KVH Industries CEO Martin van Heyningen's 2008 pay jumps 76% to $1M
KVH Industries reports 2008 executive compensation
By ExecPay News
Published: April 22, 2009
KVH Industries reported fiscal year 2008 executive compensation information on April 22, 2009.
In 2008, five executives at KVH Industries received on average a compensation package of $563K, a 49% increase compared to previous year.
Average pay of disclosed executives at KVH Industries
Martin A. Kits van Heyningen, Chief Executive Officer, received $1M in total, which increased by 76% compared to 2007. 42% of van Heyningen's compensation, or $442K, was in stock awards. van Heyningen also received $250 in bonus, $204K in non-equity incentive plan, $375K in salary, as well as $24K in other compensation.
Patrick J. Spratt, Chief Financial Officer, received a compensation package of $565K, which increased by 52% compared to previous year. 44% of the compensation package, or $249K, was in salary.
Robert J. Balog, Senior Vice President, Engineering, earned $405K in 2008, a 45% increase compared to previous year.
James S. Dodez, Vice President, Marketing and Strategic Planning, received $402K in 2008.
Robert W.B. Kits van Heyningen, Vice President, Research and Development and Director, earned $400K in 2008, a 46% increase compared to previous year.
Related executives
Martin van Heyningen
KVH Industries
Chief Executive Officer
Patrick Spratt
KVH Industries
Chief Financial Officer
Robert Balog
KVH Industries
Senior Vice President, Engineering
James Dodez
KVH Industries
Senior Vice President, Marketing and Strategic Planning
Robert van Heyningen
KVH Industries
Vice President, Research and Development and Director
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Source: SEC filing on April 22, 2009.