FranklinCovey CEO Robert Whitman's 2011 pay jumps 29% to $2.9M
FranklinCovey reports 2011 executive compensation
By ExecPay News
Published: December 22, 2011
FranklinCovey reported fiscal year 2011 executive compensation information on December 22, 2011.
In 2011, five executives at FranklinCovey received on average a compensation package of $1.6M, a 18% increase compared to previous year.
Average pay of disclosed executives at FranklinCovey
Robert A. Whitman, Chief Executive Officer, received $2.9M in total, which increased by 29% compared to 2010. 34% of Whitman's compensation, or $1M, was in non-equity incentive plan. Whitman also received $756K in option awards, $500K in salary, $600K in stock awards, as well as $46K in other compensation.
Shawn D. Moon, EVP Domestic & Global Sales and Delivery, received a compensation package of $1.9M, which increased by 96% compared to previous year. 46% of the compensation package, or $898K, was in bonus.
M. Sean Covey, EVP Global Solutions and Partnerships, earned $1.3M in 2011, a 1% increase compared to previous year.
Stephen D. Young, Chief Financial Officer, received $1M in 2011, which increases by 33% compared to 2010.
C. Todd Davis, EVP, Chief People Officer, CPO, earned $679K in 2011.
FranklinCovey's fiscal year ends on August 31.
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Source: SEC filing on December 22, 2011.