Big 5 Sporting Goods Executive Officer Compensation Summary for Fiscal 2008
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
Big 5 Sporting Goods Corporation's Compensation Committee approved new annual base salaries for its executive officers, effective March 24, 2008. The agreement lists the updated salaries for the CEO, CFO, and other top executives for fiscal 2008, along with their previous year's salaries for comparison. It also details the annual cash bonuses awarded to these officers for fiscal 2007 and 2006. This summary is informational and does not grant any additional rights to the officers.
EX-10.1 2 v38841exv10w1.htm EXHIBIT 10.1 Exhibit 10.1
Exhibit 10.1
The following summarizes the current compensation information regarding certain of the issuer’s executive officers. It is intended only to be a summary of existing arrangements and is not intended to provide any additional rights to any officer.
On March 3, 2008, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Big 5 Sporting Goods Corporation (the “Company”) approved new annual base salaries (effective March 24, 2008) for the Company’s executive officers for fiscal 2008. The following table sets forth new annual base salaries for fiscal 2008 for the Company’s Chief Executive Officer, Chief Financial Officer, and each of the Company’s three other most highly compensated executive officers during the fiscal year ended December 30, 2007 (salary information for the prior year is also included for comparison purposes):
| NAME AND POSITION | FISCAL YEAR | ANNUAL BASE SALARY | ||||||
Steven G. Miller | 2008 | $ | 473,000 | |||||
Chairman of the Board, President and Chief Executive Officer | 2007 | $ | 463,000 | |||||
Barry D. Emerson | 2008 | $ | 325,000 | |||||
Senior Vice President and Chief Financial Officer | 2007 | $ | 315,000 | |||||
Thomas J. Schlauch | 2008 | $ | 270,000 | |||||
Senior Vice President, Buying | 2007 | $ | 263,000 | |||||
Richard A. Johnson | 2008 | $ | 244,000 | |||||
Executive Vice President | 2007 | $ | 237,000 | |||||
Gary S. Meade | 2008 | $ | 209,000 | |||||
Senior Vice President, General Counsel and Secretary | 2007 | $ | 202,000 | |||||
Also, on March 3, 2008, the Compensation Committee authorized the payment of an annual cash bonus to each of the foregoing executive officers in respect of the year ended December 30, 2007 (fiscal 2007), which amounts were as follows (bonuses previously paid for the prior year are also shown for comparison purposes):
| NAME | FISCAL YEAR | BONUS | ||||||
Steven G. Miller | 2007 | $ | 500,000 | |||||
| 2006 | $ | 600,000 | ||||||
Barry D. Emerson | 2007 | $ | 175,000 | |||||
| 2006 | $ | 185,000 | ||||||
Thomas J. Schlauch | 2007 | $ | 214,000 | |||||
| 2006 | $ | 233,000 | ||||||
Richard A. Johnson | 2007 | $ | 194,000 | |||||
| 2006 | $ | 213,000 | ||||||
Gary S. Meade | 2007 | $ | 110,000 | |||||
| 2006 | $ | 120,000 | ||||||
