2005–2006 Base Salary and Bonus Targets Table for Ameren Named Executive Officers
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Summary
This document outlines the base salaries for 2005 and 2006 for key executive officers at Ameren and its subsidiaries, including the CEO, CFO, and other senior officers. It also sets out the bonus targets for 2006, expressed as a percentage of base salary, based on executive level and salary tier. The salary increases are effective January 1, 2006. The agreement details compensation terms but does not specify additional obligations or conditions beyond salary and bonus structure.
EX-10.1 2 ex10-1dec05.htm EXHIBIT 10.1 Exhibit 10.1
Exhibit 10.1
2005 and 2006 Base Salary Table
for Named Executive Officers
Named Executive Officers | 2005 Base Salary | 2006 Base Salary * |
G. L. Rainwater, Chairman, Chief Executive Officer and President, Ameren, UE, CILCORP; Chairman and CEO, CIPS, CILCORP, CILCO, IP | $ 800,000 | $ 900,000 |
W. L. Baxter, Executive Vice President and Chief Financial Officer, Ameren, UE, CIPS, Genco, CILCORP, CILCO, IP | 470,000 | 500,000 |
T. R. Voss, Executive Vice President and Chief Operating Officer, Ameren; Senior Vice President, UE, CIPS, CILCORP, CILCO, IP | 400,000 | 440,000 |
S. R. Sullivan, Senior Vice President, General Counsel and Secretary, Ameren, UE, CIPS, Genco, CILCORP, CILCO, IP | 350,000 | 380,000 |
D. F. Cole, Senior Vice President, UE, CIPS, Genco, CILCORP, CILCO, IP | 300,000 | 310,000 |
D. A. Whiteley, Senior Vice President, UE, CIPS, Genco, CILCORP, CILCO, IP | 292,000 | 302,000 |
R. A. Kelley, President, Genco | 250,000 | 261,000 |
* Effective January 1, 2006.
2006 Executive Officer Bonus Targets
Executive Levels | 2006 Bonus Target * |
CEO | 90% |
Senior Officers $370,000 and Over | 60% |
Senior Officers Below $370,000 | 50% |
Officers $240,000 and Over | 45% |
Officers Between $200,000 and $239,000 | 40% |
Officers Below $200,000 | 35% |
* Expressed as a percentage of base salary.