Putnam Investments chief executive Charles "Ed" Haldeman, Jr. earned roughly $13.7 million in total compensation in 2004, his first full year running the mutual fund company, the Boston Globe reports.

The bulk of his salary, according to a securities filing by Putnam parent Marsh & McLennan Cos., came from a $6.5 million bonus and $6.1 million worth of restricted stock.

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