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McDonalds CEO Earns 29% More in 2009
CHICAGO (AP) -- The Associated Press has found that McDonald's CEO took home compensation that rose 29 percent in 2009.

CEO Jim Skinner earned compensation valued at $17.6 million last year. That's up from the $13.6 million he earned the previous year.

Much of that boost came from a cash performance bonus that's paid to executives once every three years.

The AP's executive pay calculation, based on a regulatory filing, aims to isolate the value the company's board placed on the CEO's total compensation package. The figure includes salary, bonus, incentives, perks and the estimated value of stock options and awards.

McDonald's profit climbed 6 percent in 2009. But its revenue slipped for the first time since at least 1984.

(Copyright 2010 by The Associated Press. All Rights Reserved.)
04 09 10 by Newsroom
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