Mitcham Industries CEO Billy Mitcham's 2008 pay jumps 26% to $1.1M
Mitcham Industries reports 2008 executive compensation
By ExecPay News
Published: May 28, 2008
Mitcham Industries reported fiscal year 2008 executive compensation information on May 28, 2008.
In 2008, four executives at Mitcham Industries received on average a compensation package of $669K, a 58% increase compared to previous year.
Average pay of disclosed executives at Mitcham Industries
Billy F. Mitcham, Jr, Chief Executive Officer, received $1.1M in total, which increased by 26% compared to 2007. 32% of Mitcham's compensation, or $353K, was in salary. Mitcham also received $92K in bonus, $225K in non-equity incentive plan, $233K in option awards, $120K in stock awards, as well as $77K in other compensation.
Robert P. Capps, Chief Financial Officer, received a compensation package of $531K, which increased by 18% compared to previous year. 35% of the compensation package, or $185K, was in salary.
Guy Malden, Vice President Marine Systems, earned $530K in 2008, a 60% increase compared to previous year.
Paul Guy Rogers, Vice President Business Development, received $517K in 2008, which increases by 53% compared to 2007.
Mitcham Industries' fiscal year ends on January 31.
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Source: SEC filing on May 28, 2008.