SCHOOL SPECIALTY CEO David Zanden's 2009 pay falls 40% to $1.4M
SCHOOL SPECIALTY reports 2009 executive compensation
By ExecPay News
Published: July 14, 2009
SCHOOL SPECIALTY reported fiscal year 2009 executive compensation information on July 14, 2009.
In 2009, six executives at SCHOOL SPECIALTY received on average a compensation package of $801K, a 16% decrease compared to previous year.
Average pay of disclosed executives at SCHOOL SPECIALTY
David J. Vander Zanden, Chief Executive Officer, received $1.4M in total, which decreased by 40% compared to 2008. 53% of Zanden's compensation, or $754K, was in stock awards. Zanden also received $675K in salary and $6.9K in other compensation.
Thomas M. Slagle, Chief Operating Officer, received a compensation package of $951K, which decreased by 49% compared to previous year. 57% of the compensation package, or $544K, was in salary.
David Vander Ploeg, Chief Financial Officer, earned $820K in 2009.
Educational Publishing Gregory D. Cessna, Executive Vice President, Education Essentials, received $556K in 2009, which decreases by 16% compared to 2008.
Steven F. Korte, Executive Vice President, Educational Publishing, earned $522K in 2009, a 22% decrease compared to previous year.
Gregory Cessna, Executive Vice President, Educational Resources, received $518K in 2009, which decreases by 9% compared to 2008.
SCHOOL SPECIALTY's fiscal year ends on December 29.
Related executives
Educational Cessna
SCHOOL SPECIALTY
Executive Vice President, Education Essentials
David Zanden
SCHOOL SPECIALTY
Chief Executive Officer
David Ploeg
SCHOOL SPECIALTY
Chief Financial 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.