INTEVAC CEO Kevin Fairbairn's 2007 pay falls 25% to $1.6M
INTEVAC reports 2007 executive compensation
By ExecPay News
Published: April 2, 2008
INTEVAC reported fiscal year 2007 executive compensation information on April 2, 2008.
In 2007, seven INTEVAC executives received on average a compensation package of $692K, a 24% decrease compared to previous year.
Average pay of disclosed executives at INTEVAC
Kevin Fairbairn, Chief Executive Officer, received $1.6M in total, which decreased by 25% compared to 2006. 42% of Fairbairn's compensation, or $677K, was in non-equity incentive plan. Fairbairn also received $492K in option awards, $440K in salary, as well as $6.3K in other compensation.
Michael Barnes, Executive Vice President and Chief Technical Officer, received a compensation package of $790K, which decreased by 30% compared to previous year. 48% of the compensation package, or $378K, was in option awards.
Joseph Pietras, Executive Vice President General Manager, Intevac Photonics, earned $624K in 2007, a 110% increase compared to previous year.
Luke Marusiak, Chief Operating Officer, received $570K in 2007, which decreases by 11% compared to 2006.
Ralph Kerns, Vice President Business Development, earned $490K in 2007, a 21% decrease compared to previous year.
Jeffrey Andreson, Chief Financial Officer, received $424K in 2007.
Charles B. Eddy III, Chief Financial Officer, earned $328K in 2007, a 49% decrease compared to previous year.
Related executives
Kevin Fairbairn
INTEVAC
Chief Executive Officer
Jeffrey Andreson
INTEVAC
Chief Financial Officer
Michael Barnes
INTEVAC
Executive Vice President and Chief Technical Officer
Luke Marusiak
INTEVAC
Chief Operating Officer
Joseph Pietras
INTEVAC
Executive Vice President and General Manager, Intevac Photonics
Ralph Kerns
INTEVAC
Vice President Business Development
Charles Eddy
INTEVAC
Chief Financial Officer
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Source: SEC filing on April 2, 2008.