Olympic Steel President, CTI Donald McNeeley's 2012 pay jumps 80% to $1.2M
Olympic Steel reports 2012 executive compensation
By ExecPay News
Published: March 29, 2013
Olympic Steel reported fiscal year 2012 executive compensation information on March 29, 2013.
In 2012, five executives at Olympic Steel received on average a compensation package of $886K, a 29% decrease compared to previous year.
Average pay of disclosed executives at Olympic Steel
Donald R. McNeeley, President, CTI, received $1.2M in total, which increased by 80% compared to 2011. 46% of McNeeley's compensation, or $575K, was in salary. McNeeley also received $516K in non-equity incentive plan, $6.2K in stock awards, as well as $152K in other compensation.
Michael D. Siegal, Chief Executive Officer, received a compensation package of $1.1M, which decreased by 53% compared to previous year. 69% of the compensation package, or $750K, was in salary.
David A. Wolfort, Chief Operating Officer, earned $1M in 2012, a 52% decrease compared to previous year.
Richard T. Marabito, Chief Financial Officer, received $742K in 2012, which decreases by 50% compared to 2011.
Richard A. Manson, Vice President Treasurer, earned $350K in 2012, a 22% decrease compared to previous year.
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Source: SEC filing on March 29, 2013.