Commercial Vehicle Group CEO Mervin Dunn's 2008 pay falls 21% to $1.2M
Commercial Vehicle Group reports 2008 executive compensation
By ExecPay News
Published: April 3, 2009
Commercial Vehicle Group reported fiscal year 2008 executive compensation information on April 3, 2009.
In 2008, six executives at Commercial Vehicle Group received on average a compensation package of $655K, a 12% decrease compared to previous year.
Average pay of disclosed executives at Commercial Vehicle Group
Mervin Dunn, Chief Executive Officer, received $1.2M in total, which decreased by 21% compared to 2007. 56% of Dunn's compensation, or $649K, was in salary. Dunn also received $243K in non-equity incentive plan, $145K in stock awards, as well as $126K in other compensation.
W. Gordon Boyd, President of Seating Systems, received a compensation package of $702K, which decreased by 22% compared to previous year. 75% of the compensation package, or $529K, was in salary.
James F. Williams, Vice President of Organizational Development, earned $566K in 2008, a 16% increase compared to previous year.
Gerald L. Armstrong, President and General Manager of Cab Systems, received $563K in 2008, which decreases by 23% compared to 2007.
Chad M. Utrup, Chief Financial Officer, earned $546K in 2008, a 26% decrease compared to previous year.
Kevin R.L. Frailey, President and General Manager of Electrical Systems, received $386K in 2008, which decreases by 25% compared to 2007.
Related executives
James Williams
Commercial Vehicle Group
Vice President of Organizational 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 3, 2009.