POM » Topics » Relationship of Salary and Bonus to Total Compensation

This excerpt taken from the POM DEF 14A filed Mar 26, 2009.

Relationship of Salary and Bonus to Total Compensation

 

The following table sets forth the 2008 salary of each of the executive officers listed in the Summary Compensation Table as a percentage of the executive’s Total Compensation, as set forth in the Summary Compensation Table:

 

Name

   Salary as a Percentage
of Total Compensation
 

Dennis R. Wraase

   10.7 %

Joseph M. Rigby

   31.2 %

Paul H. Barry

   38.8 %

William T. Torgerson

   15.9 %

David M. Velazquez

   34.6 %

 

The lower percentage for Mr. Wraase evidences in substantial part the higher at-risk component of his total compensation and the modification of his pension benefits in 2007.

 

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This excerpt taken from the POM DEF 14A filed Mar 27, 2008.

Relationship of Salary and Bonus to Total Compensation

 

The following table sets forth the 2007 salary of each of the executive officers listed in the Summary Compensation Table as a percentage of the executive’s Total Compensation, as set forth in the Summary Compensation Table:

 

Name

   Salary as a Percentage
of Total Compensation
 

Dennis R. Wraase

   12.2 %

Paul H. Barry

   44.6 %

William T. Torgerson

   22.3 %

Joseph M. Rigby

   36.7 %

Anthony J. Kamerick

   31.1 %

Thomas S. Shaw

   6.1 %

 

The percentage for Mr. Shaw reflects that a significant portion of his total 2007 compensation involved payments associated with his retirement. Of the continuing executives, the lower percentage for Mr. Wraase evidences in substantial part the higher at-risk component of his total compensation and the modification of his pension benefits. For a further discussion see the “Compensation Discussion and Analysis.”

 

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This excerpt taken from the POM DEF 14A filed Mar 29, 2007.

Relationship of Salary and Bonus to Total Compensation

 

The following table sets forth the 2006 salary of each of the NEOs as a percentage of the executive’s Total Compensation, as set forth in the Summary Compensation Table:

 

Name

  Salary as a Percentage
of Total Compensation


 

Dennis R. Wraase

  19.3 %

Joseph M. Rigby

  50.5 %

William T. Torgerson

  28.2 %

Thomas S. Shaw

  38.5 %

William J. Sim

  12.3 %

Ed R. Mayberry

  1.9 %

 

The percentages for Mr. Sim and Dr. Mayberry reflect that a significant portion of their total 2006 compensation involved payments associated with their retirement. Of the continuing executives, the lower percentage for Mr. Wraase evidences in substantial part the higher at-risk component of his total compensation. For a further discussion see the “Compensation Discussion and Analysis.”

 

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