Harley-Davidson Inc. CEO Keith Wandell received compensation valued at $6.4 million in 2010, up 1 percent from 2009, when the executive spent only eight months on the job.
That’s according to an Associated Press analysis of data filed with regulators Friday by the Milwaukee motorcycle manufacturer.
Stock and option awards totaling $3.02 million and a performance-based cash bonus of $2.3 million accounted for most of Wandell’s compensation.
Harley reported a $146.5 million profit in 2010, compared with a $55.1 million loss in 2009.
The AP calculation aims to isolate the value that company boards place on CEOs’ total compensation packages. It includes salary, bonus, incentives, perks and the estimated value of stock options and awards.
– The Associated Press