Melville House Books

Publishers Marketplace yesterday linked to the troubled Borders book chain’s most recent 8-K SEC filing, which discloses the company’s executive salaries.

According to the filing Thomas D. Carney, executive vice president, general counsel and secretary, got a raise and is now making $450,000 a year. Mark R. Bierley, who was recently promoted to chief operating officer, also got a raise and is now getting $600,000 a year. The salary of Michael  J. Edwards, president of the company and chief executive officer, is holding steady at $750,000 a year. All also receive generous stock options, which are detailed in the filing. This comes just months after news (covered here on MobyLives) that the company paid nearly $1 million to two departing executives.

Kelly Burdick is the executive editor of Melville House.