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Byline: Jim Bohman
Mar. 8--DAYTON, Ohio--Salaries for top executives at DPL Inc., parent of the Dayton Power and Light Co., were sharply lower last year as mild weather cut profits.
Allen M. Hill, president and chief executive officer, saw his pay plunge to $675,000 in base salary plus a $1,000 matching contribution for shares in the Employee Stock Ownership Plan. The information is in the newly released proxy statement for the April 10 shareholders meeting.
In the previous year, Hill, 56, received $4.4 million, including $600,000 in base pay, $300,000 in bonus, $1.35 million in stock options plus $2.18 million in a special payout promised if DPL …