CEO Would Trade 5 Percent Of Stock Options For 10 Percent More Time With His Kids

October 23, 2002 | Issue 38•39

HARTFORD, CT—Feeling sentimental Tuesday, Allied Plastics CEO Jonathan Mavre said he would gladly sacrifice a significant portion of his liquid assets for increased quality time with his children. "If I had the chance, I would give anything, even 5 percent of my ADM options, for an extra afternoon a week with Jacob and Lauren," Mavre said. "Of course, I'd be smarter to hedge by splitting the loss between ADM and Pepsico."