Knight Ridder filed documents with the Securities and Exchange Commission this afternoon disclosing the salaries of its top executives in 2005. Chief Executive Tony Ridder received $980,000 in salary and a $281,304 bonus. He holds restricted stock valued at $1,176,230. In terms of compensation (salary and bonus, but not including housing relocation fees or restricted stock), the pecking order goes like this: No. 2, senior vp and CFO Steve Rossi, $704,233; No. 3, senior vp Hilary Schneider, $695,166; No. 4, senior vp Art Brisbane, $693,618; and No. 5, senior vp Mary Jean Connors, $677,933. [E&P article] [SEC filing (see page 7, “Summary compensation table”)]

SF Press Club News

One Comment

  1. By way of salary comparison, check out Department of Labor’s Occupational Outlook Handbook’s figures for news reporters. The numbers match or exceed the pay at Knight Ridder and most newspapers and magazines.

    According to the Dept. of Labor:
    “Median annual earnings of reporters and correspondents were $31,320 in May 2004. The middle 50 percent earned between $22,900 and $47,860…. Median annual earnings of reporters and correspondents were $30,070 in newspaper, periodical, book, and directory publishers and $34,050 in radio and television broadcasting.”

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