Word: strube
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Dates: during 2000-2009
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...cats even fatter. In Germany, where the culture places greater emphasis on making it to the top of a company than on lining your pockets once you get there, option giveaways still consume only about 5% of total corporate profits. At the German chemical company BASF, CEO Jurgen Strube collects about $300,000 worth of options a year. "In the U.S., you have CEOs who earn more than $100 million on their options," says BASF vice president Hans-Otto Brinkkotter. "We avoid that...