Stoneridge CEO John Corey's 2010 pay jumps 210% to $3.7M
Stoneridge reports 2010 executive compensation
By ExecPay News
Published: April 12, 2011
Stoneridge reported fiscal year 2010 executive compensation information on April 12, 2011.
In 2010, five Stoneridge executives received on average a compensation package of $1.6M, a 184% increase compared to previous year.
Average pay of disclosed executives at Stoneridge
John C. Corey, Chief Executive Officer, received $3.7M in total, which increased by 210% compared to 2009. 35% of Corey's compensation, or $1.3M, was in stock awards. Corey also received $1.1M in non-equity incentive plan, $655K in salary, as well as $708K in other compensation.
George E. Strickler, Chief Financial Officer, received a compensation package of $1.5M, which increased by 194% compared to previous year. 29% of the compensation package, or $433K, was in stock awards.
Mark J. Tervalon, Vice President & President of the Stoneridge Electronics Division, earned $1M in 2010, a 146% increase compared to previous year.
Thomas A. Beaver, Vice President & President of Global Sales, received $926K in 2010, which increases by 143% compared to 2009.
Michael D. Sloan, Vice President & President of the Stoneridge Control Devices Division, earned $694K in 2010, a 161% increase compared to previous year.
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Source: SEC filing on April 12, 2011.