SCHOOL SPECIALTY CEO David Zanden's 2010 pay jumps 41% to $2M

SCHOOL SPECIALTY reports 2010 executive compensation

By ExecPay News

Published: July 13, 2010

SCHOOL SPECIALTY reported fiscal year 2010 executive compensation information on July 13, 2010.
In 2010, eight executives at SCHOOL SPECIALTY received on average a compensation package of $779K, a 3% decrease compared to previous year.
Average pay of disclosed executives at SCHOOL SPECIALTY
David J. Vander Zanden, Chief Executive Officer, received $2M in total, which increased by 41% compared to 2009. 35% of Zanden's compensation, or $701K, was in option awards. Zanden also received $662K in salary and $664K in stock awards.
Thomas M. Slagle, Chief Operating Officer, received a compensation package of $1.2M, which increased by 22% compared to previous year. 48% of the compensation package, or $554K, was in salary.
David Vander Ploeg, Chief Financial Officer, earned $628K in 2010, a 23% decrease compared to previous year.
David N. Vander Ploeg, Chief Financial Officer, received $628K in 2010.
Steven F. Korte, Executive Vice President, Educational Publishing, earned $551K in 2010, a 6% increase compared to previous year.
Gregory Cessna, Executive Vice President, Educational Resources, received $541K in 2010, which increases by 4% compared to 2009.
Rachel P. McKinney, Chief Human Resources Officer, earned $411K in 2010.
Richmond Y. Holden, Executive Vice President, Educational Resources, received $283K in 2010.
SCHOOL SPECIALTY's fiscal year ends on December 29.

Related executives

David Ploeg

SCHOOL SPECIALTY

Chief Financial Officer

Thomas Slagle

SCHOOL SPECIALTY

Chief Operating Officer

Gregory Cessna

SCHOOL SPECIALTY

Executive Vice President, Educational Resources

David Zanden

SCHOOL SPECIALTY

Chief Executive Officer

David Ploeg

SCHOOL SPECIALTY

Chief Financial Officer

Richmond Holden

SCHOOL SPECIALTY

Executive Vice President, Curriculum Group

Steven Korte

SCHOOL SPECIALTY

Executive Vice President, Educational Publishing

Rachel McKinney

SCHOOL SPECIALTY

Chief Human Resources Officer

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Source: SEC filing on July 13, 2010.