Returning First Data CEO Duques Made $16.4 Million In 2005

Duques rejoined FDC on November 26, 2005 following the surprise retirement for personal reasons of former CEO Charlie Fote. The proxy statement reported Fote received $19.9 million in 2005 compensation.

The proxy statement also disclosed that the top executives of FDC did not receive bonuses for 2005 - except for Chief Technology Officer David Dibble who received $1,000,000 in bonuses made up of a $500,000 signing bonus and has a minimum annual bonus guarantee of $500,000.

However, special cash bonus awards were made by the board in 2005 that will be payable in March 2006 to Kim Patmore (CFO - $550,000), Christina Gold ($750,000 - Western Union), and Pam Patsley ($600,000 - First Data International) if the executive is still employed by the Company.

The Compensation Committee made the special cash bonus award to recognize strong performance of the merchant and payments segments, the significant progress made to integrate the recently acquired Concord EFS, Inc., and the continued strong international expansion of the Company, as well as to maintain compensation for these individuals that is competitive in the market.