Schmitt Industries CEO Wayne Case receives $281K in 2007
Schmitt Industries reports 2007 executive compensation
By ExecPay News
Published: August 31, 2007
Schmitt Industries reported fiscal year 2007 executive compensation information on August 31, 2007.
In 2007, three executives at Schmitt Industries received on average a compensation package of $203K.
Average pay of disclosed executives at Schmitt Industries
Wayne A. Case, Chief Executive Officer, received $281K in total. 86% of Case's compensation, or $243K, was in salary. Case also received $30K in bonus and $8.1K in other compensation.
Michael S. McAfee, Chief Financial Officer, received a compensation package of $196K. 66% of the compensation package, or $129K, was in salary.
David W. Case, Vice President of Operations, earned $133K in 2007.
Schmitt Industries' fiscal year ends on May 31.
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Source: SEC filing on August 31, 2007.