BUSINESSWEEK ONLINE : APRIL 17, 2000 ISSUE
SPECIAL REPORT

Pay for Performance: Both Ends of the Scale


To see how pay measures up to performance, BUSINESS WEEK uses two sets of 
criteria. One looks at how good a job the boss did for shareholders. The other 
compares what the boss made with how well the company did.


EXECUTIVES WHO GAVE SHAREHOLDERS THE MOST FOR THEIR PAY...

                                  TOTAL PAY*
                                  THOUSANDS    SHAREHOLDER  RELATIVE
                                  OF DOLLARS     RETURN**    INDEX

1 DAVID WETHERELL CMGI              $3,544       13,948%     3,964

2 PAUL FOLINO Emulex                 1,177        2,757      2,427

3 A. JERROLD PERENCHIO Univision       300          452      1,841

4 IRWIN JACOBS Qualcomm              4,003        3,517        904

5 F. NEAL HUNTER Cree                2,553        1,721        713


...AND THOSE WHO GAVE SHAREHOLDERS THE LEAST

1 MICHAEL EISNER Walt Disney        $636,899         28%       0.2

2 CHARLES WANG Computer Assoc. Intl. 702,822        112        0.3

3 SANFORD WEILL Citigroup            488,049        185        0.6

4 RAY IRANI Occidental Petroleum     109,579          5        1.0

5 HENRY SILVERMAN Cendant            106,879         10        1.0


EXECUTIVES WHOSE COMPANIES DID THE BEST RELATIVE TO THEIR PAY...

                                          TOTAL PAY*
                                           THOUSANDS  AVG. RETURN  RELATIVE
                                          OF DOLLARS  ON EQUITY     INDEX

1 A. JERROLD PERENCHIO Univision             $300        14%         48

2 RICHARD FAIRBANK Capital One Financial      676        22          39

3 STEPHEN SANGER General Mills             12,014       260          29

4 MICHAEL BIRCK Tellabs                     1,987        28          25

5 WILLIAM GATES Microsoft                   1,757        30          23


...AND THOSE WHOSE COMPANIES DID THE WORST RELATIVE TO THEIR PAY

1 STEPHEN CASE America Online            $303,231      -119%       0.01

2 MARK LEVIN Millennium Pharmaceuticals     1,440       -57        0.04

3 BRIAN HALLA National Semiconductor        3,560       -56        0.49

4 DAVID WETHERELL CMGI                      3,544       -20        1.50

5 PATRICK NETTLES Ciena                     1,583        15        2.13


*Salary, bonus, and long-term compensation paid for the entire three-year 
period

**Stock price at the end of 1999, plus dividends reinvested for three years, 
divided by stock price at the end of 1996

DATA: EXECUCOMP, PROVIDED BY STANDARD & POOR'S INSTITUTIONAL MARKET SERVICES, A 
DIVISION OF THE McGRAW-HILL COMPANIES


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