ICE completed its $11 billion takeover of Big Board operator NYSE
Euronext in November, giving it control of Liffe, Europe's No.2
derivatives market. In 2013, shares of ICE rose 82.6 percent, helped
by its takeover of NYSE, while NYSE rival Nasdaq's share price rose
60.6 percent, according to Thomson Reuters' data.
The company said that if Sprecher is terminated without cause, due
to a change in control of the company or otherwise, he would receive
$37.1 million in total compensation.
In 2013, Sprecher received $17,981,469 in compensation, up from $8.4
million in 2012, according to the filing, dated March 14.
Sprecher's base salary was unchanged from 2012 at $1.05 million. The
founder of Atlanta-based ICE also received $13.7 million in stock
awards, $1.2 million in stock options awards, $2 million in cash
incentives, and just under $33,000 in other compensation.
Sprecher is also authorized personal use of ICE's corporate jets
worth up to $75,000, the filing said.
Robert Greifeld, CEO of Nasdaq OMX Group <NDAQ.O>, received $13.8
million in total compensation last year, up from $8.9 million in
2012, according to a separate filing.
When ICE completed its purchase of NYSE Euronext, it kept on the New
York Stock Exchange owner's CEO Duncan Niederauer, who is president
of ICE and CEO of NYSE. ICE plans to spin off Euronext the second
quarter of this year. Niederauer was paid $13.1 million in total, up
from $8.9 million in 2012.
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Niederauer, whose employment term ends on December 31, will receive
a one-time $13 million cash payment following termination of his
employment for any reason, and his health and life insurance will
continue for two years following termination. Niederauer will also
receive stock awards and other compensation, for a total of just
under $29.5 million.
(Additional reporting by Herb Lash; editing by Grant McCool)
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