From: Reuters
Published April 7, 2008 03:35 PM

Halliburton paid CEO Lesar $14.8 mln in 2007

NEW YORK (Reuters) - Halliburton Co <HAL.N> Chairman and Chief Executive Officer David Lesar took home $14.8 million in compensation in 2007, a drop from the package of more than $16 million he earned the previous year.

In a filing with the Securities and Exchange Commission, the world's No. 2 oilfield services company said Lesar was paid a salary of $1.3 million and non-equity incentives of $7.4 million and was given stocks and options worth $5.1 million.

He also was given nearly $1 million in other compensation, including $157,000 for personal use of the company airplane, $7,100 per month for security and $52,000 to cover his costs to move to Dubai to open another company headquarters.

Lesar, 54, also reaped an additional $11 million from exercising previously awarded stocks and options.

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(Reporting by Matt Daily; Editing by Brian Moss)

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