Cree CEO Charles Swoboda receives $1M in 2007
Cree reports 2007 executive compensation
By ExecPay News
Published: September 18, 2007
Cree reported fiscal year 2007 executive compensation information on September 18, 2007.
In 2007, five Cree executives received on average a compensation package of $598K.
Average pay of disclosed executives at Cree
Charles M. Swoboda, Chief Executive Officer, received $1M in total. 53% of Swoboda's compensation, or $550K, was in salary. Swoboda also received $50K in bonus, $198K in option awards, $240K in stock awards, as well as $4K in other compensation.
John T. Kurtzweil, Chief Financial Officer, received a compensation package of $649K. 40% of the compensation package, or $259K, was in salary.
Robert C. Glass, Vice President, Technology, Materials and Optoelectronics, earned $451K in 2007.
John W. Palmour, Executive Vice President Advanced Devices, received $430K in 2007.
Michael E. McDevitt, Chief Financial Officer, earned $418K in 2007.
Cree's fiscal year ends on June 26.
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Source: SEC filing on September 18, 2007.