Arkansas business rankings: executive compensation.
TABULAR DATA OMITTED
Alphabetical Index of Executives Rank A Theodore Atkins 61 W.E. Ayres 57 B David Banks 9 Phil Bartos 97 Paul Bergant 55 Max Bobbitt 12 R.S. Boreham Jr. 29 Curtis Bradbury Jr. 43 Michael Bracy 42 John Brewster 102 J. Douglas Brook 114 Joe Brooks 108 C Joe Campbell 60 Dean Cannon 76 Rose Cannon 111 Kevin Carlin 41 Robert Christian 100 James Clemmons 54 James Cobb 72 Richard Cooper 88 Barry Crow 93 Cecil Cupp Jr. 59 D Enoch Dawkins 50 Alex Dillard 6 Mike Dillard 7 William Dillard 2 William Dillard II 5 Andre Dimitriadis 8 James Dodd 105 Thomas Doty 109 Robert Dudley 98 E Jerry Ellis 85 Albert Ethelecu 35 Daniel Evans 101 Williams Evans 68 F Dennis Ferra 31 William Fields 30 John Fleischauer 62 Joe Ford 4 Francis Frantz 28 James Freeman 18 G Ben Garrison 96 F.S. Garrison 75 David Glass 16 Larry Goddard 113 Barnett Grace 14 Stanley Green 46 H Boyd Hendrickson 27 Harold Henson Jr. 82 Edwin Henry 67 Frank Hickingbotham 33 Herren Hickingbotham 56 T. Milton Honea 47 James Hudson 10 Michael Hudson 37 J.B. Hunt 15 J. Bryan Hunt Jr. 63 J Paul James 45 Robert Jones 87 T.J. Jones 104 A.L. Johnson 23 Gerald Johnston 36 James Jordan 110 Charles Jurgensmeyer 48 K Ronald Kayne 17 James Kelley 66 George Kerley 83 James Kimzey 94 Rodger Kline 95 Gregory Kowert 73 L W. Clif Lawson 107 J. Robert Lemon 68 M William Martin 49 J. Thomas May 58 Gerald McAully 51 Drayton McLane Jr. 24 Thomas McLarty III 25 Jack McNutt 19 Andrew Melton 70 John Meyers 88 Charles Morgan Jr. 80 N Donald Neal 77 Robert Null Jr. 91 P James Patridge 71 Ronald Punkar 112 David Purtle 38 Q R.L. Qualls 26 R B. Brick Robinson 52 S Charles Scharlau 13 James Seiter 84 R. David Slack 88 Donald Soderquist 20 Bobby Stephens 22 John Steuri 1 James Stobaugh 81 Donald Stone 86 Ron Strother 39 David Stubblefield 78 Ernest Swisher III 106 T Gene Thomason 92 J. Kirk Thompson 21 Thomas Tipps 64 Leland Tollett 11 Ronald Toothaker 102 Don Tyson 3 V Clefton Vaughan 53 W Jerry Watkins 40 Robert Weaver 74 Jim Wilhite 34 Hartsell Wingfield 65 James Womble 99 Donald Wray 32 Y Jerry Yarbrough 77 Robert Young 44 The Stephens Connection You will not see the name of Jack Stephens on Arkansas Business' ranking of executive compensation. And, unless Stephens decides to take Stephens Holding Co. or any of its divisions public, you will never see him on such a list. Stephens may not be involved in all of Arkansas' 26 public companies, but his connection and the connection of Stephens Inc., a subsidiary of Stephens Holding Co., is impressive. Here is a compilation of some of the Stephens connections with five Arkansas companies. In addition, Stephens Inc. maintains a market in the common stock of Acxiom Corp., Cannon Express Inc. and J.B. Hunt Transport Services Inc. Stephens Inc. also has acted as financial adviser for Arkla Inc. Alltel Corp. -- Stephens Group Inc. owns more than 8.3 million shares, or 9.02 percent, of Alltel Corp. Beverly Enterprises Inc. -- Stephens Group Inc. owns more than 5.3 million shares, or 7.2 percent, of Beverly Enterprises. Stephens Group also owns 100 percent of Beverly's preferred stock. American Freightways Corp. -- Stephens Inc. owns 5.4 percent of American Freightways, according to its 1992 proxy statement. Tyson Foods Inc. -- In 1989, Stephens Inc. offered to underwrite a $100 million issue of Tyson stock, a move that allowed Tyson to complete the $1.5 billion acquisition of Holly Farms Inc. and become the country's largest poultry company. Worthen Banking Corp. -- According to Worthen's 1992 proxy statement, Jack Stephens owns 11 percent of Worthen stock; Bess Stephens, Jackson T. Stephens and Vernon Giss, as trustees of the W.R. Stephens Trust, own 13.8 percent of Worthen stock; and Jon E.M. Jacoby, trustee for Warren A. Stephens Grantors Trust and Warren Amerine Stephens Trust No. 2, owns 8.2 percent of Worthen stock. In 1991, a Worthen subsidiary had outstanding a $5 million revolving line of credit in favor of Jackson T. Stephens. A Closer Look at '93 Proxy Statements Last year, the Securities and Exchange Commission required all public companies to publish a graph in their 1993 proxy statements charting how the companies' stock compared to stock of peer corporations and also the Standard & Poor's 500 Stock Index. But the SEC established no strict guidelines to determine how to make the comparison with the peer companies. Four of the five Arkansas-based companies who have released their 1993 proxy statements indicated their stock outperformed peer companies and the S&P 500 Index. Hudson Foods Inc. did not publish a comparison chart. In other developments from the 1993 proxy statements: * For each of the last three years, Hudson Foods has paid $577,497 in premiums for a split-dollar life insurance policy on James T. "Red" Hudson, chairman of the board and chief executive officer. The beneficiaries of the policy have been selected by executives of the Rogers-based company. Upon Hudson's death, Hudson Foods will be reimbursed by the policy beneficiary to the extent of premiums paid by Hudson Foods. * Tyson Foods Inc. leases farms from members of the Tyson family. In fiscal 1992, Tyson Foods made these lease payments: $822,250 to Don Tyson; $364,000 to a partnership of John H. Tyson and the estate of Randal Tyson; $1,407,001 to a partnership of Joe Fred Starr and the children of Don Tyson, including John H. Tyson; $734,500 to the Tyson Children Partnership, of which John H. Tyson is a partner; $151,667 to the estate of Randal Tyson; $27,964 to the estates of John and Helen Tyson, of which Don Tyson is executor. * In 1992, Tyson Foods paid entities, of which Don Tyson is a principal, $1.7 million for the operation of a wastewater treatment plant next to the Tyson Foods processing facility in Nashville. It also paid Tyson Limited Partnership and another entity in which Don Tyson is a principal $911,718 for the operation of a wastewater treatment plant near Tyson Foods facility in Springdale. * TCBY Enterprises Inc. paid Brooks-Pollard Co. $186,000 for consultation services in 1992. Hugh Pollard, a TCBY director, is CEO of Brooks-Pollard. TCBY also paid the Rose Law Firm $908,000 in legal fees. Hillary Rodham Clinton, a TCBY director in 1992, was also a member of the Rose firm.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||includes related articles; Tabular data only|
|Author:||Smith, David (American novelist)|
|Date:||Apr 5, 1993|
|Previous Article:||Systematics' Steuri is highest-paid executive.|
|Next Article:||No greasy kids' stuff: Arkansas-Mississippi venture builds a better oil-water separator.|
|Arkansas business rankings: executive compensation.|
|Systematics' Steuri is highest-paid executive.|
|Arkansas' top execs get raises.|