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One month into his new job as CEO of Interpublic Group, Michael Roth has received a raise.
Roth’s annual salary is $1.1 million a year as CEO and co-chairman, according to papers filed with the Securities and Exchange Commission last week. That’s $150,000 more than his previous paycheck, and $100,000 more than what David Bell, his predecessor and co-chairman, makes. IPG has also granted Roth another 450,000 shares of restricted stock, and options to purchase 450,000 more shares of common stock at a strike price of $13.64.
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