The CEO of Starwood Hotels & Resorts Worldwide Inc. received compensation the company valued at $8.2 million in 2009, a more than 70 percent increase as the hotelier's stock price more than doubled, according to a regulatory filing.
Frits Van Paasschen's base salary at the owner of the Sheraton, W Hotels and Westin brands held steady at $1 million.
Schultz took home a $600,000 bonus in 2009, compared with none the year before, according to regulatory filing submitted to the Securities and Exchange Commission.
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