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VRSN » Topics » Retirement of Former Executive

This excerpt taken from the VRSN DEF 14A filed Apr 15, 2008.

Retirement of Former Executive

On December 31, 2007, Mr. Korzeniewski retired from the Company. At its meeting on February 19, 2008 the Compensation Committee approved a bonus of $121,500 for Mr. Korzeniewski based on individual performance and the performance of the Company in fiscal year 2007, pursuant to the terms of the 2007 VPP.

This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Retirement of Former Executive

 

On December 31, 2007, Mr. Korzeniewski retired from the Company. Mr. Korzeniewski is eligible to receive up to his full target bonus for 2007 of $225,000 subject to the approval of the Compensation Committee of the Board of Directors and pursuant to the terms of the 2007 VPP. At its meeting on February 19, 2008 the Compensation Committee approved a bonus of $121,500 for Mr. Korzeniewski based on individual performance and the performance of the Company in fiscal year 2007, pursuant to the terms of the 2007 VPP.

 

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 15, 2008
10-K
Feb 29, 2008

RELATED TOPICS for VRSN:

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