The New York Stock Exchange pays almost $140 million in accrued savings, benefits and incentives to Chairman and Chief Executive Richard Grasso.
Grasso has been chairman and chief executive officer of the New York Stock Exchange since June 1995. He became executive vice chairman in 1991 and is the first member of the NYSE's management to be elected to any of these positions in the NYSE's history. Grasso joined the Exchange in 1968 and has worked his way up through the years. He has served as director of listings and marketing, in charge of adding qualified prospects to the NYSE's list of companies. Mr. Grasso became executive vice president, marketing group, and then executive vice president, capital markets, with responsibility for all financial products and the market data group.
Among his extensive and impressive list of accomplishments, Grasso serves on the board of directors of The Home Depot Inc.
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