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Anheuser-Busch InBev S.A. 10-K 2008 Documents found in this filing:
Exhibit 10.21
SUMMARY
OF COMPENSATION OF EXECUTIVE OFFICERS
Anheuser-Busch
Companies, Inc. (the “Company”) does not have employment agreements with any of
its executive officers. The following is a description of executive
officer compensation.
On November 28, 2007, the Compensation
Committee (the “Committee”) of the Board of Directors of the Company approved
the annual base salaries effective January 1, 2008, of the Company’s executive
officers after review of performance and competitive market data. The
following table sets forth the 2008 base salary of the Company’s Named Executive
Officers (which officers were determined by reference to the Proxy Statement for
the Company’s 2008 Annual Meeting of Stockholders, dated March 10,
2008).
(¹) Mark Bobak
resigned from the Company effective December 31, 2007.
Information regarding 2007 bonus payments is
contained in the Company’s Form 8-K filed with the Securities and Exchange
Commission on February 1, 2008. Information regarding 2008 bonuses is
contained in Exhibit 10.20 to this Form 10-K for the fiscal year
ended December 31, 2007, filed with the Securities and Exchange Commission on
February 29, 2008. Also on November 28, 2007, the Committee
approved grants of ten year incentive and non-qualified stock option awards to
approximately 3,000 officers and management employees of the Company and its
subsidiaries and affiliates eligible to receive such awards under the Company’s
2007 Equity and Incentive Plan including the Named Executive Officers for
2007. The 2007 Equity and Incentive Plan is attached as Appendix B to
the Proxy Statement for the Company’s 2007 Annual Meeting of Stockholders, dated
March 12, 2007.
Information
concerning the stock option awards to the Company’s Named Executive Officers is
contained in Form 8-K dated November 27, 2007, and filed by the Company with the
Securities & Exchange Commission on November 30, 2007.
The Company will provide additional information
regarding compensation awarded to Named Executive Officers in respect of and
during the year ended December 31, 2007, in the Proxy Statement for the
Company’s 2008 Annual Meeting of Stockholders expected to be dated March 10,
2008, which is expected to be filed with the Securities and Exchange Commission
on March 10, 2008.
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