Nelnet CEO Michael Dunlap's 2010 pay jumps 98% to $1M
Nelnet reports 2010 executive compensation
By ExecPay News
Published: April 15, 2011
Nelnet reported fiscal year 2010 executive compensation information on April 15, 2011.
In 2010, five Nelnet executives received on average a compensation package of $671K, a 29% increase compared to previous year.
Average pay of disclosed executives at Nelnet
Michael S. Dunlap, Chief Executive Officer, received $1M in total, which increased by 98% compared to 2009. 49% of Dunlap's compensation, or $500K, was in bonus. Dunlap also received $500K in salary and $10K in other compensation.
Terry J. Heimes, Chief Financial Officer, received a compensation package of $746K, which increased by 9% compared to previous year. 51% of the compensation package, or $381K, was in bonus.
Jeffrey R. Noordhoek, President, earned $723K in 2010, a 9% increase compared to previous year.
Timothy A. Tewes, Chief Executive Officer, received $469K in 2010, which increases by 15% compared to 2009.
William J. Munn, General Counsel, earned $408K in 2010.
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Source: SEC filing on April 15, 2011.