Heinz Chief Offers Secrets for Success

Summary


Plenty of corporations in the area paid their chief executives millions of dollars -- in several cases, tens of millions.

But William Johnson, who has been CEO and chairman of H.J. Heinz Co. since 2000, produced the best corporate profits in relation to what Heinz paid him. The food processor's $753 million in net profit in the fiscal year ended last April was 107 times his roughly $7 million in total compensation.

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Extract


Heinz Chief Offers Secrets for Success

Johnson -- who is a Heinz-ripe 57 years old -- provided the Pittsburgh Tribun...

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