha's Making the Bucks

We knew she didn't have to worry about money, but the newest numbers released indicate that Martha Stewart is doing A-OK.

She received total compensation of $2.06 million last year. Martha was paid a salary of $900,000 and a bonus of $495,000, according to a SEC filing this week. She also received $505,000 in compensation under a nonequity incentive plan.

And it doesn't stop there. Additional compensation totaled $163,785 and included $6,731 in life insurance premiums, along with $39,181 for Stewart's personal use of the company plane. She also received an annual non-accountable expense allowance of $100,000 per year. Stewart spent $17,873 for the weekend use of a car service.

I'd say Martha is going to be just fine.

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