The top three highest-paid executives at Polo Ralph Lauren Corp. brought in a total of $43.9 million in compensation for fiscal 2007, according to a filing with the Securities and Exchange Commission Friday.

Ralph Lauren, chairman and chief executive officer, garnered a total pay package worth $25.9 million, with the bulk of his compensation coming from $16.5 million in non-equity incentives.

The ceo had a base salary of $1 million, $5.5 million in stock awards, $2.7 million in option awards and $110,000 of &"other compensation."

According to the filing, Roger Farah, president and chief operating officer, received a $12.5 million compensation package, with the largest portion coming from $8.6 million in stock awards. Jackwyn Nemerov, executive vice president, had a total annual pay package worth $5.5 million, with the largest portion coming from $1.9 million of non-equity incentive pay.

Lauren's incentive bonus was fueled by strong profit gains of the luxury brand. &"Based on the company's achievement of performance goals relative to the net income before taxes target established by the Compensation Committee, for fiscal 2007 Mr. Lauren received an incentive bonus of $16,500,000, representing his maximum bonus opportunity," the company said in the SEC filing.

On the &"other compensation" line of the pay disclosures, Polo Ralph Lauren Corp. said, &"In fiscal 2007, Mr. Lauren received perquisites and other personal benefits, including supplemental medical expenses ($64,086), use of an automobile and driver ($46,470), personal security and merchandise discounts."

— Arthur Zaczkiewicz

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