Commercial Vehicle Group CEO Mervin Dunn's 2012 pay falls 36% to $1.8M
Commercial Vehicle Group reports 2012 executive compensation
By ExecPay News
Published: April 10, 2013
Commercial Vehicle Group reported fiscal year 2012 executive compensation information on April 10, 2013.
In 2012, five executives at Commercial Vehicle Group received on average a compensation package of $985K, a 34% decrease compared to previous year.
Average pay of disclosed executives at Commercial Vehicle Group
Mervin Dunn, Chief Executive Officer, received $1.8M in total, which decreased by 36% compared to 2011. 40% of Dunn's compensation, or $708K, was in salary. Dunn also received $7.5K of change in pension value and nonqualified deferred compensation earnings, $459K in non-equity incentive plan, $383K in stock awards, as well as $201K in other compensation.
Chad M. Utrup, Chief Financial Officer, received a compensation package of $840K, which decreased by 35% compared to previous year. 44% of the compensation package, or $372K, was in salary.
W. Gordon Boyd, President, Indian & Australian Markets, earned $817K in 2012, a 32% decrease compared to previous year.
Gerald L. Armstrong, President, North & South American Markets, received $799K in 2012, which decreases by 34% compared to 2011.
Kevin R.L. Frailey, President and General Manager of Electrical Systems, earned $710K in 2012, a 30% decrease 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 10, 2013.