If the attempt by BHP Billiton Ltd. (NYSE:BHP) to acquire Potash Corp. of Saskatchewan Inc. is successful, Chief Executive Officer Bill Doyle could earn a cool $445.4 million from his stock holdings and options.
In its most recent filing of Potash, Doyle was shown to hold 3.43 million shares of the company and options combined.
The filing showed that Doyle's salary in 2009 was $1.1 million, while receiving another $1.7 million in stock and $4.9 million in options awards.
BHP circumvented the desires of Potash yesterday after being rejected, taking their bid directly to shareholders.
Most think they'll end up making a much higher bid that would be acceptable to everyone, and in that case Doyle has said they wouldn't be opposed doing a deal.
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