STRATTEC Security CEO Harold Stratton's 2010 pay jumps 218% to $1.5M
STRATTEC Security reports 2010 executive compensation
By ExecPay News
Published: September 1, 2010
STRATTEC Security reported fiscal year 2010 executive compensation information on September 1, 2010.
In 2010, seven executives at STRATTEC Security received on average a compensation package of $662K, a 101% increase compared to previous year.
Average pay of disclosed executives at STRATTEC Security
Harold M. Stratton II, Chief Executive Officer, received $1.5M in total, which increased by 218% compared to 2009. 50% of Stratton's compensation, or $765K, was of change in pension value and nonqualified deferred compensation earnings. Stratton also received $375K in non-equity incentive plan, $357K in salary, $15K in stock awards, as well as $15K in other compensation.
Patrick J. Hansen, Chief Financial Officer, received a compensation package of $625K, which increased by 94% compared to previous year. 35% of the compensation package, or $218K, was in salary.
Patrick J. Hansen, See Note, Chief Financial Officer, earned $625K in 2010, a 94% increase compared to previous year.
Rolando J. Guillot, Vice President Mexican Operations, received $526K in 2010, which increases by 81% compared to 2009.
Rolando J. Guillot, See Note, Vice President Mexican Operations, earned $526K in 2010, a 81% increase compared to previous year.
Frank J. Krejci, Chief Operating Officer, received $438K in 2010.
Dennis A. Kazmierski, Vice President Marketing and Sales, earned $369K in 2010, a 2% decrease compared to previous year.
STRATTEC Security's fiscal year ends on June 30.
Related executives
Patrick Hansen
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Chief Financial Officer
Rolando Guillot
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Chief Executive Officer
Harold Stratton
STRATTEC Security
Chief Executive Officer
Frank Krejci
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Chief Executive Officer
Patrick Note
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Chief Financial Officer
Dennis Kazmierski
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Vice President Marketing and Sales
Rolando Note
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Source: SEC filing on September 1, 2010.