Nathan's Famous COO Wayne Norbitz's 2007 pay rises 12% to $538K
Nathan's Famous reports 2007 executive compensation
By ExecPay News
Published: July 23, 2007
Nathan's Famous reported fiscal year 2007 executive compensation information on July 23, 2007.
In 2007, five executives at Nathan's Famous received on average a compensation package of $407K, a 15% increase compared to previous year.
Wayne Norbitz, Chief Operating Officer, received $538K in total, which increased by 12% compared to 2006. 54% of Norbitz's compensation, or $289K, was in salary. Norbitz also received $150K in bonus, $53K in option awards, as well as $46K in other compensation.
Howard M. Lorber, Chairman, received a compensation package of $482K, which is about the same as previous year. 60% of the compensation package, or $288K, was in salary.
Eric Gatoff, Chief Executive Officer, earned $376K in 2007, a 44% increase compared to previous year.
Donald L. Perlyn, Executive Vice President, received $353K in 2007, which increases by 12% compared to 2006.
Ronald G. DeVos, Chief Financial Officer, earned $285K in 2007, a 27% increase compared to previous year.
Nathan's Famous' fiscal year ends on March 26.