My figures are indeed true. You can find all of the figures in the annual reports of BBT. In salary, bonuses and other pay the top six executives pay increased 12% in 1999, 21.2% in 2000 and 10.5% in 2001 these figures are over each previous year. Get your hands on an annual report. In addition they were granted 638,494 stock options at an exercise price of $23.9375 in the year 2000 alone. Get a copy of their annual reports and check out the three years salary, bonus and other pay columns. You might want to go to both the 2001 and 2002 reports to get a really good picture.
The company states that over one-half of the CEO's compensation is based solely on future stock price appreciation and 80% is tied to directly performance results. Share price must not be one of the citeria for this pay or maybe they feel that the shareholders should just keep on paying for getting back to the share prices we have already paid them to achieve in the past.