United States

People: Legg Mason Inc (LM.N)

LM.N on New York Stock Exchange

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Huff, Barry 

Mr. Barry W. Huff is an Independent Director of the Company. Mr. Huff has been a director of Legg Mason since June 2009 and is currently engaged in private consulting. After his retirement in May 2008 from Deloitte & Touche USA LLP (“Deloitte”), an accounting firm, until March 2009, Mr. Huff provided consulting services to Deloitte. From 1995 to May 2008, Mr. Huff served as Vice Chairman, Office of the Chief Executive Officer at Deloitte. Mr. Huff’s qualifications to serve on our Board include his substantial accounting and auditing experience and expertise. Mr. Huff served as Deloitte’s National Managing Director for their Accounting & Auditing Practice in the United States and Chairman of its Global Accounting & Auditing Committee. Mr. Huff’s experience includes oversight and advisory services provided to numerous Deloitte clients in the United States and globally in various industries, including financial services, manufacturing and regulatory, and supervision of risk management activities related to Deloitte’s Accounting & Auditing Practice. Our Board has determined that Mr. Huff, a certified public accountant, qualifies as an “audit committee financial expert” under the rules and regulations of the SEC.

Basic Compensation

Total Annual Compensation, USD 92,500
Restricted Stock Awards, USD 125,004
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 217,504

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --