Lindsay CEO Richard Parod's 2007 pay slips 1% to $1.1M
Lindsay reports 2007 executive compensation
By ExecPay News
Published: December 20, 2007
Lindsay reported fiscal year 2007 executive compensation information on December 20, 2007.
In 2007, five Lindsay executives received on average a compensation package of $535K, a 15% increase compared to previous year.
Average pay of disclosed executives at Lindsay
Richard W. Parod, Chief Executive Officer, received $1.1M in total, which decreased by 1% compared to 2006. 41% of Parod's compensation, or $452K, was in stock awards. Parod also received $227K in non-equity incentive plan, $411K in salary, as well as $18K in other compensation.
David B. Downing, President International Division, received a compensation package of $507K, which increased by 21% compared to previous year. 50% of the compensation package, or $254K, was in salary.
Owen S. Denman, Chief Executive Officer, earned $431K in 2007, a 268% increase compared to previous year.
Samir A. Haidar, Vice President International, received $325K in 2007, which increases by 53% compared to 2006.
Barry A. Ruffalo, President — North American Irrigation, earned $304K in 2007.
Lindsay's fiscal year ends on August 31.
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Source: SEC filing on December 20, 2007.