Flowserve CEO Lewis Kling receives $6.9M in 2006
Flowserve reports 2006 executive compensation
By ExecPay News
Published: April 3, 2009
Flowserve reported fiscal year 2006 executive compensation information on April 3, 2009.
In 2006, five Flowserve executives received on average a compensation package of $3.1M.
Average pay of disclosed executives at Flowserve
Lewis M. Kling, Chief Executive Officer, received $6.9M in total. 32% of Kling's compensation, or $2.2M, was in stock awards. Kling also received $313K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $2.2M in option awards, $884K in salary, as well as $101K in other compensation.
Mark A. Blinn, Chief Financial Officer, received a compensation package of $2.4M. 27% of the compensation package, or $633K, was in stock awards.
Thomas E. Ferguson, Senior VP and President of Flowserve Pump Division, earned $2.2M in 2006.
Ronald F. Shuff, General Counsel, received $2.1M in 2006.
Thomas L. Pajonas, Senior VP and President of Flow Control Division, earned $2.1M in 2006.
Related executives
Lewis Kling
Flowserve
Chief Executive Officer
Mark Blinn
Flowserve
Chief Executive Officer
Thomas Pajonas
Flowserve
Chief Operating Officer
Thomas Ferguson
Flowserve
Former Senior VP and President of Flow Solutions Group
Ronald Shuff
Flowserve
Former Senior VP Retired effective March 31, Retired effective March 1,
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Source: SEC filing on April 3, 2009.