Key Tronic CEO Craig Gates' 2012 pay jumps 37% to $1.3M
Key Tronic reports 2012 executive compensation
By ExecPay News
Published: September 17, 2012
Key Tronic reported fiscal year 2012 executive compensation information on September 17, 2012.
In 2012, three Key Tronic executives received on average a compensation package of $883K, a 39% increase compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $1.3M in total, which increased by 37% compared to 2011. 55% of Gates' compensation, or $703K, was in non-equity incentive plan. Gates also received $445K in salary, $110K in stock awards, as well as $27K in other compensation.
Ronald F. Klawitter, Chief Financial Officer, received a compensation package of $787K, which increased by 31% compared to previous year. 51% of the compensation package, or $405K, was in non-equity incentive plan.
Douglas G. Burkhardt, Executive Vice President of Worldwide Operations, earned $578K in 2012, a 57% increase compared to previous year.
Key Tronic's fiscal year ends on June 29.
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Source: SEC filing on September 17, 2012.