Griffon CEO Harvey Blau receives $3.4M in 2007
Griffon reports 2007 executive compensation
By ExecPay News
Published: December 28, 2007
Griffon reported fiscal year 2007 executive compensation information on December 28, 2007.
In 2007, three Griffon executives received on average a compensation package of $1.9M.
Average pay of disclosed executives at Griffon
Harvey R. Blau, Chief Executive Officer, received $3.4M in total. 48% of Blau's compensation, or $1.6M, was in non-equity incentive plan. Blau also received $401K of change in pension value and nonqualified deferred compensation earnings, $950K in salary, $242K in stock awards, as well as $179K in other compensation.
Patrick L. Alesia, Chief Financial Officer, received a compensation package of $1.8M. 60% of the compensation package, or $1.1M, was of change in pension value and nonqualified deferred compensation earnings.
Eric P. Edelstein, Chief Financial Officer, earned $548K in 2007.
Griffon's fiscal year ends on September 30.
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Source: SEC filing on December 28, 2007.