Commercial Vehicle Group CEO Mervin Dunn's 2011 pay slips 1% to $2.7M
Commercial Vehicle Group reports 2011 executive compensation
By ExecPay News
Published: March 30, 2012
Commercial Vehicle Group reported fiscal year 2011 executive compensation information on March 30, 2012.
In 2011, five executives at Commercial Vehicle Group received on average a compensation package of $1.5M, a 4% increase compared to previous year.
Average pay of disclosed executives at Commercial Vehicle Group
Mervin Dunn, Chief Executive Officer, received $2.7M in total, which decreased by 1% compared to 2010. 42% of Dunn's compensation, or $1.1M, was in non-equity incentive plan. Dunn also received $675K in salary, $766K in stock awards, as well as $164K in other compensation.
Chad M. Utrup, Chief Financial Officer, received a compensation package of $1.3M, which increased by 2% compared to previous year. 38% of the compensation package, or $492K, was in non-equity incentive plan.
Gerald L. Armstrong, President, North & South American Markets, earned $1.2M in 2011, a 9% increase compared to previous year.
W. Gordon Boyd, President, Indian & Australian Markets, received $1.2M in 2011, which increases by 14% compared to 2010.
Kevin R.L. Frailey, President and General Manager of Electrical Systems, earned $1M in 2011, a 3% 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 March 30, 2012.