Charles & Colvard CEO Robert Thomas' 2007 pay stays at $363K

Charles & Colvard reports 2007 executive compensation

By ExecPay News

Published: April 24, 2008

Charles & Colvard reported fiscal year 2007 executive compensation information on April 24, 2008.
In 2007, five executives at Charles & Colvard received on average a compensation package of $269K, a 4% decrease compared to previous year.
Average pay of disclosed executives at Charles & Colvard
Robert S. Thomas, Chief Executive Officer, received $363K in total, which is about the same as previous year. 83% of Thomas' compensation, or $300K, was in salary. Thomas also received $56K in option awards and $6.7K in other compensation.
Dennis M. Reed, Chief Marketing Officer, received a compensation package of $312K, which increased by 11% compared to previous year. 80% of the compensation package, or $250K, was in salary.
James R. Braun, Chief Financial Officer, earned $282K in 2007, a 6% increase compared to previous year.
Carl A. Mielke, Former Senior Vice President of Sales, received $250K in 2007.
Steven L. Abate, Former Vice President of Operations, earned $139K in 2007, a 9% increase compared to previous year.
Charles & Colvard's fiscal year ends on June 30.

Related executives

Robert Thomas

Charles & Colvard

Chief Executive Officer

James Braun

Charles & Colvard

Chief Financial Officer

Dennis Reed

Charles & Colvard

Chief Marketing Officer

Carl Mielke

Charles & Colvard

Former Senior Vice President of Sales

Steven Abate

Charles & Colvard

Former Vice President of Operations

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Source: SEC filing on April 24, 2008.