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Latest Business News

Top Dillard's Bonuses at $1.8 Million

Wednesday, April 27, 2005 3:48:02 PM

LITTLE ROCK, Ark. (AP) - After a year without bonuses, two top executives of the Dillard's Inc. department store chain drew bonuses of $1.83 million for 2004, the company said in a regulatory filing on Tuesday.

Chief executive William Dillard II and company president Alex Dillard didn't draw bonuses in 2003. In both 2003 and 2004, William Dillard had a salary of $710,000 and Alex Dillard was paid $620,000.

William and Alex Dillard are children of late company founder William Dillard Sr., as are executive vice presidents Mike Dillard and Drue Corusier. Mike Dillard had a 2004 bonus of $854,000, and Corusier was paid a bonus of the same amount for 2004. Neither had a bonus for 2003.


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