STRATTEC Security CEO Harold Stratton's 2009 pay rises 13% to $481K
STRATTEC Security reports 2009 executive compensation
By ExecPay News
Published: August 28, 2009
STRATTEC Security reported fiscal year 2009 executive compensation information on August 28, 2009.
In 2009, seven executives at STRATTEC Security received on average a compensation package of $330K, a 22% increase compared to previous year.
Harold M. Stratton II, Chief Executive Officer, received $481K in total, which increased by 13% compared to 2008. 78% of Stratton's compensation, or $374K, was in salary. Stratton also received $25K of change in pension value and nonqualified deferred compensation earnings, $52K in option awards, $23K in stock awards, as well as $6.8K in other compensation.
Dennis A. Kazmierski, Vice President Marketing and Sales, received a compensation package of $377K, which increased by 65% compared to previous year. 52% of the compensation package, or $196K, was in salary.
Patrick J. Hansen, Chief Financial Officer, earned $321K in 2009, a 27% increase compared to previous year.
Patrick J. Hansen, See Note, Chief Financial Officer, received $321K in 2009.
Rolando J. Guillot, Vice President Mexican Operations, earned $291K in 2009, a 31% increase compared to previous year.
Rolando J. Guillot, See Note, Vice President Mexican Operations, received $291K in 2009.
Kathryn E. Scherbarth, Vice President Milwaukee Operations, earned $227K in 2009, a 16% increase compared to previous year.
STRATTEC Security's fiscal year ends on June 30.
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Harold Stratton
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