Communications Systems CEO Jeffrey Berg's 2011 pay falls 43% to $615K

Communications Systems reports 2011 executive compensation

By ExecPay News

Published: April 9, 2012

Communications Systems reported fiscal year 2011 executive compensation information on April 9, 2012.
In 2011, six executives at Communications Systems received on average a compensation package of $437K, a 5% decrease compared to previous year.
Average pay of disclosed executives at Communications Systems
Jeffrey K. Berg, Chief Executive Officer, received $615K in total, which decreased by 43% compared to 2010. 40% of Berg's compensation, or $245K, was in salary. Berg also received $244K in non-equity incentive plan, $97K in option awards, $4.7K in stock awards, as well as $24K in other compensation.
William G. Schultz, Chief Executive Officer, received a compensation package of $598K, which increased by 37% compared to previous year. 46% of the compensation package, or $275K, was in non-equity incentive plan.
David T. McGraw, Chief Financial Officer, earned $546K in 2011, a 1% increase compared to previous year.
Bruce Blackwood, Vice President and General Manager, Suttle, received $317K in 2011, which increases by 4% compared to 2010.
Seweryn Sadura, Vice President and General Manager, Transition Networks, earned $302K in 2011, a 66% increase compared to previous year.
Karen Nesburg Bleick, Vice President, Human Resources, received $243K in 2011, which increases by 2% compared to 2010.

Related executives

William Schultz

Communications Systems

Chief Executive Officer

Jeffrey Berg

Communications Systems

Chief Executive Officer

David McGraw

Communications Systems

Chief Financial Officer

Bruce Blackwood

Communications Systems

President and General Manager,

Seweryn Sadura

Communications Systems

Vice President and General Manager, Transition Networks

Karen Bleick

Communications Systems

Vice President, Human Resources

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Source: SEC filing on April 9, 2012.