SUMMARY OF COMPENSATION OF EXECUTIVE OFFICERSEmployee Benefits Plan Agreement |
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Exhibit 10.19
SUMMARY OF COMPENSATION OF EXECUTIVE OFFICERS
Anheuser-Busch Companies, Inc. (the “Company”) does not have employment agreements with any of its executive officers. The following is a description of executive officer compensation.
On November 23, 2005, the Compensation Committee (the “Committee”) of the Board of Directors of the Company approved the annual base salaries effective January 1, 2006, of the Company’s executive officers after review of performance and competitive market data. The following table sets forth the 2006 base salary of the Company’s Named Executive Officers (which officers were determined by reference to the Proxy Statement for the Company’s 2006 Annual Meeting of Stockholders, dated March 9, 2006). The 2006 base salaries are the same as the 2005 base salaries for these executives.
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Name and Position |
2006 Base Salary |
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Patrick T. Stokes President and Chief Executive Officer |
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$ |
1,526,745 |
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August A. Busch III Chairman of the Board |
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$ |
600,000 |
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August A. Busch IV Vice President and Group Executive |
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$ |
950,000 |
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W. Randolph Baker Vice President and Chief Financial Officer |
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$ |
615,000 |
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Douglas J. Muhleman Group Vice President, Brewing, Operations and Technology, Anheuser-Busch, Incorporated |
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$ |
574,750 |
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No bonus payments were made to the Company’s Named Executive Officers for 2005. Information regarding 2006 bonuses is contained in the Compa
