Equitable Resources Ceo Earns $8.29 Million

Summary


Equitable Resources Inc. Chairman and CEO Murry S. Gerber earned almost $8.29 million last year, according to a proxy filing Monday by the North Shore-based natural gas company. Gerber's base salary was $616,345, and he collected $800,000 in incentive compensation, $6.74 million in stock awards plus other pay. But Gerber's income last year was a fraction of 2005's total of close to $34.3 million in cash, earned by exercising options, and $56.86 million in compensation overall for the year. That put him at No. 1 on the Pittsburgh Tribune-Review's list of the 10-highest-paid CEOs in the region. Second in income at Equitable was David L. Porges, president and chief operating officer, with $5.5 million in total compensation.

$150,000 settlement

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Equitable Resources Ceo Earns $8.29 Million

Greg & Deb's Inc., which operates North Park Lounge Clubhouse in Hampton, agreed to pay a former waitress $150,000 to resolve a sexual harassment complaint filed in June 2006 by the Equal Employment Opportunity Commission, the agency said Monday. Mitchell L. Brewer, a manager, and six other male golfers participating in a gol...

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