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Baltimore Gas & Electric Co.'s top three executives didn't get any extra cash in their paychecks last year.
Poor earnings in 1997 kept chairman and chief executive Christian H, Poindexter and two other senior executives from bringing home cash bonuses at year end. Net income for the power utility was down $37 million.
Still, a long-term incentive plan, based on the company's performance measured against other utility providers, awarded Poindexter and Edward A. Crooke, president and chief operating officer, stock bonuses that were more than double what they received in 1996.
"Because applicable 1997 earnings were below the gate amounts, no awards were paid …