Orlowsky's Pay Tripled Last Year

Source from:  Tobacco Reporter 04/10/2009

The pay of Lorillard's chief executive, Martin Orlowsky, more than tripled last year with a one-off award related to the extension of his employment agreement, according to a Tobacco China Online report quoting Reuters. Orlowsky's pay totalled about $15.9 million, a figure that included his salary, bonus, the value of stock and option awards and other compensation, according to a proxy filed with the US Securities and Exchange Commission. His pay totalled about $5.1 million in 2007. Enditem