Stoneridge CEO John Corey's 2011 pay falls 23% to $2.9M
Stoneridge reports 2011 executive compensation
By ExecPay News
Published: April 11, 2012
Stoneridge reported fiscal year 2011 executive compensation information on April 11, 2012.
In 2011, six Stoneridge executives received on average a compensation package of $1M, a 35% decrease compared to previous year.
Average pay of disclosed executives at Stoneridge
John C. Corey, Chief Executive Officer, received $2.9M in total, which decreased by 23% compared to 2010. 73% of Corey's compensation, or $2.1M, was in stock awards. Corey also received $700K in salary and $75K in other compensation.
George E. Strickler, Chief Financial Officer, received a compensation package of $1.2M, which decreased by 23% compared to previous year. 67% of the compensation package, or $775K, was in stock awards.
Thomas A. Beaver, Vice President & President of Global Sales, earned $734K in 2011, a 21% decrease compared to previous year.
Mark J. Tervalon, Vice President & President of the Stoneridge Electronics Division, received $725K in 2011, which decreases by 28% compared to 2010.
Michael D. Sloan, Vice President & President of the Control Devices Division, earned $522K in 2011, a 25% decrease compared to previous year.
Richard P. Adante, Vice President of Operations, received $143K in 2011.
Related executives
John Corey
Stoneridge
Chief Executive Officer
George Strickler
Stoneridge
Executive Vice President
Thomas Beaver
Stoneridge
Vice President President of Global Sales
Michael Sloan
Stoneridge
Vice President
Richard Adante
Stoneridge
Vice President of Operations
Mark Tervalon
Stoneridge
Vice President & President of the Stoneridge Electronics Division
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Source: SEC filing on April 11, 2012.