Lincoln Educational Services Chairman David Carney's 2008 pay jumps 73% to $1.2M
Lincoln Educational Services reports 2008 executive compensation
By ExecPay News
Published: March 27, 2009
Lincoln Educational Services reported fiscal year 2008 executive compensation information on March 27, 2009.
In 2008, four executives at Lincoln Educational Services received on average a compensation package of $921K, a 21% decrease compared to previous year.
Average pay of disclosed executives at Lincoln Educational Services
David F. Carney, Chairman, received $1.2M in total, which increased by 73% compared to 2007. 42% of Carney's compensation, or $508K, was in non-equity incentive plan. Carney also received $150K in bonus, $405K in salary, $144K in stock awards, as well as $8.1K in other compensation.
Scott M. Shaw, Chief Administrative Officer, received a compensation package of $829K, which decreased by 32% compared to previous year. 37% of the compensation package, or $310K, was in salary.
Shaun E. McAlmont, Chief Executive Officer, earned $826K in 2008, a 34% decrease compared to previous year.
Cesar Ribeiro, Chief Financial Officer, received $812K in 2008, which decreases by 36% compared to 2007.
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Source: SEC filing on March 27, 2009.