Veeco Instruments CEO John Peeler's 2009 pay jumps 24% to $3.7M
Veeco Instruments reports 2009 executive compensation
By ExecPay News
Published: April 8, 2010
Veeco Instruments reported fiscal year 2009 executive compensation information on April 8, 2010.
In 2009, five executives at Veeco Instruments received on average a compensation package of $1.6M, a 14% increase compared to previous year.
Average pay of disclosed executives at Veeco Instruments
John R. Peeler, Chief Executive Officer, received $3.7M in total, which increased by 24% compared to 2008. 43% of Peeler's compensation, or $1.6M, was in option awards. Peeler also received $1M in non-equity incentive plan, $580K in salary, $441K in stock awards, as well as $68K in other compensation.
Robert P. Oates, EVP, Data Storage, received a compensation package of $1.3M, which increased by 4% compared to previous year. 47% of the compensation package, or $613K, was in non-equity incentive plan.
John F. Rein, Jr, Chief Financial Officer, earned $1.2M in 2009, a 10% decrease compared to previous year.
Peter Collingwood, SVP, Worldwide Sales and Service, received $1.1M in 2009, which increases by 224% compared to 2008.
Mark R. Munch, EVP, Metrology & Instrumentation, earned $880K in 2009, a 30% decrease compared to previous year.
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Source: SEC filing on April 8, 2010.