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Houston's highest paid executives; corporate salaries still soaring, survey shows. (illustration)
Houston's highest paid executives
Corporate salaries still soaring, survey shows
Public companies may be riding on the bottom, but salaries are still heading for the top, according to a recent survey on executive compensation in Houston.
As a group, the 15 highest paid public company executives in Houston received an average pay increase of 27 percent in 1985. Many of these top moneymakers headed energy-related companies stung by falling oil and gas prices.
The man who made the most money, however, heads a highly profitable insurance conglomerate. Harold Hook, chief executive officer of giant American General Corp., pulled down $904,000 in 1985. Hook also pocketed the biggest salary increase …
