Board lights up Reynolds execs' lives.

• Position: TRIAD - Brief Article

Reynolds American's board gave six top executives about $10 million in benefits as part of a long-term incentive plan. The so-called "performance shares" are cash payments based on the company's stock price. They will vest over the next three years. The Winston-Salem-based cigarette maker, formed in July by the merger of R.J. Reynolds Tobacco Holdings and Louisville, Ky.-based Brown & Williamson Tobacco, must pay a quarterly dividend of at least 95 cents for the shares to vest...