hhgregg COO Dennis May's 2008 pay jumps 30% to $867K
hhgregg reports 2008 executive compensation
By ExecPay News
Published: June 25, 2008
hhgregg reported fiscal year 2008 executive compensation information on June 25, 2008.
In 2008, five hhgregg executives received on average a compensation package of $668K, a 28% increase compared to previous year.
Dennis L. May, Chief Operating Officer, received $867K in total, which increased by 30% compared to 2007. 46% of May's compensation, or $398K, was in non-equity incentive plan. May also received $150K in option awards, $300K in salary, as well as $18K in other compensation.
Donald J.B. Van der Wiel, Chief Financial Officer, received a compensation package of $718K, which increased by 15% compared to previous year. 48% of the compensation package, or $346K, was in non-equity incentive plan.
Michael D. Stout, Chief Administrative Officer, earned $678K in 2008, a 18% increase compared to previous year.
Jerry W. Throgmartin, Chief Executive Officer, received $543K in 2008, which increases by 27% compared to 2007.
Stephen R. Nelson, Chief Information Officer, earned $534K in 2008, a 72% increase compared to previous year.
hhgregg's fiscal year ends on March 31.