INTEVAC CEO Kevin Fairbairn's 2008 pay falls 43% to $919K

INTEVAC reports 2008 executive compensation

By ExecPay News

Published: April 2, 2009

INTEVAC reported fiscal year 2008 executive compensation information on April 2, 2009.
In 2008, seven INTEVAC executives received on average a compensation package of $501K, a 28% decrease compared to previous year.
Average pay of disclosed executives at INTEVAC
Kevin Fairbairn, Chief Executive Officer, received $919K in total, which decreased by 43% compared to 2007. 51% of Fairbairn's compensation, or $465K, was in salary. Fairbairn also received $452K in option awards and $2K in other compensation.
Michael Barnes, Executive Vice President and Chief Technical Officer, received a compensation package of $592K, which decreased by 25% compared to previous year. 53% of the compensation package, or $314K, was in option awards.
Jeffrey Andreson, Chief Financial Officer, earned $411K in 2008, a 3% decrease compared to previous year.
Michael Russak, Executive Vice President and General Manager, Hard Disk Equipment Products, received $407K in 2008.
Joseph Pietras, Executive Vice President and General Manager, Intevac Photonics, earned $406K in 2008, a 35% decrease compared to previous year.
Luke Marusiak, Chief Operating Officer, received $398K in 2008, which decreases by 30% compared to 2007.
Ralph Kerns, Vice President Business Development, earned $377K in 2008, a 23% decrease compared to previous year.

Related executives

Michael Barnes

INTEVAC

Executive Vice President and Chief Technical Officer

Ralph Kerns

INTEVAC

Vice President Business Development

Kevin Fairbairn

INTEVAC

Chief Executive Officer

Jeffrey Andreson

INTEVAC

Chief Financial Officer

Luke Marusiak

INTEVAC

Chief Operating Officer

Joseph Pietras

INTEVAC

Executive Vice President and General Manager, Intevac Photonics

Michael Russak

INTEVAC

Executive Vice President and General Manager, Hard Disk Equipment Products

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Source: SEC filing on April 2, 2009.