STRATTEC Security CEO Harold Stratton's 2009 pay rises 13% to $481K

STRATTEC Security reports 2009 executive compensation

By ExecPay News

Published: August 28, 2009

STRATTEC Security reported fiscal year 2009 executive compensation information on August 28, 2009.
In 2009, seven executives at STRATTEC Security received on average a compensation package of $330K, a 22% increase compared to previous year.
Average pay of disclosed executives at STRATTEC Security
Harold M. Stratton II, Chief Executive Officer, received $481K in total, which increased by 13% compared to 2008. 78% of Stratton's compensation, or $374K, was in salary. Stratton also received $25K of change in pension value and nonqualified deferred compensation earnings, $52K in option awards, $23K in stock awards, as well as $6.8K in other compensation.
Dennis A. Kazmierski, Vice President Marketing and Sales, received a compensation package of $377K, which increased by 65% compared to previous year. 52% of the compensation package, or $196K, was in salary.
Patrick J. Hansen, Chief Financial Officer, earned $321K in 2009, a 27% increase compared to previous year.
Patrick J. Hansen, See Note, Chief Financial Officer, received $321K in 2009.
Rolando J. Guillot, Vice President Mexican Operations, earned $291K in 2009, a 31% increase compared to previous year.
Rolando J. Guillot, See Note, Vice President Mexican Operations, received $291K in 2009.
Kathryn E. Scherbarth, Vice President Milwaukee Operations, earned $227K in 2009, a 16% increase compared to previous year.
STRATTEC Security's fiscal year ends on July 2.

Related executives

Patrick Hansen

STRATTEC Security

Chief Financial Officer

Rolando Guillot

STRATTEC Security

Senior Vice President - Operations

Kathryn Scherbarth

STRATTEC Security

Vice President, Milwaukee Operations, Aftermarket and Commercial Sales

Harold Stratton

STRATTEC Security

Chief Executive Officer

Patrick Note

STRATTEC Security

Chief Financial Officer

Dennis Kazmierski

STRATTEC Security

Vice President Marketing and Sales

Rolando Note

STRATTEC Security

Vice President Mexican Operations

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Source: SEC filing on August 28, 2009.