STRATTEC Security CEO Harold Stratton's 2008 pay falls 51% to $426K
STRATTEC Security reports 2008 executive compensation
By ExecPay News
Published: August 29, 2008
STRATTEC Security reported fiscal year 2008 executive compensation information on August 29, 2008.
In 2008, six executives at STRATTEC Security received on average a compensation package of $270K, a 27% decrease compared to previous year.
Average pay of disclosed executives at STRATTEC Security
Harold M. Stratton II, Chief Executive Officer, received $426K in total, which decreased by 51% compared to 2007. 91% of Stratton's compensation, or $387K, was in salary. Stratton also received $29K of change in pension value and nonqualified deferred compensation earnings and $11K in other compensation.
Donald J. Harrod, Vice President Engineering and Product Development, received a compensation package of $296K, which increased by 1% compared to previous year. 61% of the compensation package, or $179K, was in salary.
Patrick J. Hansen, Chief Financial Officer, earned $253K in 2008, a 14% decrease compared to previous year.
Dennis A. Kazmierski, Vice President Marketing and Sales, received $229K in 2008, which decreases by 22% compared to 2007.
Rolando J. Guillot, Vice President Mexican Operations, earned $222K in 2008, a 13% decrease compared to previous year.
Kathryn E. Scherbarth, Vice President Milwaukee Operations, received $196K in 2008, which decreases by 13% compared to 2007.
STRATTEC Security's fiscal year ends on July 2.
Related executives
Harold Stratton
STRATTEC Security
Chief Executive Officer
Patrick Hansen
STRATTEC Security
Chief Financial Officer
Dennis Kazmierski
STRATTEC Security
Vice President Marketing and Sales
Rolando Guillot
STRATTEC Security
Senior Vice President - Operations
Kathryn Scherbarth
STRATTEC Security
Vice President, Milwaukee Operations, Aftermarket and Commercial Sales
Donald Harrod
STRATTEC Security
Vice President Engineering and Product Development
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Source: SEC filing on August 29, 2008.