Clear Channel Chief Executive Mark Mays received compensation valued at $9.31 million for 2006, MarketWatch reported.
“Mays’ pay package included a $581,750 salary, stock awards valued at $1.59 million, option awards valued at $2.55 million and non-equity incentive plan compensation valued at $4.31 million,” the news organization stated, citing a proxy statement filed with the SEC.
President/CFO Randall Mays received pay valued at $9.28 million for 2006, including a $564,417 salary.