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Byline: Evan Clark
Gap's Murphy Earns $9.3 Million in 2008
Glenn Murphy, chairman and chief executive officer of Gap Inc., received total compensation of $9.3 million in 2008, his first full year on the job.
According to a regulatory filing with the Securities and Exchange Commission, Murphy's take included salary of $1.5 million, stock and option awards valued at $4 million and non-equity incentive pay of $3 million.
The ceo received other compensation of $834,434, including $211,244 for personal use of a company airplane and $477,044 in expenses for his relocation to California from Canada, where he was chairman and ceo of Shoppers Drug Mart …