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Edward Jones executives, for appear to have struck therighty chord. When the investment brokerage’se year-over-year net income slid 39 percentto $311.78 million last year, Managing Partner James Weddle’s annual compensation took a nearly identical hit. He is St. second highest-paid executive with $6.66 millioh in compensation, but that amounty is about 38 percent off from when he toppedx the list withnearly $10.8 milliobn collected in 2007. Edward Jonesw is a private partnership, not a public company.
Yet Securities and Exchangw Commission rules require it to disclose some financial andcompensationb information, allowing the Business Journal to include the investmengt brokerage’s top executives in its highest-pai list. The firm holdsx five of the top 10 positiones on thelist — with partners Gary Reamey, Norma n Eaker, Brett Campbell and Stevenh Novik taking the Nos. 4, 5, 6 and 9 spots, Hugh Grant, chairman, president and CEO of , helpede the biotech seed maker more than double its earningsa to morethan $2 billion last He earned an 18 percent bump in cash and non-equity taking him to $5.26 million, keeping him at No.
7 on the pay
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