Condor Hospitality Trust CEO Paul President's 2007 pay slips 8% to $301K
Condor Hospitality Trust reports 2007 executive compensation
By ExecPay News
Published: April 18, 2008
Condor Hospitality Trust reported fiscal year 2007 executive compensation information on April 18, 2008.
In 2007, two executives at Condor Hospitality Trust received on average a compensation package of $266K, a 9% decrease compared to previous year.
Paul J. Schulte, President, Chief Executive Officer, received $301K in total, which decreased by 8% compared to 2006. 83% of President's compensation, or $250K, was in salary. President also received $18K in bonus, $8.3K in option awards, as well as $25K in other compensation.
Donavon A. Heimes, Chief Financial Officer, received a compensation package of $231K, which increased by 3% compared to previous year. 86% of the compensation package, or $200K, was in salary.