AUSWR
The Association of U S West Retirees
 

 

 

Qwest OKs targets for exec bonuses
Denver Post
Wednesday, February 27, 2008

The compensation and human-resources committee of Qwest's board of directors approved specific performance targets used to calculate the 2008 Qwest Management Bonus Plan, according to a Tuesday filing.

Under the plan, bonus payments are calculated using bonus target percentages and are adjusted based on a combination of corporate, business-unit and individual performance.

Payments are expected to be distributed in the first quarter of 2009.  The target bonus percentage for chairman and chief executive Ed Mueller is 200 percent.  The target for chief financial officer John Richardson is 150 percent.

http://www.denverpost.com/search/ci_8372358