W ho often profit this year’s competition in order to become America’s high-paid down chief executive? With little to no more than two months remaining in 1996, the most popular by the on the fifty Moves-Royce lengths looks as Larry Coss, 57, a home-effacing former used-auto dealer, whoever total payment because the Chief executive officer away from Green Tree Economic Co. in St. Paul, Minnesota, is actually streaking to your the fresh $100 mil draw. Coss, whoever company focuses primarily on financial support cellular property, motorbikes or other huge-violation consumer issues, walked away having $65.six million in the salary and you can extra just last year, making most useful-understood titans such Sanford Weill of your Guests Category and you may Jack Welch regarding Standard Electronic throughout the soil.
Environmentally friendly Tree is short for the fresh rapier edge of a red-colored-scorching expertise: the firm of making finance to those that have busted credit at interest rates one initiate within highest and offer so you can quite high and you may nosebleed
Measured of the abilities, Coss, whoever pay is made up overwhelmingly off Green Forest inventory, get deserve some extra in his packet: they have were able to boost the company’s worthy of on a torrid 83% compound price over the past 5 years, it is therefore one of several hottest activities to your Ny Stock-exchange and you can winning encomiums on the enjoys away from Fidelity shared-funds expert Peter Lynch.