Torotel Executive Vice President of Torotel Products, Inc Benjamin Ames receives $164K in 2007
Torotel reports 2007 executive compensation
By ExecPay News
Published: September 18, 2007
Torotel reported fiscal year 2007 executive compensation information on September 18, 2007.
In 2007, three Torotel executives received on average a compensation package of $145K, a 10% decrease compared to previous year.
Average pay of disclosed executives at Torotel
Benjamin E. Ames, Jr, Executive Vice President of Torotel Products, Inc, received $164K in total. 46% of Ames' compensation, or $75K, was in salary. Ames also received $21K in bonus, $60K in stock awards, as well as $8K in other compensation.
Dale H. Sizemore, Jr, Chief Executive Officer, received a compensation package of $148K, which decreased by 14% compared to previous year. 81% of the compensation package, or $120K, was in salary.
H. James Serrone, Chief Financial Officer, earned $123K in 2007, a 17% decrease compared to previous year.
Torotel's fiscal year ends on April 30.
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Source: SEC filing on September 18, 2007.