Murky ethics in Augusta could chill private business owners seeking public service
Darryl Brown's foray into public service started like that of many others. After working for decades to build a career and a family, there came a time when he felt inclined to give...
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A Freeport kayak maker and boatbuilding students combine skills to their mutual benefitOne of the oldest manufacturers of canoes and kayaks in the state, Freeport-based Lincoln Canoe and Kayak has been churning out its distinctive brand of handmade boats since 1959. |
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Rodney McKay steps down from 45 years of municipal service in Bangor
Roxanne Moore Saucier |
After 45 years of service to the city of Bangor, Rodney McKay retired April 14. The municipal mainstay has held various positions during his tenure, spending the last 16 years as director... |
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Bioplastics cluster gets a toeholdWhen a group of Maine manufacturers first met two years ago to discuss the emerging field of bioplastics, the conversation was abstract at best. |
Hancock Lumber takes advantage of global demand for Maine's prized tree
Growing up to 150 feet tall, the Eastern white pine tree is a hallmark of the Maine landscape. The tallest tree in eastern North America,...
Maine homebuyers are embracing a trend toward smaller houses
Add up $4-a-gallon heating oil. Subtract historically low mortgage rates. Divide by the worst housing crash in a century. Multiply by a...
Some sectors show promise as construction rebounds from the recession
National recessions tend to affect New England later and with less severity than the rest of the country. It also takes New Englanders...
Art or science?
Most business owners and their advisers are occasionally dependent on commercial property appraisals. "Bewildering" sometimes...
Brightening skies
BY Mal Leary
Budget surplus expected |
Your property's environmental well-being will affect its market value in multiple ways
BY Justin Lamontagne
Trichloroethene. Dichloreothene. Tetrachloroethene. These terms were not covered in Real Estate 101. But they should have been and, in... |
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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