Stoneridge CEO John Corey's 2008 pay jumps 35% to $2.5M
Stoneridge reports 2008 executive compensation
By ExecPay News
Published: April 8, 2009
Stoneridge reported fiscal year 2008 executive compensation information on April 8, 2009.
In 2008, six Stoneridge executives received on average a compensation package of $928K, a 14% increase compared to previous year.
Average pay of disclosed executives at Stoneridge
John C. Corey, Chief Executive Officer, received $2.5M in total, which increased by 35% compared to 2007. 52% of Corey's compensation, or $1.3M, was in stock awards. Corey also received $481K in non-equity incentive plan, $640K in salary, as well as $86K in other compensation.
George E. Strickler, Chief Financial Officer, received a compensation package of $940K, which increased by 28% compared to previous year. 40% of the compensation package, or $379K, was in stock awards.
Mark J. Tervalon, Vice President & President of the Stoneridge Electronics Division, earned $701K in 2008, a 25% increase compared to previous year.
Thomas A. Beaver, Vice President of Global Sales & Systems Engineering, received $639K in 2008, which increases by 16% compared to 2007.
Martin Malmvik, Vice President & Managing Director of Stoneridge Electronics OEM, earned $443K in 2008, a 19% increase compared to previous year.
Michael D. Sloan, Vice President & President of the Stoneridge Control Devices Division, received $327K in 2008.
Related executives
Martin Malmvik
Stoneridge
Vice President & Managing Director of Stoneridge Electronics OEM
John Corey
Stoneridge
Chief Executive Officer
George Strickler
Stoneridge
Executive Vice President
Mark Tervalon
Stoneridge
Vice President & President of the Stoneridge Electronics Division
Thomas Beaver
Stoneridge
Vice President President of Global Sales
Michael Sloan
Stoneridge
Vice President
You may also like
Source: SEC filing on April 8, 2009.