- Associated Press - Wednesday, May 25, 2016

PROVIDENCE, R.I. (AP) - There are four CEOs from Rhode Island-based companies included in The Associated Press’ annual study of CEO pay.

The study used data provided by Equilar, an executive data firm. Equilar examined the regulatory filings detailing the pay packages of 341 executives. Equilar looked at companies in the Standard & Poor’s 500 index that filed proxy statements with federal regulators between Jan. 1 and April 30, 2016. To avoid the distortions caused by sign-on bonuses, the sample includes only CEOs in place for at least two years.

To calculate CEO pay, Equilar adds salary, bonus, perks, stock awards, stock option awards, deferred compensation and other pay components that include benefits and perks.

- Larry J. Merlo, CVS Health, $22.9 million (6 percent decrease)

- Scott C. Donnelly, Textron, $12.2 million (less than 1 percent increase)



- Brian Goldner, Hasbro, $10.3 million (29 percent decrease)

- Bruce Van Saun, Citizens Financial Group, $8 million (24 percent decrease)

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