Commercial Vehicle Group CEO Mervin Dunn's 2007 pay slips 7% to $1.5M

Commercial Vehicle Group reports 2007 executive compensation

By ExecPay News

Published: April 9, 2008

Commercial Vehicle Group reported fiscal year 2007 executive compensation information on April 9, 2008.
In 2007, eight executives at Commercial Vehicle Group received on average a compensation package of $746K, a 12% decrease compared to previous year.
Average pay of disclosed executives at Commercial Vehicle Group
Mervin Dunn, Chief Executive Officer, received $1.5M in total, which decreased by 7% compared to 2006. 48% of Dunn's compensation, or $710K, was in stock awards. Dunn also received $559 of change in pension value and nonqualified deferred compensation earnings, $624K in salary, as well as $132K in other compensation.
W. Gordon Boyd, President of Seating Systems, received a compensation package of $901K, which increased by 11% compared to previous year. 61% of the compensation package, or $547K, was in salary.
Truck W. Gordon Boyd, President, CVG Global, earned $804K in 2007, a 1% decrease compared to previous year.
Chad M. Utrup, Chief Financial Officer, received $734K in 2007, which increases by 6% compared to 2006.
Gerald L. Armstrong, President and General Manager of Cab Systems, earned $733K in 2007, a 6% increase compared to previous year.
Kevin R.L. Frailey, Executive Vice President and General Manager of Electrical Systems, received $515K in 2007.
James F. Williams, Vice President of Organizational Development, earned $490K in 2007, a 8% decrease compared to previous year.
Construction Kevin R.L. Frailey, Executive Vice President of Business Development, received $327K in 2007.

Related executives

James Williams

Commercial Vehicle Group

Vice President of Organizational Development

Truck Boyd

Commercial Vehicle Group

President, CVG Global

Construction Frailey

Commercial Vehicle Group

Executive Vice President of Business Development

Mervin Dunn

Commercial Vehicle Group

Chief Executive Officer

Chad Utrup

Commercial Vehicle Group

Chief Financial Officer

Gerald Armstrong

Commercial Vehicle Group

President, North & South American Markets

W Boyd

Commercial Vehicle Group

President, Indian & Australian Markets

Kevin Frailey

Commercial Vehicle Group

President and General Manager of Electrical Systems

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Source: SEC filing on April 9, 2008.