Title:
Total Compensation (2008): $3,544,374
Base Salary:
Bonus: $10,000
Stock Awards:
Option Awards: $1,365,517
Non-Equity Incentive Plan Compensation:
Change in Pension Value and Deferred Compensation: $312,921
All Other Compensation:Rapp oversees Caterpillar’s financial products, building construction products, legal services, global finance and strategic support, and global information
services divisions. Rapp was recognized in part for “significantly” improving the building construction products’ overall quality metrics and for lowering the
division’s inventory levels.