Century Casinos Chairman Erwin Haitzmann's 2008 pay falls 76% to $589K
Century Casinos reports 2008 executive compensation
By ExecPay News
Published: March 16, 2009
Century Casinos reported fiscal year 2008 executive compensation information on March 16, 2009.
In 2008, four executives at Century Casinos received on average a compensation package of $374K, a 72% decrease compared to previous year.
Average pay of disclosed executives at Century Casinos
Erwin Haitzmann, Chairman, received $589K in total, which decreased by 76% compared to 2007. 78% of Haitzmann's compensation, or $462K, was in salary. Haitzmann also received $119 of change in pension value and nonqualified deferred compensation earnings, $66K in option awards, as well as $61K in other compensation.
Peter Hoetzinger, Chief Executive Officer, received a compensation package of $572K, which decreased by 76% compared to previous year. 81% of the compensation package, or $462K, was in salary.
Larry Hannappel, Chief Operating Officer, earned $211K in 2008, a 19% decrease compared to previous year.
Ray Sienko, Chief Accounting Officer, received $124K in 2008, which decreases by 31% compared to 2007.
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Source: SEC filing on March 16, 2009.