Key Tronic CEO Craig Gates' 2011 pay falls 27% to $940K
Key Tronic reports 2011 executive compensation
By ExecPay News
Published: September 19, 2011
Key Tronic reported fiscal year 2011 executive compensation information on September 19, 2011.
In 2011, three Key Tronic executives received on average a compensation package of $636K, a 28% decrease compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $940K in total, which decreased by 27% compared to 2010. 46% of Gates' compensation, or $437K, was in salary. Gates also received $410K in non-equity incentive plan and $93K in other compensation.
Ronald F. Klawitter, Chief Financial Officer, received a compensation package of $599K, which decreased by 29% compared to previous year. 50% of the compensation package, or $301K, was in salary.
Douglas G. Burkhardt, Executive Vice President of Worldwide Operations, earned $368K in 2011, a 27% decrease compared to previous year.
Key Tronic's fiscal year ends on June 29.
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Source: SEC filing on September 19, 2011.