Portland housing developers struggle to meet market needs
A walk down Pearl Street in Portland's Bayside neighborhood produces sights and sounds of bulldozers moving frozen earth and contractors laying a building foundation. The activity...
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Sides line up in renewables debate
Douglas Rooks |
A referendum to double Maine's standard for new renewable electricity generation will not be on the ballot in 2012 — but the battle lines are already forming for its likely... |
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A Waterville company hopes its corn protein patents will create products and jobs in the potato industry
Bob Mentzinger |
Those seeking locally grown advances in agriculture haven't "zein" anything yet. |
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This season’s scant snowfall worries snow-reliant industries
Bob Mentzinger |
It's almost an axiom in Maine. When the snow comes down, profits go up. |
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The new chief of the Institute for Family-Owned Business expands resources
Jonathan White |
Established in 1995 by third-generation auto magnate Shep Lee of Lee Auto Malls, the Institute for Family-Owned Business has been providing resources and support to enhance the chances a... |
Portland venture aims to change advertising paradigm
Two Portland-based entrepreneurs have received $400,000 in seed money for a venture they hope will change the paradigm of online and...
Portland's tight-knit network fosters the growth of tech startups
Tech startups are not synonymous with Maine, but some tech-based companies are calling Greater Portland home. While geographic location...
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Landlords can expect better negotiating positions in 2012
BY Justin Lamontagne
I am an admitted real estate nerd. I like talking about it. I like reading about it. And, obviously, I like writing about it. So it... |
Money matters
BY Mal Leary
Income taxes fall short |
Maine's highest-paid public company executives
Ranked by total annual compensation, 2012
| Rank | Executive, location | Total annual compensation (1)/Organization's revenue (in millions) |
| 1 | Jonathan Ayers, president/CEO Idexx Laboratories Inc., Westbrook | $3,824,198/$1,293.3 |
| 2 | Michael Dubyak, president/CEO WEX Inc.(2), South Portland | $1,945,545/$623.2 |
| 3 | Jay Mazelsky, executive vice president Idexx Laboratories Inc, Westbrook | $1,333,386/$1,293.3 |
| 4 | Michael Williams, executive vice president Idexx Laboratories Inc., Westbrook | $1,134,498/$1,293.3 |
(1) Total annual compensation includes salary, bonus and other annual compensation, but not long-term compensation. (2) Formerly Wright Express Corp. On May 1, 2013, Melissa Smith assumed the position of president as part of a leadership succession plan that will culminate in her taking on the additional role of CEO of WEX Inc. on Jan. 1, 2014. Michael Dubyak will remain chairman and CEO of WEX Inc. during the transition period, and will assume the newly created role of executive chairman of the board on Jan. 1, 2014.
Source: U.S. Securities & Exchange Commission company Proxy Statements (14A); each company's financial statements./Compiled by Roger Magnus.
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