McDonald's Corp. Chief Executive Officer Jim Skinner received compensation valued at $17.6 million for 2009, an increase of 29 percent, according to a regulatory filing Friday.
Skinner got the biggest boost from a large increase in a performance-based cash bonus. In 2008, his compensation was valued at $13.6 million. In 2009, the 65-year-old got a base salary of $1.4 million, up 4 percent from 2008. He received an $11.5 million performance-based bonus last year, two-and-a-half times what he got the previous year. Much of the bonus -- $8.3 million -- was from a long-term incentive plan award paid out once every three years.