A local bank executive gets a new pay package, and two local REITs try to fend off a hostile bid made by a California investment fund.
The Brink’s Co.
CEO pay takes a hit
Pay is down for the head honchos at three big companies in town, but it’s still good to be the boss. The executives running three of Richmond’s top public companies – Dominion Resources Inc., The Brink’s Co., and Media General Inc. – each saw their overall compensation drop in 2009 as a result of the bruising recession, according to proxy statements filed by the companies this week with the SEC.