Total compensation paid to Windstream CEO Jeff Gardner fell by nearly $2 million last year, Arkansas Business reported online on Tuesday.
Gardner's total compensation in 2012 was $7.99 million, down from the $9.78 million he received in 2011. His base salary increased to $998,615 in 2012, up from the $991,000 he received the previous two years. His stock awards, however, fell to $5.19 million last year, down from the $$6.53 million he received in 2011.
The Little Rock-based telecommunications company plans to hold its annual meeting on May 8. At the meeting, shareholders will vote to elect nine directors, including current board member Alan Wells, the former CEO of Newton-based Iowa Telecom that was acquired by Windsteam in June 2010.