Sears Interim CEO Johnson's 2010 pay more than triples

(AP) — Sears Holdings Corp.'s interim CEO W. Bruce Johnson received compensation worth $5.3 million in 2010, more than triple the prior year, according to an analysis by the Associated Press.

The bulk of Johnson's compensation came in the form of stock awards valued at $4.3 million, up from $663,400 in the previous year.

Johnson served as interim CEO and president for three years. In February, the company named Louis J. D'Ambrosio permanent CEO. Johnson now services as executive vice president of the company's off-mall businesses and supply chain.

The company is controlled by billionaire financier Edward Lampert. It operates Sears and Kmart stores.

The AP's calculation counts salary, bonuses, perks stock and options awarded to executive during the year.