Top-paid general counsel

July 20, 2011
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A list released by Corporate Counsel,  an ALM National publication, ranks the compensation of general counsel around the U.S. and there are some highly paid attorneys out there. The top-paid in-house attorney is Denise Keane of Altria Group Inc., the parent company of Phillip Morris USA and other companies. For the first time in the history of this list, a woman was the top-paid general counsel. She was listed as having more than $6.4 million in compensation.

It’s interesting to see that Keane went from being ranked 34th in 2010 to first this year. Donald de Brier with Occidental Petroleum Corp. went from 63rd last year to second this year.

Robert Armitage, the general counsel at Eli Lilly and Co., ranked No. 33, with more than $1.78 million in total compensation. He was ranked at No. 24 last year. Armitage’s salary is listed at just under $848,000. John Cannon II, general counsel at WellPoint Inc., came in at No. 63. He didn’t even make last year’s list. His salary is listed at around $550,000, but he took home more than $1.3 million.

The list breaks down compensation to show salary, bonus/nonequity incentive compensation, total cash, option exercises and stock value realized, total cash plus stock value realized, stock awards, and option awards. The rankings are based on the total cash the general counsel received.

The publication noted that this survey shows more of an “undoing of damage of the previous year than any great leap in compensation levels.” It writes that the worst seems to be over regarding the economy, and corporations are rewarding executives for getting them through the tough days of the recession.

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  1. From his recent appearance on WRTV to this story here, Frank is everywhere. Couldn't happen to a nicer guy, although he should stop using Eric Schnauffer for his 7th Circuit briefs. They're not THAT hard.

  2. They learn our language prior to coming here. My grandparents who came over on the boat, had to learn English and become familiarize with Americas customs and culture. They are in our land now, speak ENGLISH!!

  3. @ Rebecca D Fell, I am very sorry for your loss. I think it gives the family solace and a bit of closure to go to a road side memorial. Those that oppose them probably did not experience the loss of a child or a loved one.

  4. If it were your child that died maybe you'd be more understanding. Most of us don't have graves to visit. My son was killed on a state road and I will be putting up a memorial where he died. It gives us a sense of peace to be at the location he took his last breath. Some people should be more understanding of that.

  5. Can we please take notice of the connection between the declining state of families across the United States and the RISE OF CPS INVOLVEMENT??? They call themselves "advocates" for "children's rights", however, statistics show those children whom are taken from, even NEGLIGENT homes are LESS likely to become successful, independent adults!!! Not to mention the undeniable lack of respect and lack of responsibility of the children being raised today vs the way we were raised 20 years ago, when families still existed. I was born in 1981 and I didn't even ever hear the term "CPS", in fact, I didn't even know they existed until about ten years ago... Now our children have disagreements between friends and they actually THREATEN EACH OTHER WITH, "I'll call CPS" or "I'll have [my parent] (usually singular) call CPS"!!!! And the truth is, no parent is perfect and we all have flaws and make mistakes, but it is RIGHTFULLY OURS - BY THE CONSTITUTION OF THIS GREAT NATION - to be imperfect. Let's take a good look at what kind of parenting those that are stealing our children are doing, what kind of adults are they producing? WHAT ACTUALLY HAPPENS TO THE CHILDREN THAT HAVE BEEN RIPPED FROM THEIR FAMILY AND THAT CHILD'S SUCCESS - or otherwise - AS AN ADULT.....

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