Powell Industries CEO Thomas Powell receives $821K in 2007
Powell Industries reports 2007 executive compensation
By ExecPay News
Published: January 14, 2008
Powell Industries reported fiscal year 2007 executive compensation information on January 14, 2008.
In 2007, five executives at Powell Industries received on average a compensation package of $482K.
Thomas W. Powell, Chief Executive Officer, received $821K in total. 60% of Powell's compensation, or $492K, was in salary. Powell also received $260K in non-equity incentive plan and $69K in other compensation.
Mark W. Reid, Executive Vice President, received a compensation package of $550K. 83% of the compensation package, or $457K, was in other compensation.
Don R. Madison, Secretary, earned $415K in 2007.
Patrick L. McDonald, Chief Operating Officer, received $339K in 2007.
Milburn E. Honeycutt, Vice President and Controller of the Company, earned $283K in 2007.
Powell Industries' fiscal year ends on September 30.