The top man at FleetBoston Financial Corp. was rewarded with $11 million in pay for 2003, the same year his company allowed for Bank of America Corp. to purchase it, Fleet said in an annual report filed with the Securities and Exchange Commission.

The salary of the CEO, Chad Gifford, was $992,000, but he also was awarded $3.78 million in stock, $6 million in bonuses and almost a quarter of a million in unrelated compensation. In 2002, he made $1.6 million altogether.

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