STRATTEC Security CEO Harold Stratton's 2011 pay jumps 23% to $1.9M
STRATTEC Security reports 2011 executive compensation
By ExecPay News
Published: September 8, 2011
STRATTEC Security reported fiscal year 2011 executive compensation information on September 8, 2011.
In 2011, five executives at STRATTEC Security received on average a compensation package of $735K, a 11% increase compared to previous year.
Average pay of disclosed executives at STRATTEC Security
Harold M. Stratton II, Chief Executive Officer, received $1.9M in total, which increased by 23% compared to 2010. 47% of Stratton's compensation, or $878K, was of change in pension value and nonqualified deferred compensation earnings. Stratton also received $428K in non-equity incentive plan, $107K in option awards, $409K in salary, $39K in stock awards, as well as $20K in other compensation.
Frank J. Krejci, Chief Operating Officer, received a compensation package of $647K, which increased by 48% compared to previous year. 46% of the compensation package, or $296K, was in salary.
Patrick J. Hansen, See Note, Chief Financial Officer, earned $440K in 2011, a 30% decrease compared to previous year.
Dennis A. Kazmierski, Vice President Marketing and Sales, received $377K in 2011, which increases by 2% compared to 2010.
Rolando J. Guillot, See Note, Vice President Mexican Operations, earned $331K in 2011, a 37% decrease compared to previous year.
STRATTEC Security's fiscal year ends on July 2.
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Source: SEC filing on September 8, 2011.