Tootsie Roll Industries CEO Melvin Gordon's 2011 pay slips 6% to $3.9M
Tootsie Roll Industries reports 2011 executive compensation
By ExecPay News
Published: March 23, 2012
Tootsie Roll Industries reported fiscal year 2011 executive compensation information on March 23, 2012.
In 2011, five executives at Tootsie Roll Industries received on average a compensation package of $2.5M, a 5% decrease compared to previous year.
Melvin J. Gordon, Chief Executive Officer, received $3.9M in total, which decreased by 6% compared to 2010.
Ellen R. Gordon, Chief Operating Officer, received a compensation package of $3.7M, which decreased by 6% compared to previous year. 39% of the compensation package, or $1.5M, was in other compensation.
John W. Newlin, Jr, Vice President Manufacturing, earned $1.8M in 2011, a 4% decrease compared to previous year.
Thomas E. Corr, Vice President Marketing and Sales, received $1.7M in 2011, which decreases by 5% compared to 2010.
G. Howard Ember, Jr, Vice President Finance, earned $1.3M in 2011, a 4% decrease compared to previous year.
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