Commercial Vehicle Group CEO Mervin Dunn's 2010 pay jumps 120% to $2.8M
Commercial Vehicle Group reports 2010 executive compensation
By ExecPay News
Published: April 1, 2011
Commercial Vehicle Group reported fiscal year 2010 executive compensation information on April 1, 2011.
In 2010, five executives at Commercial Vehicle Group received on average a compensation package of $1.4M, a 97% increase compared to previous year.
Average pay of disclosed executives at Commercial Vehicle Group
Mervin Dunn, Chief Executive Officer, received $2.8M in total, which increased by 120% compared to 2009. 38% of Dunn's compensation, or $1.1M, was in stock awards. Dunn also received $377K in bonus, $3.8K of change in pension value and nonqualified deferred compensation earnings, $608K in non-equity incentive plan, $649K in salary, as well as $89K in other compensation.
Chad M. Utrup, Chief Financial Officer, received a compensation package of $1.3M, which increased by 104% compared to previous year. 43% of the compensation package, or $550K, was in stock awards.
Gerald L. Armstrong, President, North & South American Markets, earned $1.1M in 2010, a 89% increase compared to previous year.
W. Gordon Boyd, President, Indian & Australian Markets, received $1M in 2010, which increases by 56% compared to 2009.
Kevin R.L. Frailey, President and General Manager of Electrical Systems, earned $977K in 2010, a 94% increase compared to previous year.
Related executives
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 1, 2011.