Emerson Executives See Paychecks Shrink

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Emerson CEO David Farr’s total compensation this year is $10.4 million, including a base salary of $1.25 million, the filing stated. That’s down 19 percent from $12.8 million last year and less than half his total compensation of $24.8 million for 2010.

But executives’ base salaries ticked up over the three years, and the decline in total compensation can be attributed to the company’s performance shares program, which pays out every three years.

Read more on St. Louis Business Journal.

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