TECO Exec Pay Drops
Executives of TECO Energy saw their compensation drop last year, according to a report filed Wednesday with the Securities and Exchange Commission. Sherrill Hudson, chairman and chief executive of the parent company of both Tampa Electric and Peoples Gas, saw his total compensation drop 2.95 percent to $4.06 million, a decrease from his 2007 compensation of $4.18 million. Compensation includes salary, incentive pay, stock and option awards.