Monday, 28 July 2014
Last updated 11 hours ago
Feb 25 2013 | 2:10pm ET
The two men atop Kohlberg Kravis Roberts each earned more than $135 million last year, beneficiaries of a rash of deals and dividends.
Henry Kravis and George Roberts were each paid more than $35 million in compensation, up about 17% from 2011. In addition, KKR's record dividend last year put another $106 million in Roberts' picket and $102 in Kravis'.
The big uptick in compensation is due primarily to the two mens' share of deal profits; each was paid a base salary of $300,000, unchanged for three years.
Kravis and Roberts weren't the only two KKR employees to enjoy an increase in compensation. Todd Fisher, the firm's chief accounting officer, was paid $15.2 million in 2012, and CFO William Janetschek $4.6 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…