3 Tyson execs earn
$50 million for year
Three executives at Tyson Foods Inc. of Springdale earned more than $50 million in the company’s fiscal 2013, according to Tyson’s proxy statement filed with the U.S. Securities and Exchange Commission.
James Lochner, chief operating officer, received $20.8 million. His pay included $1 million in salary, with the remainder in nonexecutive incentives, fair value of stock and option awards, value of stock options exercised and “other” compensation, according to the statement.
John Tyson, chairman of the board, received $804,000 in salary, with total compensation of $20.4 million.
Donnie Smith, president and chief executive officer, received $1.04 million in salary, with total compensation of $9.36 million.
- Tina Parker Car-Mart figure nets $4.1 million on stock
William Sams, a director for Bentonville-based America’s Car-Mart, sold shares worth $4.1 million, according to documents filed last week with the Securities and Exchange Commission.
Sams sold a total of 100,000 shares for amounts varying between $40.94 to $41.80 on December 18, 19 and 20. He still owns 300,000 shares of Car-Mart. The company’s shares have traded as low as $38.51 and as high as $50.59 over the past year.
Earlier in December, Sams sold shares worth $8.2 million including 100,000 shares he directly owned, as well as 100,000 shares indirectly held by Marlin Sams Fund L.P. that were repurchased by Car-Mart as part of its stock repurchase program.
Sams has served as a director since March 2005.
- John Magsam
State index closes
at 337.04, a record
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, climbed 2.94 to an all-time high of 337.04 Monday.
“Increasing personal spending and improved consumer confidence helped push the markets higher,” said Bob Williams, senior vice president and managing director of Delta Trust Investments Inc. in Little Rock.
Bank of the Ozarks gained nearly 4 percent and closed on a 52-week high, Williams said.
Acxiom sold off almost 3.5 percent in active trading as investors reacted to recent articles in the Financial Times and Wall Street Journal about the lack of regulations governing the data brokerage industry, Williams said.
Dillard’s reached an alltime high of $97.87 during the day.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 23 on 12/24/2013