Anixter International CEO Robert Grubbs' 2008 pay jumps 35% to $7.3M
Anixter International reports 2008 executive compensation
By ExecPay News
Published: April 6, 2011
Anixter International reported fiscal year 2008 executive compensation information on April 6, 2011.
In 2008, six executives at Anixter International received on average a compensation package of $2.5M, a 35% increase compared to previous year.
Average pay of disclosed executives at Anixter International
Robert W. Grubbs, Chief Executive Officer, received $7.3M in total, which increased by 35% compared to 2007. 51% of Grubbs' compensation, or $3.7M, was in stock awards. Grubbs also received $31K in bonus, $931K of change in pension value and nonqualified deferred compensation earnings, $188K in non-equity incentive plan, $1.9M in option awards, $504K in salary, as well as $23K in other compensation.
Robert J. Eck, Chief Executive Officer, received a compensation package of $2.9M, which increased by 98% compared to previous year. 33% of the compensation package, or $950K, was in option awards.
Dennis J. Letham, Chief Financial Officer, earned $2.7M in 2008, a 16% increase compared to previous year.
Terrance A. Faber, Vice President Controller, received $916K in 2008, which increases by 20% compared to 2007.
John A. Dul, General Counsel, earned $900K in 2008, a 16% increase compared to previous year.
Rodney A. Smith, Vice President Human Resources, received $482K in 2008, which decreases by 2% compared to 2007.
Anixter International's fiscal year ends on January 3.
Related executives
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
Robert Grubbs
Anixter International
Chief Executive Officer
Rodney Smith
Anixter International
Vice President — Human Resources
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Source: SEC filing on April 6, 2011.