BY THE NUMBERS: The compensation package for Alcoa Inc. CEO Klaus Kleinfeld rose 2 percent to $12.6 million in 2011. It consisted primarily of restricted stock and options awards valued at $9.5 million when granted on Jan. 25, 2011.
BONUS CUT: Kleinfeld agreed to a 42 percent cut in his performance-based cash bonus when business weakened in the last half of the year. The company's stock price fell 44 percent during the year.
WHAT'S NEXT: Shareholders will consider a number of proposals during the May 4 annual meeting, including supermajority voting requirements and election of directors.