Kaman CEO Neal Keating's 2010 pay jumps 44% to $3.9M

Kaman reports 2010 executive compensation

By ExecPay News

Published: February 28, 2011

Kaman reported fiscal year 2010 executive compensation information on February 28, 2011.
In 2010, five Kaman executives received on average a compensation package of $1.8M, a 28% increase compared to previous year.
Average pay of disclosed executives at Kaman
Neal J. Keating, Chief Executive Officer, received $3.9M in total, which increased by 44% compared to 2009. 73% of Keating's compensation, or $2.8M, was in non-equity incentive plan. Keating also received $252K of change in pension value and nonqualified deferred compensation earnings, $725K in salary, as well as $66K in other compensation.
Candace A. Clark, Chief Legal Officer, received a compensation package of $1.7M, which increased by 1% compared to previous year. 47% of the compensation package, or $812K, was in non-equity incentive plan.
William C. Denninger, Chief Financial Officer, earned $1.5M in 2010, a 87% increase compared to previous year.
Gregory L. Steiner, Executive Vice President, Kaman Corporation and President, Kaman Aerospace Group, received $1M in 2010, which increases by 14% compared to 2009.
Steven J. Smidler, Executive Vice President, Kaman Corporation and President, Kaman Industrial Technologies, earned $882K in 2010.

Related executives

Neal Keating

Kaman

Chief Executive Officer

William Denninger

Kaman

Chief Financial Officer

Gregory Steiner

Kaman

Former Executive Vice President and President, Kaman Aerospace Group

Steven Smidler

Kaman

Former Executive Vice President and President, Kaman Industrial Technologies Corporation

Candace Clark

Kaman

Chief Legal Officer

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Source: SEC filing on February 28, 2011.