Inside these posts: Melvin J. Gordon

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Cash bonuses double Tootsie Roll execs’ pay

Tootsie-Web.jpgEllen Gordon, president and COO of Tootsie Roll, in 1996. (AP Photo/Beth A. Keiser)

By Julie Wernau | The husband and wife team behind the Chicago-based Tootsie Roll brand received cash bonuses this year that more than doubled their base salaries. Melvin J. Gordon, chairman and CEO of Tootsie Roll Industries, received $4.15 million in total compensation in 2009, an increase over last year’s compensation of $3.3 million, according to a proxy statement filed Friday with the Securities and Exchange Commission and his wife, Ellen R. Gordon, president and chief operating officer, received $4 million, an increase over last year’s compensation of $3.19 million.

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