State Street Corp. said on Thursday that it paid Chief Executive Officer Ronald Logue a $2.8 million bonus for 2004, raising his total compensation to $6 million, Reuters reports.

In 2003, Logue was State Street's president and chief operating officer and earned $1.7 million, while State Street's then-CEO, David Spina, earned about $1 million in salary and $1.2 million in bonus. Logue became CEO last summer when Spina resigned unexpectedly.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.