Comments on Fortune Brands' Useful Supplemental Compensation Disclosure

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Comments on Fortune Brands' Useful Supplemental Compensation Disclosure
Michael Melbinger via Winston & Strawn LLP

[Opinion]
Mar. 17, 2010

Excerpt: I noticed an interesting addition to the 2010 Proxy Statement disclosure ... filed last week by Fortune Brands, Inc.... . Right below the footnotes for the Summary Compensation Table, the Company adds a chart labeled - 'TAXABLE COMPENSATION REPORTED' - showing the actual W-2 compensation for each of the NEOs for 2007, 2008 and 2009. In some cases and years, but not all, the W-2 figures are less.

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