Summary Box: CVS CEO received compensation of $14.4M in 2009, down from $17.4M in 2008
CVS PAYS LESS TO CEO: CVS Caremark awarded less stock and options to its CEO last year and trimmed his performance-based cash bonus. President, CEO and Chairman Thomas Ryan's total compensation was reduced to $14.4 million from $17.4 million. His salary was unchanged at $1.4 million.
IN TOUGH ECONOMY, FEWER PERKS: The company's profits grew in 2009, but Ryan was given fewer perks. His use of CVS's corporate jet was valued at about $56,000, barely half his $111,000 total from the previous year.
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