Kadant CEO William Rainville's 2007 pay jumps 107% to $4.1M
Kadant reports 2007 executive compensation
By ExecPay News
Published: April 11, 2008
Kadant reported fiscal year 2007 executive compensation information on April 11, 2008.
In 2007, five Kadant executives received on average a compensation package of $1.6M, a 75% increase compared to previous year.
Average pay of disclosed executives at Kadant
William A. Rainville, Chief Executive Officer, received $4.1M in total, which increased by 107% compared to 2006. 44% of Rainville's compensation, or $1.8M, was in stock awards. Rainville also received $117K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $610K in salary, as well as $28K in other compensation.
Edward J. Sindoni, Chief Operating Officer, received a compensation package of $1.1M, which increased by 85% compared to previous year. 39% of the compensation package, or $437K, was in stock awards.
Thomas M. O'Brien, Chief Financial Officer, earned $1.1M in 2007, a 81% increase compared to previous year.
Jonathan W. Painter, Chief Operating Officer, received $859K in 2007, which increases by 82% compared to 2006.
Eric T. Langevin, Senior Vice President, earned $835K in 2007.
Kadant's fiscal year ends on January 1.
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Source: SEC filing on April 11, 2008.