Alliance HealthCare Services, Inc. Summary of Compensation Arrangements For Named Executive Officers
EX-10.23 2 aiq-12312013xex1023.htm SCHEDULE OF NAMED EXECUTIVE OFFICER COMPENSATION AIQ-12.31.2013-Ex 10.23
EXHIBIT 10.23
Alliance HealthCare Services, Inc.
Summary of Compensation Arrangements
For Named Executive Officers
Base Salaries and Target Bonus Percentages. The current annual base salaries and target annual bonus opportunities (expressed a percentage of base salary) for the current named executive officers of Alliance HealthCare Services, Inc. (the “Company”) are as follows:
Named Executive Officer | Title | Current Base Salary | Target Bonus % |
Percy C. Tomlinson | President and Chief Executive Officer | $600,000 | 85% |
Howard A. Aihara | Executive Vice President and Chief Financial Officer | $294,580 | 75% |
Michael J. Shea | Chief Operating Officer | $500,000 | 85% |
Richard W. Johns | Executive Vice President, General Counsel and Secretary | $325,000 | 75% |
Richard A. Jones | President, Imaging Division | $300,000 | 75% |
For 2013, under the Company’s Executive Incentive Plan (the “EIP”), the named executive officers were eligible to receive an annual cash bonus award that was determined based on achievement against three performance measures:
(1) | “profit after lease” or “Company PAL” component-40% of the 2013 bonus opportunity; |
(2) | individual performance objectives based primarily on the executive’s responsibilities within our company-40% of the 2013 bonus opportunity; and |
(3) | return on capital component-20% of the 2013 bonus opportunity. |
The EIP is more fully described in the proxy statement for our 2013 annual meeting of stockholders.
