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Outside compensation of MIT officers serving as directors of public companies

Name

Company

2010 Compensation

Susan J. Hockfield

President

General Electric

$298,542

L. Rafael Reif

Provost

Schlumberger

$280,695

Theresa M. Stone

Executive VP and Treasurer

Progress Energy

$257,827

Claude R. Canizares

VP for Research & Associate Provost

L-3 Communications

$223,498

Source: Securities and exchange commision, general electric, schlumberger,
progress energy, L-3 communications

Several of MIT’s officers serve as directors of major public companies. The Securities and Exchange Commission records stock transactions on behalf of directors. The annual proxy statements from the various companies detail the compensation to those directors.