New east-west highway proposal renews an old debate with refocused financing
It seems simple: The shortest distance between two points is a straight line. But over the years, creating a line connecting Down East Maine/Canadian Maritimes to lucrative markets in...
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Efforts are under way to put a global spin on future papermakersContrary to common belief, Maine's pulp and paper industry is healthy, according to Jack Healy, executive director of the Maine Pulp and Paper Foundation, which recently hosted its 62nd... |
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Federal tax changes and a volatile natural gas market buffet wind development
Douglas Rooks |
Is Maine's wind power industry thriving or dying? While the question might seem hyperbolic, there's plenty of evidence for either proposition in what has been an unusually turbulent... |
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Textiles drive new Sappi marketsTwenty years ago, Sappi Fine Paper in Westbrook did absolutely no business in China, according to Sappi Supply Chain Manager Alan Blanchard. |
Gains and losses among Maine's major export partners and commodities
CommoditiesMaine is seeing a continued increase in aerospace exports, mostly for plane parts, although the new...
Nearly $25 million in upgrades position Maine's ports for more business
With nearly 3,500 miles of coastline, deep coastal waters and an eastern prominence, Maine has always looked to its ports to measure the...
It’s a crime
BY Mal Leary
Maine ranks 50th in income growth |
The behavior employees see from you is the behavior you will get in return
BY Doug Packard
Do you lead your business according to your values? Hopefully the answer is yes, because what employees see in the values you project as... |
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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