Money talking | Arkansas Blog

Friday, March 21, 2008

Money talking

Posted By on Fri, Mar 21, 2008 at 11:10 AM

Alltel Corp.'s loss of $525 million for the fourth quarter last year on expenses related to the sale of the company was reported this morning. Roby Brock's talkbusiness.net reports on some interesting compensation facts from the company's 10K filing: CEO Scott Ford received $127 million in salary, stock awards and other compensation, a good portion of which was related to the sale of the company to Goldman Sachs and TPG capitol. See the website for other paychecks to top Alltel people.

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