Nelnet CEO Michael Dunlap's 2011 pay stays at $1M
Nelnet reports 2011 executive compensation
By ExecPay News
Published: April 13, 2012
Nelnet reported fiscal year 2011 executive compensation information on April 13, 2012.
In 2011, five Nelnet executives received on average a compensation package of $781K, a 16% increase compared to previous year.
Average pay of disclosed executives at Nelnet
Michael S. Dunlap, Chief Executive Officer, received $1M in total, which is the same as previous year. 49% of Dunlap's compensation, or $500K, was in bonus. Dunlap also received $500K in salary and $10K in other compensation.
Jeffrey R. Noordhoek, Chief Executive Officer, received a compensation package of $984K, which increased by 36% compared to previous year. 53% of the compensation package, or $518K, was in bonus.
Terry J. Heimes, Chief Financial Officer, earned $967K in 2011, a 30% increase compared to previous year.
Timothy A. Tewes, Chief Executive Officer, received $479K in 2011, which increases by 2% compared to 2010.
William J. Munn, General Counsel, earned $463K in 2011, a 13% increase compared to previous year.
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Source: SEC filing on April 13, 2012.