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MGM Mirage ex-CEO Lanni paid $5.8M in 2008

Associated Press - June 25, 2009 4:55 PM ET

LAS VEGAS (AP) - An Associated Press analysis of regulatory filings show that former MGM Mirage chief executive Terry Lanni was paid $5.8 million in 2008, almost 40% less than in 2007.

Lanni resigned in November and was replaced by then COO Jim Murren, who was paid $3.7 million last year by the casino operator.

The AP calculations use data from a proxy statement the Las Vegas-based company filed Thursday the U.S. Securities and Exchange Commission.

Lanni's pay package included $2 million in salary and $1.34 million in perks, including $717,000 for company contributions to an executive retirement plan and $482,000 for personal use of a company airplane.

Murren's package included a $1.5 million salary and $442,000 in perks.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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