Word: bonuses
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Dates: during 1960-1969
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...coach. "I can't hit." "Well," said the coach, "maybe you can pitch." In his first two games, Koufax struck out 34 batters, and big-league scouts began pounding on his dormitory door. The Dodgers got there first, with a contract that called for a $14,000 bonus and a salary...
...language of the South Vietnamese leaders, and can be expected to use both effectively whether smoothing U.S. relations with President Ngo Dinh Diem or prodding Diem's reluctant government into some political and financial reform. Along with a good man for the job, Kennedy gets a political bonus. Lodge's assignment will remove him from the G.O.P. team in next year's presidential campaign and will also make Republicans think twice before attacking Administration policy in troublesome South Viet...
...Finally Realized." A Michigan State graduate, signed by the Red Sox in 1959 for a $20,000 bonus, Radatz sulked at first when he was assigned to the bullpen. "Everybody wants to be a starter," he says. "But I finally realized that the only way I was going to make the majors was to obey orders. If they wanted me to be a starter now, I'd regard it as a demotion. Being a relief man pays good...
Automobiles' golden year showed up on the paychecks too. General Motors Chairman Frederic Garrett Donner, 60, set an alltime automotive industry record in 1962 by earning $791,475-$201,475 in salary and directors' fees, a cash bonus of $442,500 to be collected over five years to soften the tax pinch, and $147,500 in "contingent credit"-the bonus value of G.M. stock options he was granted for 1962. The mathematics might seem a little complicated to anyone less skilled in figures than Donner, but G.M. had a tax-conscious explanation: Donner theoretically would have only...
General Motors President John F. Gordon was not far behind; he got $726,100. Two executive vice presidents earned more than $600,000, and four other G.M. vice presidents were paid more than $500,000. Over at Ford, helped by record 1962 sales that lifted executive bonuses, Chairman Henry Ford II earned $540,000 in salary and cash bonus last year. Ford's retiring President John Dykstra earned $515,000, and incoming President Arjay Miller got $417,917. Ford's ten top officers serving as directors received at least $215,000 each...