2005 Named Executive Officer Compensation Term Sheet for BellSouth Corporation

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2005 salary and short-term incentive awards for BellSouth Corporation's top executives, as approved by the company's Executive Nominating and Compensation Committee. It lists the names, positions, and compensation amounts for each named executive officer, including the Chairman, CFO, COO, Vice Chairman, and Chief Information Officer. The term sheet specifies the base salary for 2005 and the incentive awards based on 2004 performance, with no changes to the Chairman's salary since 2001.

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EX-10.T 9 g92330exv10wt.txt EX-10.T 2005 NAMED EXECUTIVE OFFICER COMPENSATION TERM SHEET EXHIBIT 10t 2005 NAMED EXECUTIVE OFFICER COMPENSATION TERM SHEET The 2005 salary and short-term incentive award for 2004 performance, of BellSouth Corporation's named executive officers (as listed in the 2005 Proxy Statement dated March 11, 2005), as approved by the Executive Nominating and Compensation Committee of the Board of Directors, is set forth below:
2004 SHORT-TERM NAME AND PRINCIPAL POSITION 2005 SALARY AWARD - ----------------------------- ------------ ---------------- F. DUANE ACKERMAN $ 1,365,000(1) $ 2,701,000 Chairman of the Board, President and Chief Executive Officer RONALD M. DYKES $ 692,700 $ 1,200,000 Chief Financial Officer MARK L. FEIDLER $ 725,000 $ 1,070,900 Chief Operating Officer RICHARD A. ANDERSON $ 638,400 $ 1,010,000 Vice Chairman - Planning and Administration FRANCIS A. DRAMIS, JR. $ 616,000 $ 1,001,400 Chief Information, E- Commerce and Security Officer (1) Unchanged since 2001.