SCHOOL SPECIALTY CEO David Zanden's 2008 pay jumps 209% to $2.4M
SCHOOL SPECIALTY reports 2008 executive compensation
By ExecPay News
Published: July 14, 2009
SCHOOL SPECIALTY reported fiscal year 2008 executive compensation information on July 14, 2009.
In 2008, seven executives at SCHOOL SPECIALTY received on average a compensation package of $949K, a 123% increase compared to previous year.
Average pay of disclosed executives at SCHOOL SPECIALTY
David J. Vander Zanden, Chief Executive Officer, received $2.4M in total, which increased by 209% compared to 2007. 40% of Zanden's compensation, or $967K, was in stock awards. Zanden also received $758K in non-equity incentive plan, $664K in salary, as well as $6.1K in other compensation.
Thomas M. Slagle, Chief Operating Officer, received a compensation package of $1.9M, which increased by 1649% compared to previous year. 29% of the compensation package, or $548K, was in stock awards.
Steven F. Korte, Executive Vice President, Educational Publishing, earned $673K in 2008, a 27% increase compared to previous year.
Educational Publishing Gregory D. Cessna, Executive Vice President, Education Essentials, received $663K in 2008, which increases by 10% compared to 2007.
Gregory Cessna, Executive Vice President, Educational Resources, earned $567K in 2008, a 6% decrease compared to previous year.
Kevin L. Baehler, Chief Financial Officer, received $413K in 2008.
David G. Gomach, Chief Financial Officer, earned $64K in 2008, a 82% decrease compared to previous year.
SCHOOL SPECIALTY's fiscal year ends on December 29.
Related executives
Educational Cessna
SCHOOL SPECIALTY
Executive Vice President, Education Essentials
Kevin Baehler
SCHOOL SPECIALTY
Chief Financial Officer
David Gomach
SCHOOL SPECIALTY
Chief Financial Officer
David Zanden
SCHOOL SPECIALTY
Chief Executive Officer
Steven Korte
SCHOOL SPECIALTY
Executive Vice President, Educational Publishing
Thomas Slagle
SCHOOL SPECIALTY
Chief Operating Officer
Gregory Cessna
SCHOOL SPECIALTY
Executive Vice President, Educational Resources
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Source: SEC filing on July 14, 2009.