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AYR » Topics » Compensation Committee Interlocks And Insider Participation

This excerpt taken from the AYR DEF 14A filed Apr 3, 2009.
Compensation Committee Interlocks And Insider Participation
 
Compensation decisions pertaining to executive officer compensation made prior to the completion of our initial public offering in August 2006, were made by the chairman of our Board, Wesley R. Edens. We have entered into certain transactions with Fortress as described in “Certain Relationships and Related Party Transactions”.
 
Since our initial public offering in August 2006, all compensation decisions pertaining to executive officers were made by the Compensation Committee, which is comprised of John Z. Kukral as chair, Ronald W. Allen and Douglas A. Hacker. Each Compensation Committee member is an Independent Director.


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