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Exhibit 10.20
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 21, 2006, the Compensation Committee (the
“Committee”) of the Board of Directors of the
Company approved the annual base salaries effective January 1,
2007, of the Company’s executive officers after review
of performance and competitive market data. The following
table sets forth the 2007 base salary of the Company’s
Named Executive Officers (which officers were determined by
reference to the Proxy Statement for the Company’s 2007
Annual Meeting of Stockholders, dated March 12,
2007).
|
Name and Position
|
|
2007 Annual
Base Salary
|
|
|
August
A. Busch IV
President
and Chief Executive Officer
|
|
$
|
1,225,000
|
|
| |
|
|
|
|
|
W.
Randolph Baker
Vice
President and Chief Financial Officer
|
|
$
|
645,750
|
|
| |
|
|
|
|
|
Mark
T. Bobak
Group
Vice President and Chief Legal Officer
|
|
$
|
634,608
|
|
| |
|
|
|
|
|
Douglas
J. Muhleman
Group
Vice President, Brewing, Operations and
Technology
Anheuser-Busch,
Incorporated
|
|
$
|
603,488
|
|
| |
|
|
|
|
|
Michael
J. Owens
Vice
President - Marketing
Anheuser-Busch,
Incorporated
|
|
$
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540,000
|
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Information
regarding 2006 bonus payments is contained in the
Company’s Form 8-K filed with the Securities and
Exchange Commission on February 14, 2007. Information
regarding 2007 bonuses is contained in the Company’s
Form 8-K filed with the Securities and Exchange
Com
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