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Jump to full article: The Wall Street Journal Interactive Edition, 1999-10-12
Author: CATHLEEN EGANNE/Dow Jones Newswires
Intro: Brooke Group Ltd. (BGL), in addition to boosting Chairman Bennett S. LeBow's cash compensation 11.8% in 1998, awarded the tobacco executive stock options for the first time in three years.
LeBow, who also is president and chief executive of Brooke, the holding company for tobacco maker Liggett Group Ltd., received options for 2.625 million shares of common stock, according to a proxy filed Tuesday with the Securities and Exchange Commission. The options, which have an exercise price of $9.29 a share, have an assumed value of about $20.5 million, the filing said.
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