STRATTEC Security CEO Harold Stratton's 2010 pay jumps 218% to $1.5M
STRATTEC Security reports 2010 executive compensation
By ExecPay News
Published: September 1, 2010
STRATTEC Security reported fiscal year 2010 executive compensation information on September 1, 2010.
In 2010, seven executives at STRATTEC Security received on average a compensation package of $662K, a 101% increase compared to previous year.
Average pay of disclosed executives at STRATTEC Security
Harold M. Stratton II, Chief Executive Officer, received $1.5M in total, which increased by 218% compared to 2009. 50% of Stratton's compensation, or $765K, was of change in pension value and nonqualified deferred compensation earnings. Stratton also received $375K in non-equity incentive plan, $357K in salary, $15K in stock awards, as well as $15K in other compensation.
Patrick J. Hansen, Chief Financial Officer, received a compensation package of $625K, which increased by 94% compared to previous year. 35% of the compensation package, or $218K, was in salary.
Patrick J. Hansen, See Note, Chief Financial Officer, earned $625K in 2010, a 94% increase compared to previous year.
Rolando J. Guillot, Vice President Mexican Operations, received $526K in 2010, which increases by 81% compared to 2009.
Rolando J. Guillot, See Note, Vice President Mexican Operations, earned $526K in 2010, a 81% increase compared to previous year.
Frank J. Krejci, Chief Operating Officer, received $438K in 2010.
Dennis A. Kazmierski, Vice President Marketing and Sales, earned $369K in 2010, a 2% decrease 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
Harold Stratton
STRATTEC Security
Chief Executive Officer
Frank Krejci
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 September 1, 2010.