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DALLAS (AP) - The chief executive of Burlington Northern Santa Fe Corp. got compensation valued at $12.6 million in 2007, 3 percent more than the year before, as the railroad operator's profits slipped but its stock rose nearly 13 percent.
Apart from his 2007 compensation, Matthew K. Rose also exercised options or had shares vest last year that the company valued at $34.7 million, according to a proxy statement filed Monday with the Securities and Exchange Commission.
Burlington Northern is the nation's second-largest railroad company by total revenue of $15.8 billion last year, slightly trailing Union Pacific Corp. It has about 40,000 employees.
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