Steven Burd, chairman, president and CEO of US supermarket chain Safeway Inc, received a falt salary of US$1m last year, up from US870,000 in 2000.

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On top of the salary, Burd picked up a bonus of US$1.15m and no stock options, compared to a US$1.7m bonus (including a US$450,000 retention bonus) and options for 2 million common shares in 2000.


The details were listed in a proxy statement filed with the Securities and Exchange Commission (SEC) on Friday.


The same filing revealed that Vasant Prabhu, executive VP and CFO of Safeway, received in 2001 a US$517,000 salary and a US$400,000 bonus, up from a US$154,000 salary and a US$900,000 bonus the previous year.

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