Sonic Automotive CFO David Cosper's 2010 pay jumps 141% to $4.8M
Sonic Automotive reports 2010 executive compensation
By ExecPay News
Published: March 26, 2013
Sonic Automotive reported fiscal year 2010 executive compensation information on March 26, 2013.
In 2010, five executives at Sonic Automotive received on average a compensation package of $3.6M, a 54% increase compared to previous year.
Average pay of disclosed executives at Sonic Automotive
David P. Cosper, Chief Financial Officer, received $4.8M in total, which increased by 141% compared to 2009. 51% of Cosper's compensation, or $2.4M, was of change in pension value and nonqualified deferred compensation earnings. Cosper also received $1.2M in non-equity incentive plan, $729K in salary, $397K in stock awards, as well as $28K in other compensation.
Jeff Dyke, Executive Vice President of Operations, received a compensation package of $4.5M, which increased by 113% compared to previous year. 45% of the compensation package, or $2M, was of change in pension value and nonqualified deferred compensation earnings.
O. Bruton Smith, Chief Executive Officer, earned $3.6M in 2010, a 14% increase compared to previous year.
B. Scott Smith, President, Chief Strategic Officer and Director, received $3.1M in 2010, which increases by 15% compared to 2009.
David Bruton Smith, Executive Vice President and Director, earned $1.9M in 2010, a 14% increase compared to previous year.
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Source: SEC filing on March 26, 2013.