Torotel CEO Dale Sizemore's 2008 pay jumps 25% to $185K
Torotel reports 2008 executive compensation
By ExecPay News
Published: August 15, 2008
Torotel reported fiscal year 2008 executive compensation information on August 15, 2008.
In 2008, three Torotel executives received on average a compensation package of $171K, a 18% increase compared to previous year.
Average pay of disclosed executives at Torotel
Dale H. Sizemore, Jr, Chief Executive Officer, received $185K in total, which increased by 25% compared to 2007. 65% of Sizemore's compensation, or $120K, was in salary. Sizemore also received $42K in stock awards and $23K in other compensation.
Benjamin E. Ames, Jr, Vice President of Torotel Products, Inc, received a compensation package of $175K, which increased by 7% compared to previous year. 57% of the compensation package, or $100K, was in salary.
H. James Serrone, Chief Financial Officer, earned $153K in 2008, a 25% increase compared to previous year.
Torotel's fiscal year ends on April 30.
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Source: SEC filing on August 15, 2008.