AUSWR
The Association of U S West Retirees
 

 

 

Qwest to let CEO's family use corporate jet
By Andy Vuong, Staff Writer
Denver Post
Saturday, September 1, 2007

Qwest amended the employment contract of new chief executive officer Ed Mueller to allow his wife and youngest daughter to use the company's corporate jet without him present, according to a regulatory filing Friday.

The change will accommodate his daughter's commute from California, where she is finishing her senior year in high school, to Mueller's new home in the Denver area.  Mueller is expected to close on the Denver home in October.

Mueller replaced Dick Notebaert as CEO of Denver-based Qwest three weeks ago.

Mueller, 60, will have a base annual salary of $1.2 million with a target bonus of $2.4 million.  He'll also receive 2 million stock options, with a strike price of $8.37, and 896,000 restricted shares.

Staff writer Andy Vuong can be reached at 303-954-1209 or avuong@denverpost.com.

http://www.denverpost.com/ci_6772613