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NEW JERSEY'S TOP
Highest Paid CEOs
Ranked by 2011 total compensation*
By Danielle Mack
RankEXECUTIVE
COMPANY
COMPANY ADDRESS
PHONE | WEBSITE
2011 SALARY
STOCK AWARDS
OTHER COMPENSATION **
2011 Total Compensation
% Change
1
David M. Cote
Honeywell
101 Columbia Road
Morris Township, 07962
(877) 841-2840 | www.honeywell.com
$1,800,000
$0
$36,042,723
$37,842,723
88%
2
William C. Weldon(1)
Johnson & Johnson
1 Johnson & Johnson Plaza
New Brunswick, 08933
(732) 524-0400 | www.jnj.com
$1,907,215
$2,608,694
$22,282,030
$26,797,939
-7%
3
John R. Strangfeld Jr.
Prudential Financial Inc.
751 Broad St.
Newark, 07102-3777
(973) 802-6000 | www.prudential.com
$1,400,000
$3,345,931
$11,454,069
$16,200,000
-26%
4
John D. Finnegan
The Chubb Corp.
15 Mountain View Road
Warren, 07059-6711
(908) 903-2000 | www.chubb.com
$1,325,000
$7,954,740
$6,440,836
$15,720,576
-22%
5
Mark P. Frissora
Hertz
225 Brae Blvd.
Park Ridge, 07656
(201) 307-2000 | www.hertz.com
$1,187,500
$4,945,727
$8,055,066
$14,188,293
28%
6
Kenneth C. Frazier(2)
Merck & Co. Inc.
1 Merck Drive
Whitehouse Station, 08889
(908) 423-1000 | www.merck.com
$1,500,000
$3,107,878
$8,739,774
$13,347,652
41%
7
Surya N. Mohapatra
Quest Diagnostics
3 Giralda Farms
Madison, 07940
(973) 520-2700 | www.questdiagnostics.com
$1,231,122
$5,192,553
$6,357,046
$12,780,721
4%
8
Francisco D'Souza
Cognizant Technology Solutions
500 Frank W. Burr Blvd.
Teaneck, 07666
(201) 801-0233 | www.cognizant.com
$566,500
$10,285,710
$909,748
$11,761,958
5%
9
Stuart Essig(3)
Integra LifeSciences Holdings Corp.
311 Enterprise Drive
Plainsboro, 08536
(609) 275-0500 | www.integra-ls.com
$749,038
$10,723,200
$2,861
$11,475,099
86%
10
Jane T. Elfers
Children's Place Retail Stores
500 Plaza Drive
Secaucus, 07094
(201) 558-2400 | www.childrensplace.com
$1,000,000
$9,999,978
$125,485
$11,125,463
414%
11
Stephen P. Holmes
Wyndham Worldwide
22 Sylvan Way
Parsippany, 07054
(973) 753-6000 | www.wyndhamworldwide.com
$1,164,856
$4,125,000
$5,376,333
$10,666,189
12%
12
Seifi Ghasemi
Rockwood Holdings Inc.
100 Overlook Center
Princeton, 08540
(609) 514-0300 | www.rockwoodspecialties.com
$1,100,000
$2,360,704
$6,730,737
$10,191,441
-23%
13
Robert J. Hugin
Celgene Corp.
86 Morris Ave.
Summit, 07901
(908) 673-9000 | www.celgene.com
$1,041,667
$1,793,400
$6,082,932
$8,917,999
20%
14
Timothy M. Ring
C. R. Bard Inc.
730 Central Ave.
Murray Hill, 07974
(908) 277-8000 | www.crbard.com
$1,085,000
$3,109,738
$4,658,324
$8,853,062
-13%
15
John H. Johnson(4)
Savient Pharmaceuticals
400 Crossing Blvd, 3rd Floor
Bridgewater, 08807
(732) 418-9300 | www.savient.com
$552,308
$4,891,900
$3,346,500
$8,790,708
NA
16
Frank J. Coyne
Verisk Analytics Inc.
545 Washington Blvd.
Jersey City, 07310
(201) 469-2000 | www.verisk.com
$1,000,000
$750,016
$5,848,121
$7,598,137
6%
17
Joseph L. Herring
Covance Inc.
210 Carnegie Center
Princeton, 08540
(609) 452-4440 | www.covance.com
$980,000
$1,961,232
$4,251,388
$7,192,620
21%
18
David Crane
NRG Energy Inc.
211 Carnegie Center
Princeton, 08540
(609) 524-4500 | www.nrgenergy.com
$1,210,000
$3,242,883
$2,547,414
$7,000,297
-14%
19
Martin R. Benante
Curtiss-Wright
10 Waterview Blvd., 2nd Floor
Parsippany, 07054
(973) 541-3700 | www.curtisswright.com
$970,000
$829,350
$5,139,226
$6,938,576
-13%
20
Sara Mathew
Dun & Bradstreet Inc.
103 JFK Parkway
Short Hills, 07078
(973) 921-5500 | www.dnb.com
$800,000
$1,725,000
$4,141,922
$6,666,922
19%
21
Shane D. Fleming
Cytec Industries Inc.
5 Garret Mountain Plaza
Woodland Park, 07424
(973) 357-3100 | www.cytec.com
$840,480
$388,338
$5,153,780
$6,382,598
55%
22
Thomas M. Joyce
Knight Capital Group Inc.
545 Washington Blvd.
Jersey City, 07310
(201) 222-9400 | www.knight-sec.com
$750,000
$1,799,593
$3,820,316
$6,369,909
3%
23
William V. Hickey
Sealed Air
200 Riverfront Blvd.
Elmwood Park, 07407
(201) 791-7600 | www.sealedair.com
$675,000
$4,993,758
$46,142
$5,714,900
16%
24
Marc P. Lefar
Vonage Holding
23 Main St.
Holmdel, 07733
(732) 528-2600 | www.vonage.com
$925,000
$796,871
$3,877,091
$5,598,962
-7%
25
Stephen G. Waldis
Synchronoss Technologies Inc.
200 Crossing Blvd.
Bridgewater, 08807
(866) 620-3940 | www.synchronoss.com
$525,000
$1,322,332
$3,544,776
$5,392,108
155%
26
Kevin Cummings
Investors Bancorp Inc.
101 JFK Parkway
Short Hills, 07078
(973) 924-5100 | www.isbnj.com
$850,100
$1,981,500
$2,307,723
$5,139,323
46%
27
Ronald L. Nelson
Avis Budget Group
6 Sylvan Way, Suite 1
Parsippany, 07054
(973) 496-4700 | www.avisbudgetgroup.com
$1,000,000
$265,901
$3,867,378
$5,133,279
-61%
28
Ronald Michels
Anadigics
35 Technology Drive
Warren, 07059
(908) 668-5000 | www.anadigics.com
$397,405
$2,800,645
$1,382,448
$4,580,498
520%
29
Robert O. Carr
Heartland Payment Systems Inc.
90 Nassau St.
Princeton, 08542
(609) 683-3815 | www.heartlandpaymentsystems.com
$732,875
$2,987,249
$746,301
$4,466,425
-29%
30
Ralph Izzo
Public Service Enterprise Group Inc.
80 Park Plaza
Newark, 07101-1171
(973) 430-7000 | www.pseg.com
$946,450
NA
$3,430,706
$4,377,156
-53%
31
Stephen M. Smith
John Wiley & Sons Inc.
111 River St.
Hoboken, 07030
(201) 748-6000 | www.wiley.com
$620,833
$520,260
$3,175,316
$4,316,409
-3%
32
Edward J. Graham
South Jersey Industries
1 South Jersey Plaza
Folsom, 08037
(609) 561-9000 | www.sjiindustries.com
$659,327
$620,857
$2,895,359
$4,175,543
18%
33
Clive A. Meanwell
The Medicines Co.
8 Campus Drive
Parsippany, 07054
(973) 656-1616 | www.themedicinescompany.com
$723,060
$837,600
$2,517,906
$4,078,566
87%
34
Maurice S. Reznik
Maidenform Brands
Woodbridge Corporate Plaza, 485 Route 1 South
Iselin, 08830
(732) 621-2300 | www.maidenform.com
$687,019
$2,604,438
$691,901
$3,983,358
38%
35
Mitchell E. Hersh
Mack-Cali Realty Corp.(5)
343 Thornall St.
Edison, 08837
(732) 590-1000 | www.mack-cali.com
$1,050,000
$1,480,731
$1,408,583
$3,939,314
1%
36
Laurence M. Downes
New Jersey Resources
1415 Wyckoff Road
Wall, 07719
(732) 938-1480 | www.njresources.com
$715,454
$1,367,628
$1,325,653
$3,408,735
50%
37
N. Robert Hammer
CommVault Systems Inc.
2 Crescent Place
Oceanport, 07757
(732) 870-4000 | www.commvault.com
$476,692
$473,201
$2,412,389
$3,362,282
57%
38
Gregory E. Murphy
Selective Insurance Group
40 Wantage Ave.
Branchville, 07890
(973) 948-3000 | www.selective.com
$900,000
$1,300,001
$1,134,626
$3,334,627
2%
39
Jeffry E. Sterba(6)
American Water Works
1025 Laurel Oak Road
Voorhees, 08043
(856) 346-8200 | www.amwater.com
$675,000
$810,019
$1,626,119
$3,111,138
120%
40
James R. Craigie
Church & Dwight Co.
469 N. Harrison St.
Princeton, 08543-5297
(609) 683-5900 | www.churchdwight.com
$922,500
$44,704
$2,105,600
$3,072,804
-27%
41
John F. Crowley
Amicus Therapeutics Inc.
1 Cedarbrook Drive
Cranbury, 08512
(609) 662-2000 | www.amicustherapeutics.com
$461,356
NA
$2,493,739
$2,955,095
63%
42
J. Brendan Barba
AEP Industries
125 Phillips Ave.
South Hackensack, 07606
(201) 641-6600 | www.aepinc.com
$877,406
$1,006,740
$1,017,501
$2,901,647
52%
43
Ara K. Hovnanian
Hovnanian Enterprises
110 Front St.
Red Bank, 07701
(732) 747-7800 | www.khov.com
$1,092,606
$24,125
$1,649,424
$2,766,155
-56%
44
Marc D. Grodman
Bio-Reference Laboratories Inc.
481 Edward H. Ross Drive
Elmwood Park, 07407
(201) 791-2600 | www.bioreference.com
$1,059,044
$0
$1,614,422
$2,673,466
125%
45
Randolph Gress
Innophos Inc.
259 Prospect Plains Road
Cranbury, 08512-3717
(609) 495-2495 | www.innophos.com
$710,600
$579,182
$1,381,552
$2,671,334
-14%
46
Irvin E. Richter
Hill International
303 Lippincott Centre
Marlton, 08053
(856) 810-6200 | www.hillintl.com
$1,200,000
NA
$1,427,396
$2,627,396
18%
47
Anthony J. Orlando
Covanta Holding Corp.
445 South St.
Morristown, 07960
(862) 345-5000 | www.covantaenergy.com
$735,000
$550,016
$1,209,643
$2,494,659
-58%
48
Gerald B. Shreiber
J&J Snack Foods
6000 Central Highway
Pennsauken, 08109
(856) 665-9533 | www.jjsnack.com
$750,000
NA
$1,582,670
$2,332,670
2%
49
Glenn Stevens
GAIN Capital
550 Hills Drive
Bedminster, 07921
(908) 731-0700 | www.gaincapital.com
$650,000
$344,860
$1,328,328
$2,323,188
-8%
50
Steven M. Klosk
Cambrex
1 Meadowlands Plaza
East Rutherford, 07073
(201) 804-3000 | www.cambrex.com
$460,032
$286,000
$1,133,567
$1,879,599
24%
51
Paul F. McLaughlin
Rudolph Technologies
1 Rudolph Road
Flanders, 07836
(973) 691-1300 | www.rudolphtech.com
$609,473
$985,000
$245,536
$1,840,009
-7%
52
Steven V. Abramson
Universal Display Corp.
375 Phillips Blvd.
Ewing, 08618
(609) 671-0980 | www.universaldisplay.com
$542,487
$649,969
$636,626
$1,829,082
-71%
53
Howard S. Jonas
IDT Corp.
550 Broad St.
Newark, 07102
(973) 438-1000 | www.idt.net
$36,044
NA
$1,755,389
$1,791,433
365%
54
Francois Nader
NPS Pharmaceuticals
550 Hills Drive, 3rd Floor
Bedminster, 07921
(908) 450-5300 | www.npsp.com
$525,000
NA
$1,198,044
$1,723,044
-4%
55
Gary Stern
Asta Funding
210 Sylvan Ave.
Englewood Cliffs, 07632
(201) 567-5648 | www.astafunding.com
$577,500
$0
$1,112,842
$1,690,342
22%
56
David L. Wenner
B&G Foods Inc.
4 Gatehall Drive, Suite 110
Parsippany, 07054
(973) 401-6500 | www.bgfoods.com
$513,000
$424,080
$678,593
$1,615,673
-29%
57
Simon F. Nynens
Wayside Technology Group Inc.
1157 Shrewsbury Ave.
Shrewsbury, 07702
(732) 389-8950 | www.waysidetechnology.com
$281,667
$497,890
$815,733
$1,595,290
10%
58
Michael J. Dunn Jr.
Suburban Propane Partners
1 Suburban Plaza, 240 Route 10 W.
Whippany, 07981
(973) 887-5300 | www.suburbanpropane.com
$475,000
NA
$1,067,370
$1,542,370
-14%
59
Steve B. Hughes
Smart Balance Inc.
115 W. Century Road, Suite 260
Paramus, 07652
(201) 568-9300 | www.smartbalance.com
$710,500
NA
$721,000
$1,431,500
105%
60
Andrew A. Krakauer
Cantel Medical
150 Clove Road
Little Falls, 07424
(973) 890-7220 | www.cantelmedical.com
$467,500
$494,500
$445,082
$1,407,082
22%
61
Nancy Lurker
PDI Inc.
1 Route 17 S.
Saddle River, 07458
(201) 258-8450 | www.pdi-inc.com
$561,688
$699,997
$114,172
$1,375,857
-13%
62
Bob Gamgort
Pinnacle Foods Corp.
6 Executive Campus
Cherry Hill, 08002-4130
(856) 969-7100 | www.pinnaclefoodscorp.com
$875,000
NA
$482,890
$1,357,890
-65%
63
John R. Garbarino
OceanFirst Bank
975 Hooper Ave.
Toms River, 08753-8320
(732) 240-4500 | www.oceanfirst.com
$492,596
NA
$836,198
$1,328,794
-17%
64
Ana I. Stancic(7)
Enzon Pharmaceuticals Inc.
20 Kingsbridge Road
Piscataway , 08854
(732) 980-4500 | www.enzon.com
$201,462
$542,150
$499,957
$1,243,569
NA
65
Jack S. Abuhoff
Innodata
3 University Plaza
Hackensack, 07601
(201) 488-1200 | www.inod.com
$431,140
NA
$792,418
$1,223,558
131%
66
Cynthia L. Sullivan
Immunomedics Inc.
300 The American Road
Morris Plains, 07950
(973) 605-8200 | www.immonumedics.com
$558,600
NA
$639,122
$1,197,722
82%
67
Efraim Grinberg
Movado Group
125 Chubb Ave.
Lyndhurst, 07071
(201) 460-4800 | www.movado.com
$950,000
NA
$223,880
$1,173,880
-11%
68
Paul K. Wotton
Antares Pharma Inc.
250 Phillips Blvd., Suite 290, Princeton Crossroads Corporate Center
Ewing, 08618
(609) 359 3020 | www.antarespharma.com
$446,000
$262,517
$458,113
$1,166,630
54%
69
Frank C. Condella Jr.
Columbia Laboratories
354 Eisenhower Parkway, 2nd Floor, Plaza I
Livingston, 07039
(973) 994-3999 | www.columbialabs.com
$325,000
NA
$832,787
$1,157,787
30%
70
Peter J. Arduini(8)
Integra LifeSciences Holdings Corp., Integra LifeSciences Corp.
311 Enterprise Drive, 311 Enterprise Drive
Plainsboro, 08536, Plainsboro, 08536
(609) 275-0500 | www.integra-ls.com, www.integralife.com
$600,000
NA
$557,213
$1,157,213
-45%
71
Dennis W. Doll
Middlesex Water Co.
1500 Ronson Road
Iselin, 08830
(732) 634-1500 | www.middlesexwater.com
$411,965
$64,723
$595,481
$1,072,169
72%
72
Marc Eisenberg
ORBCOMM Inc.
2115 Linwood Ave., Suite 100
Fort Lee, 07024
(201) 363-4900 | www.orbcomm.com
$379,600
NA
$658,606
$1,038,206
3%
73
Carl Spana
Palatin Technologies Inc.
4-C Cedar Brook Drive
Cranbury, 08512
(609) 495-2200 | www.palatin.com
$400,000
$257,500
$360,826
$1,018,326
119%
74
Robert F. Mangano
First Constitution Bank
2650 Route 130 North and Dey Road
Cranbury, 08512
(609) 655-4500 | www.1stconstitution.com
$550,000
$86,751
$310,494
$947,245
7%
75
Eugene W. Landy
Monmouth Real Estate Investment
125 Wyckoff Road
Eatontown, 07724
(732) 542-4927 | www.mreic.com
$275,000
$39,650
$574,305
$888,955
-15%
76
Leon Kopyt
RCM Technologies Inc.
2500 McClellan Ave.
Pennsauken, 08109
(856) 356-4500 | www.rcmt.com
$660,000
NA
$205,334
$865,334
-2%
77
D. Michael Harlan Jr.
Breeze-Eastern
700 Liberty Ave.
Union, 07083-8107
(908) 686-4000 | www.breeze-eastern.com
$301,154
$64,889
$494,023
$860,066
61%
78
Thomas J. Shara Jr.
Lakeland Bank
250 Oak Ridge Road
Oak Ridge, 07438
(973) 697-2000 | www.lakelandbank.com
$500,000
$210,094
$112,945
$823,039
49%
79
Samuel A. Landy
UMH Properties Inc.
3499 Route 9 North, Suite 3C, Juniper Business Plaza
Freehold, 07728
(732) 577-9997 | www.umh.com
$330,000
$290,160
$122,542
$742,702
9%
80
Ransom J. Parker
Hooper Holmes
170 Mount Airy Road
Basking Ridge, 07920
(908) 766-5000 | www.hooperholmes.com
$400,000
$53,000
$281,430
$734,430
36%
81
Thomas X. Geisel
Sun Bancorp
226 Landis Ave.
Vineland, 08360
(856) 691-7700 | www.sunnb.com
$550,000
NA
$158,981
$708,981
-57%
82
Peter A. Inverso
Roma Financial Corp.
485 Hamilton Ave.
Trenton, 08609
(609) 585-6300 | www.romabank.com
$344,000
$50,000
$291,877
$685,877
18%
83
Spiro Rombotis
Cyclacel Pharmaceuticals Inc.
200 Connell Drive, Suite 1500
Berkeley Heights, 07922-2805
(908) 517-7330 | www.cyclacel.com
$490,383
$62,250
$133,131
$685,764
4%
84
Jeffrey M. Jagid
I.D. Systems Inc.
123 Tice Blvd., Suite 101
Woodcliff Lake, 07677
(201) 996-9000 | www.id-systems.com
$312,000
$60,820
$298,327
$671,147
8%
85
Vito S. Pantilione
Parke Bancorp
601 Delsea Drive
Sewell, 08080
(856) 256-2500 | www.parkebank.com
$403,000
NA
$229,500
$632,500
11%
86
Daniel Bernstein
Bel Fuse
206 Van Vorst St.
Jersey City, 07302
(201) 432-0463 | www.belfuse.com
$300,000
NA
$315,887
$615,887
24%
87
William T. Fejes Jr.
SL Industries
520 Fellowship Road, Suite A-114
Mount Laurel, 08054
(856) 727-1500 | www.slindustries.com
$350,000
$96,255
$160,986
$607,241
-33%
88
Steven E. Brady
Links at Brigantine Beach, Ocean Shore Holding Co.
Roosevelt Blvd. & the Bay, 1001 Asbury Ave.
Brigantine, 08203, Ocean City, 08226
(609) 266-1388 | www.brigantinegolf.com, (800) 771-7990
$422,000
NA
$173,961
$595,961
-39%
89
Frank A. Kissel
Peapack-Gladstone Financial
158 Route 206
Peapack-Gladstone, 07934
(908) 234-0700 | www.pgbk.com
$390,000
$97,500
$104,712
$592,212
-13%
90
Robert E. Matthiessen
Intest
2 Pin Oak Lane
Cherry Hill, 08003
(856) 424-6886 | www.intest.com
$317,242
NA
$256,801
$574,043
1%
91
Anthony Labozzetta
Sussex Bank
399 Route 23
Franklin, 07416-0353
(973) 827-2914 | www.sussexbank.com
$323,360
$82,545
$147,802
$553,707
10%
92
James A. Luksch
Blonder Tongue
1 Jake Brown Road
Old Bridge, 08857
(732) 679-4000 | www.blondertongue.com
$410,550
NA
$136,342
$546,892
6%
93
Christopher J. Schaber
Soligenix Inc.
29 Emmons Drive, Suite C10
Princeton, 08540
(609) 538-8200 | www.soligenix.com
$370,000
NA
$153,929
$523,929
-41%
94
Anthony C. Weagley
Center Bancorp Inc.
2455 Morris Ave.
Union, 07083-0007
(908) 688-9500 | www.centerbancorp.com
$341,324
$25,006
$156,852
$523,182
44%
95
Raphael Benaroya(9)
Russ Berrie
1 Meadowlands Plaza, 8th Floor
East Rutherford, 07073
(201) 405-2400 | www.russberrie.net
$431,500
$25,850
$49,009
$506,359
NA
96
Dunnan D. Edell(10)
CCA Industries
200 Murray Hill Parkway
East Rutherford, 07073-7486
(201) 330-1400 | www.ccaindustries.com
$350,000
NA
$122,735
$472,735
9%
97
Zachary C. Parker
TeamStaff
300 Atrium Drive
Somerset, 08873
(732) 748-1700 | www.teamstaff.com
$285,785
NA
$182,514
$468,299
-4%
98
David Mintz
Tofutti Brands
50 Jackson Drive
Cranford, 07016
(908) 272-2400 | www.tofutti.com
$450,000
NA
$0
$450,000
-44%
99
Raymond P. Warrell Jr.
Genta
200 Connell Drive
Berkeley Heights, 07922
(908) 286-9800 | www.genta.com
$408,000
NA
$35,491
$443,491
-19%
100
Duncan Hon(11)
Emerson Radio Corp.
9 Entin Road
Parsipanny, 07054-0430
(973) 884-5800 | www.emersonradio.com
$375,000
NA
$65,031
$440,031
30%
101
Ashleigh Palmer
Unigene Laboratories Inc.
81 Fulton St.
Boonton, 07005
(973) 265-1100 | www.unigene.com
$382,821
NA
$22,696
$405,517
-62%
102
James A. Hughes
Unity Bancorp
64 Old Highway 22
Clinton, 08809
(908) 730-7630 | www.unitybank.com
$252,863
$113,950
$16,914
$383,727
42%
103
Paul Genova
Wireless Telecom Group
East 64 Midland Ave.
Paramus, 07652
(201) 261-8797 | www.noisecom.com
$230,000
$54,000
$79,700
$363,700
-5%
104
Joseph Laezza
Glowpoint
225 Long Ave.
Hillside, 07205
(973) 282-2000 | www.wireoneinc.com
$275,000
NA
$72,600
$347,600
-22%
105
Charles Moore
IGI Laboratories Inc.
105 Lincoln Ave.
Buena, 08310
(856) 697-1441 | www.igilabs.com
$269,281
NA
$50,983
$320,264
-66%
106
John H. Freeman
Dataram
NA
Princeton, 08543-7528
(609) 799-0071 | www.dataram.com
$275,000
NA
$22,375
$297,375
-51%
107
Manfred F. Dyck
Hydromer Inc.
35 Industrial Parkway
Branchburg, 08876-3424
(908) 722-5000 | www.hydromer.com
$269,100
$0
$9,900
$279,000
0%
108
Phillip Chan
CytoSorbents
7 Deer Park Drive, Suite K
Monmouth Junction, 08852
(732) 329-8885 | www.cytosorbents.com
$239,496
NA
$0
$239,496
-43%
109
John H.D. Dewey
Dewey Electronics
27 Muller Road
Oakland, 07436
(201) 337-4700 | www.deweyelectronics.com
$165,636
NA
$5,591
$171,227
5%
110
F. Raymond Salemme
Redpoint Bio Corp.
7 Graphics Drive
Ewing, 08628
(609) 637-9700 | www.redpointbio.com
$146,198
NA
$4,266
$150,464
-60%
 
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