Scholastic CEO Richard Robinson's 2009 pay slips 14% to $4.3M
Scholastic reports 2009 executive compensation
By ExecPay News
Published: August 10, 2009
Scholastic reported fiscal year 2009 executive compensation information on August 10, 2009.
In 2009, nine Scholastic executives received on average a compensation package of $1.4M, a 29% decrease compared to previous year.
Average pay of disclosed executives at Scholastic
Richard Robinson, Chief Executive Officer, received $4.3M in total, which decreased by 14% compared to 2008. 66% of Robinson's compensation, or $2.8M, was in option awards. Robinson also received $55K of change in pension value and nonqualified deferred compensation earnings, $154K in non-equity incentive plan, $870K in salary, as well as $364K in other compensation.
Maureen O'Connell, Chief Financial Officer, received a compensation package of $2.1M, which decreased by 19% compared to previous year. 54% of the compensation package, or $1.2M, was in option awards.
Book Clubs Margery Mayer, Executive Vice President and President, Scholastic Education, earned $1.1M in 2009, a 2% decrease compared to previous year.
Devereux Chatillon, General Counsel, received $1.1M in 2009.
Margery Mayer, Executive Vice President and President, Scholastic Education, earned $1M in 2009, a 39% decrease compared to previous year.
Judith Newman, Executive Vice President and President, Scholastic Book Clubs and E, Commerce, received $985K in 2009, which decreases by 61% compared to 2008.
Andrew S. Hedden, General Counsel, earned $754K in 2009.
Book Clubs Andrew S. Hedden, General Counsel, received $754K in 2009.
Cynthia Augustine, Senior Vice President Human Resources, earned $607K in 2009.
Scholastic's fiscal year ends on May 31.
Related executives
Richard Robinson
Scholastic
Chief Executive Officer
Maureen O'Connell
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Chief Financial Officer
Margery Mayer
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Executive Vice President and President, Scholastic
Judith Newman
Scholastic
Executive Vice President and President, Scholastic Book Clubs
Andrew Hedden
Scholastic
General Counsel
Book Mayer
Scholastic
Executive Vice President and President, Scholastic Education
Cynthia Augustine
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Senior Vice President Human Resources
Devereux Chatillon
Scholastic
General Counsel
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Source: SEC filing on August 10, 2009.