Geospace Technologies CEO Gary Owens' 2009 pay jumps 40% to $598K
Geospace Technologies reports 2009 executive compensation
By ExecPay News
Published: February 23, 2012
Geospace Technologies reported fiscal year 2009 executive compensation information on February 23, 2012.
In 2009, four executives at Geospace Technologies received on average a compensation package of $423K, a 29% increase compared to previous year.
Average pay of disclosed executives at Geospace Technologies
Gary D. Owens, Chief Executive Officer, received $598K in total, which increased by 40% compared to 2008. 53% of Owens' compensation, or $315K, was in option awards. Owens also received $275K in salary and $7.4K in other compensation.
Michael J. Sheen, Senior Vice President and Chief Technical Officer, received a compensation package of $525K, which increased by 31% compared to previous year. 51% of the compensation package, or $270K, was in option awards.
Thomas T. McEntire, Chief Financial Officer, earned $452K in 2009, a 21% increase compared to previous year.
Lacey C. Rice, Vice President, Human Resources, received $117K in 2009, which is about the same as previous year.
Geospace Technologies' fiscal year ends on September 30.
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Source: SEC filing on February 23, 2012.