REEBOK'S FIREMAN GETS 60% RAISE AFTER "SOME" GOALS ARE MET

          Reebok Int'l President & CEO Paul Fireman's pay "rose"
     60% to $1.6M, including his first bonus since '94, after the
     company "reached some, but not all, of its financial goals,"
     according to BLOOMBERG NEWS.  Fireman's salary went from $1M
     to $1.04M, he received a $562,500 bonus, as well as 111,150
     stock options worth $7.26M in 10 years, "assuming the stock's
     price rises" 10% a year.  He was awarded 500,000 options in
     '96.  Some analysts said that Reebok's '97 performance
     "didn't merit an increase in pay," as earnings fell 2.8%. 
     Thomas Berg of Laidlaw Global Securities: "It's totally
     inappropriate."  Fireman's maximum bonus was to equal 100% of
     his base salary, "depending on whether he met certain goals
     for cash flow, pretax profit and total orders."  The company
     "only exceeded" cash flow (BLOOMBERG NEWS/N.Y. POST, 3/28).