Torotel CEO Dale Sizemore's 2009 pay slips 15% to $158K
Torotel reports 2009 executive compensation
By ExecPay News
Published: August 20, 2009
Torotel reported fiscal year 2009 executive compensation information on August 20, 2009.
In 2009, four Torotel executives received on average a compensation package of $122K, a 29% decrease compared to previous year.
Average pay of disclosed executives at Torotel
Dale H. Sizemore, Jr, Chief Executive Officer, received $158K in total, which decreased by 15% compared to 2008. 83% of Sizemore's compensation, or $131K, was in salary. Sizemore also received $27K in other compensation.
Benjamin E. Ames, Jr, Vice President of Torotel Products, Inc, received a compensation package of $137K, which decreased by 22% compared to previous year. 73% of the compensation package, or $100K, was in salary.
H. James Serrone, Chief Financial Officer, earned $123K in 2009, a 20% decrease compared to previous year.
Kent O. Klepper, Vice President of Torotel Products, Inc, received $71K in 2009.
Torotel's fiscal year ends on April 30.
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Source: SEC filing on August 20, 2009.