CEO Pay Falls at Big Three

The chief executives at Kroger, Safeway and Supervalu all saw their performance-based compensation decline in 2008, according to filings with the Securities and Exchange Commission, reflecting weakened performance at those companies. The declines followed strong gains in the preceding year in which many executives surpassed their goals, the filings indicated. Steve Burd, chairman, president and CEO

The chief executives at Kroger, Safeway and Supervalu all saw their performance-based compensation decline in 2008, according to filings with the Securities and Exchange Commission, reflecting weakened performance at those companies.

The declines followed strong gains in the preceding year in which many executives surpassed their goals, the filings indicated.

Steve Burd, chairman, president and CEO of Pleasanton, Calif.-based Safeway, led the Big Three in total compensation wi

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