Mueller's pay package includes a $1.2 million salary, $2.5 million performance-based bonus, and $638,109 in and other compensation. He also received stock and option awards valued at $7.6 million at the time they were granted.
Qwest reported revenue of $12.3 billion in the year ended Dec. 31, down 9% from $13.5 billion reported in 2008. Net income climbed 1.5% to $662 million from $652 million reported in the year earlier.
Mueller's total pay is calculated using data supplied in a proxy statement filed with the Securities and Exchange Commission on March 17. The following figures are taken from the summary compensation table: salary, bonus, non-equity incentive plan compensation, and all other compensation (perks). Added to those figures is the estimated value of stock options and awards granted during the year; that figure is taken from the table that summarizes grants of plan-based awards. The calculations don't include changes in the value of pension benefits.
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