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Originally published Sunday, June 15, 2008 at 12:00 AM

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Paper to profits

Forty of the Northwest's CEOs supplemented their 2007 income by exercising stock options received in previous years.

Forty of the Northwest's CEOs supplemented their 2007 income by exercising stock options received in previous years. The payout tended to be big: $2.6 million on average. Here are the top five stock-option gains last year.

CEO Company Gain
Earl Lewis Flir Systems $20,400,858
Steven Rogel* Weyerhaeuser 10,924,188
Mark Pigott Paccar 10,477,470
Peter Rose Expeditors International 8,239,268
Jim Sinegal Costco Wholesale 8,197,700
* Rogel was replaced as CEO by Daniel Fulton in April.

Source: Equilar

Copyright © 2008 The Seattle Times Company

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