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Highest-paid executives
Ranked by total compensation in fiscal year 2016 for public companies headquartered in Central Mass.

Total compensation
Non-equity incentive plan compensation
Option awards
Stock awards
Other annual compensation
1Ernie Herrman 1, CEO
The TJX Cos. Inc., Framingham
$20,180,755 2
$160,103 3
2Carol M. Meyrowitz 4, CEO & executive chairman
The TJX Cos. Inc., Framingham
$19,559,697 5
$1,597,465 3
3Michael F. Mahoney, chairman, president & CEO
Boston Scientific Corp., Marlborough
$281,730 3

Source: The U.S. Securities and Exchange Commission proxy statements. Notes: N/A = not applicable. Joseph M. Tucci served as chairman & CEO of Hopkinton's EMC Corp. until Sept. 2016, when the company was acquired by privately-owned, Texas-based Dell Inc. Robert H. Eder served as chairman & CEO of Providence and Worcester Railroad Co., until Nov. 1, 2016, when it was acquired by Darien, Conn.-based Genesee & Wyoming Inc. Matthew Boyle, CEO of Sevcon Inc., was not included because the company is headquartered in the U.K., and does not manufacture in Southborough; U.S. operations number 15 employees.
1 Served as president through FY 2016, which ended on Jan. 30, 2016; has been serving as CEO since Jan. 31, 2016, which is FY 2017 for The TJX Cos. Inc.
2 FY 2016 ended Jan. 30, 2016; FY 2017 total compensation was $18,536,866.
3 Change in pension value and non-qualified deferred compensation earnings
4 Served as CEO until Jan. 30, 2016, which is FY 2016 for The TJX Cos., Inc; has been serving as executive chairman through FY 2017, which ran Jan. 31, 2016 - Jan. 28, 2017.
5 FY 2016 ended Jan. 30, 2016; FY 2017 total compensation was $14,502,969.
- Compiled by: Stephanie R. Meagher,
Copyright 2017 New England Business Media