BRIGGS & STRATTONCORPORATION FORM 10-Q for QuarterlyPeriod Ended October 2, 2005 SUMMARY OF NAMEDEXECUTIVE OFFICER SALARY INCREASE Effective September 1,2005
Exhibit 10.3
BRIGGS & STRATTON CORPORATION
FORM 10-Q for Quarterly Period Ended October 2, 2005
SUMMARY OF NAMED EXECUTIVE OFFICER
SALARY INCREASE
Effective September 1, 2005
Summary of Named Executive Officer Salary Increases
Effective September 1, 2005, in connection with Mr. Todd J. Teske’s appointment as Executive Vice President & Chief Operating Officer of Briggs & Stratton Corporation (the “Corporation”), Mr. Teske’s annual salary was increased to $450,000.
|
|
| Fiscal |
| Base |
| |
|
|
| Year |
| Salary |
| |
| Todd J. Teske |
| 2005 |
| $ | 450,000 |
|
| Executive Vice President & Chief Operating Officer |
| 2004 |
| $ | 252,735 |
|
Information related to the other elements of total compensation for this executive officer was previously disclosed in the 2005 Proxy Statement filed September 21, 2005.
