Summary of Executive Officer Compensation for Big 5 Sporting Goods Corporation (2009)
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Summary
This document summarizes the 2009 annual base salaries and 2008 cash bonuses for the Chief Executive Officer, Chief Financial Officer, and three other top executive officers of Big 5 Sporting Goods Corporation. The Compensation Committee approved no changes to base salaries for 2009 and authorized cash bonuses for 2008 performance. The summary is informational and does not grant any additional rights to the officers.
EX-10.1 2 v51714exv10w1.htm EX-10.1 exv10w1
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.
(e) On March 2, 2009, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Big 5 Sporting Goods Corporation (the “Company”) approved no changes to the annual base salaries for the Company’s executive officers for fiscal 2009. The following table sets forth the annual base salaries for fiscal 2009 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 28, 2008 (salary information for the prior year is also included for comparison purposes):
| NAME AND POSITION | FISCAL YEAR | ANNUAL SALARY | ||||||
Steven G. Miller | 2009 | $ | 473,000 | |||||
Chairman of the Board, President and | 2008 | $ | 473,000 | |||||
Chief Executive Officer | ||||||||
Barry D. Emerson | 2009 | $ | 325,000 | |||||
Senior Vice President and Chief Financial | 2008 | $ | 325,000 | |||||
Officer | ||||||||
Thomas J. Schlauch | 2009 | $ | 270,000 | |||||
Senior Vice President, Buying | 2008 | $ | 270,000 | |||||
Richard A. Johnson | 2009 | $ | 244,000 | |||||
Executive Vice President | 2008 | $ | 244,000 | |||||
Gary S. Meade | 2009 | $ | 209,000 | |||||
Senior Vice President, General Counsel | 2008 | $ | 209,000 | |||||
and Secretary | ||||||||
| Also, on March 2, 2009, 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 28, 2008 (fiscal 2008), 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 | 2008 | $ | 250,000 | |||||
| 2007 | $ | 500,000 | ||||||
Barry D. Emerson | 2008 | $ | 110,000 | |||||
| 2007 | $ | 175,000 | ||||||
Thomas J. Schlauch | 2008 | $ | 134,000 | |||||
| 2007 | $ | 214,000 | ||||||
Richard A. Johnson | 2008 | $ | 122,000 | |||||
| 2007 | $ | 194,000 | ||||||
Gary S. Meade | 2008 | $ | 69,000 | |||||
| 2007 | $ | 110,000 | ||||||
