CARBO Ceramics CEO Gary Kolstad's 2008 pay jumps 43% to $1.3M
CARBO Ceramics reports 2008 executive compensation
By ExecPay News
Published: March 30, 2009
CARBO Ceramics reported fiscal year 2008 executive compensation information on March 30, 2009.
In 2008, five executives at CARBO Ceramics received on average a compensation package of $725K, a 20% increase compared to previous year.
Average pay of disclosed executives at CARBO Ceramics
Gary A. Kolstad, Chief Executive Officer, received $1.3M in total, which increased by 43% compared to 2007. 46% of Kolstad's compensation, or $597K, was in bonus. Kolstad also received $500K in salary, $180K in stock awards, as well as $17K in other compensation.
Paul G. Vitek, Chief Financial Officer, received a compensation package of $680K, which increased by 46% compared to previous year. 50% of the compensation package, or $339K, was in bonus.
David G. Gallagher, Vice President of Marketing and Sales, earned $618K in 2008, a 25% decrease compared to previous year.
Mark L. Edmunds, Vice President of Operations, received $611K in 2008, which increases by 38% compared to 2007.
R. Sean Elliott, General Counsel, earned $425K in 2008.
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Source: SEC filing on March 30, 2009.