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This excerpt taken from the AN DEF 14A filed Mar 23, 2009. Compensation
Philosophy and Objectives
The Committees fundamental philosophy is to closely link
executive compensation with the achievement of Company
performance goals and to create an owner-oriented,
pay-for-performance culture. The Committees objectives in
administering our compensation program for executive officers
are to ensure that we are able to attract and retain
highly-skilled executives and to provide a compensation program
that incentivizes management to optimize business performance,
deploy capital productively and increase long-term stockholder
value. The Committee also believes that overall compensation
should be fair for the services rendered and that the
compensation structure should be transparent, which is why the
key components of executive compensation are limited to a base
salary, an annual performance bonus based solely on the
achievement of financial targets and stock-based awards.
Table of Contents
This excerpt taken from the AN DEF 14A filed Mar 27, 2008. Compensation
Philosophy and Objectives
The Committees fundamental philosophy is to closely link
executive compensation with the achievement of Company
performance goals and to create an owner-oriented,
pay-for-performance culture. The Committees objectives in
administering our compensation program for executive officers
are to ensure that we are able to attract and retain
highly-skilled executives and to provide a compensation program
that incentivizes management to optimize business performance,
deploy capital productively and increase long-term stockholder
value. The Committee also believes that overall compensation
should be fair for the services rendered and that the
compensation structure should be transparent, which is why the
key components of executive compensation are limited to a base
salary, an annual performance bonus based solely on the
achievement of financial targets and stock options.
This excerpt taken from the AN DEF 14A filed Apr 5, 2007. Compensation
Philosophy and Objectives
The Committees fundamental philosophy is to closely link
executive compensation with the achievement of Company
performance goals and to create an owner-oriented
pay-for-performance
culture. The Committees objectives in administering our
compensation program for executive officers are to ensure that
we are able to attract and retain highly-skilled executives and
to provide a compensation program that incentivizes management
to optimize business performance, deploy capital productively
and increase long-term stockholder value. The Committee also
believes that overall compensation should be fair for the
services rendered and that the compensation structure should be
transparent, which is why the key components of executive
compensation are limited to a base salary, an annual performance
bonus based solely on the achievement of financial targets and
stock options.
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