Janus Capital CEO Dick Weil, who took the top job at the Denver-based mutual fund firm in February of last year, was the highest-paid executive in Colorado in 2010, the Denver Post reports. Weil's compensation was $20.3 million.

Dick Weil Janus Capital Group CEO

The compensation includes $10 million in stock as part of a signing bonus when Janus hired him away from Pimco.

Janus spokesperson James Aber told the pub that nearly 80 percent of Weil's compensation came in the form of long-term incentive awards and stock awards.

"We believe this compensation structure aligns his interest with the long-term interests of our shareholders," Aber said. 

Edited by: Hung Tran


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