Anixter International CEO Robert Grubbs' 2007 pay rises 9% to $5.4M
Anixter International reports 2007 executive compensation
By ExecPay News
Published: April 8, 2008
Anixter International reported fiscal year 2007 executive compensation information on April 8, 2008.
In 2007, six executives at Anixter International received on average a compensation package of $1.9M, a 31% increase compared to previous year.
Average pay of disclosed executives at Anixter International
Robert W. Grubbs, Chief Executive Officer, received $5.4M in total, which increased by 9% compared to 2006. 35% of Grubbs' compensation, or $1.9M, was in stock awards. Grubbs also received $859K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $260K in option awards, $975K in salary, as well as $22K in other compensation.
Dennis J. Letham, Chief Financial Officer, received a compensation package of $2.3M, which increased by 8% compared to previous year. 32% of the compensation package, or $742K, was in stock awards.
Robert J. Eck, Chief Executive Officer, earned $1.5M in 2007, a 52% increase compared to previous year.
John A. Dul, General Counsel, received $776K in 2007, which increases by 12% compared to 2006.
Terrance A. Faber, Vice President Controller, earned $765K in 2007, a 16% increase compared to previous year.
Rodney A. Smith, Vice President Human Resources, received $492K in 2007, which increases by 241% compared to 2006.
Anixter International's fiscal year ends on January 3.
Related executives
Robert Grubbs
Anixter International
Chief Executive Officer
Robert Eck
Anixter International
Chief Executive Officer
Dennis Letham
Anixter International
Chief Financial Officer
John Dul
Anixter International
General Counsel
Terrance Faber
Anixter International
Vice President — Controller
Rodney Smith
Anixter International
Vice President — Human Resources
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Source: SEC filing on April 8, 2008.