Limited CEO pay package up 32%

New York City Leslie H. Wexner, chairman and chief executive, Limited Brands, received compensation valued at almost $6.9 million in 2008, up 32% from a year ago, according to an analysis of a regulatory filing.

Wexner, 71, received a base salary of $1.9 million and a performance-based bonus of $1.5 million, according to the company's proxy statement filed Monday with the Securities and Exchange Commission.

The bonus was more than $1 million above the $436,896 in 2007 when his total compensation was valued by The Associated Press at $5.2 million.

Wexner received other compensation worth $1.3 million, including $965,000 for security services paid by the company, $331,557 in contributions to his retirement plan, $11,450 in tax-equalization payments and $4,525 in reimbursement of medical costs not covered by the company's standard health plan.

He also received $252,015 in above-market or preferential earnings on deferred compensation.