WASHINGTON (Dow Jones/AP) - AT&T Corp. disclosed Tuesday its 2004 bonus payments and 2005 restricted stock and performance share awards for its senior executives, and said Chief Executive David W. Dorman will get a $1.97 million bonus award for last year.
The telecommunications company said in a Form 8-K filed with the Securities and Exchange Commission that Dorman also will get a restricted stock award of 146,100 shares and 340,900 performance shares in 2005.
William J. Hannigan, the company's president and newly appointed chief operating officer, will get a bonus of $1.15 million for 2004. He also will get 92,100 restricted shares and 214,800 performance shares in 2005.
AT&T Chief Financial Officer Thomas W. Horton will get a $697,000 bonus for 2004 and 56,300 restricted shares. He also is set to receive 131,200 performance shares this year.
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