Olympic Steel CEO Michael Siegal's 2010 pay rises 2% to $971K
Olympic Steel reports 2010 executive compensation
By ExecPay News
Published: April 1, 2011
Olympic Steel reported fiscal year 2010 executive compensation information on April 1, 2011.
In 2010, five executives at Olympic Steel received on average a compensation package of $575K, a 1% increase compared to previous year.
Average pay of disclosed executives at Olympic Steel
Michael D. Siegal, Chief Executive Officer, received $971K in total, which increased by 2% compared to 2009. 68% of Siegal's compensation, or $657K, was in salary. Siegal also received $57K in non-equity incentive plan, $114K in stock awards, as well as $142K in other compensation.
David A. Wolfort, Chief Operating Officer, received a compensation package of $817K, which decreased by 4% compared to previous year. 67% of the compensation package, or $548K, was in salary.
Richard T. Marabito, Chief Financial Officer, earned $537K in 2010, which is about the same as previous year.
Esther Potash, Chief Information Officer, received $284K in 2010, which increases by 5% compared to 2009.
Richard A. Manson, Vice President Treasurer, earned $266K in 2010, a 10% increase compared to previous year.
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Source: SEC filing on April 1, 2011.