Greifeld 2013 Compensation Rises 55.3% -- Update

By Bradley Hope 

Robert Greifeld, CEO of Nasdaq OMX Group Inc., was paid of $13.8 million in 2013, an increase of 55.3% from 2012, according to the company's annual proxy filing.

He received $12.8 million in stock awards and other incentives, on top of his base salary of $1 million, the filing said. Mr. Greifeld entered a new five-year contract with Nasdaq OMX on Feb. 22, 2012. He joined the company in 2003.

The company also noted in the proxy that Charlene Begley, formerly the chief information officer of General Electric Co., has been nominated to join the board of directors.

Her expertise would "enhance" discussions around improving technical infrastructure, Nasdaq said in the filing. The company was also analyzing how to tie executive pay to "systems resiliency in 2014," the filing said.

Trading in stocks listed on Nasdaq was suspended for three hours last August because of a software glitch. Also, the company was fined $10 million by the Securities and Exchange Commission for its mishandling of Facebook Inc.'s IPO in 2012.

Nasdaq's stock exchange is the third largest in the U.S. after those operated by NYSE Euronext Group Inc. and BATS Global Markets Inc., as measured by trading volume.

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