Cardiovascular Systems, Inc. Summary of Fiscal Year 2009 Executive Officer Base Salaries
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Summary
This document lists the annual base salaries for executive officers of Cardiovascular Systems, Inc. for the fiscal year ending June 30, 2009. It names each executive, their position, and their respective salary. The listed salaries reflect those paid to these individuals as executive officers of Cardiovascular Systems, Inc. (Minnesota) prior to a merger. Two officers received promotions and new titles effective April 6, 2009. The document serves as a record of executive compensation for the specified fiscal year.
EX-10.15 6 c51274exv10w15.htm EX-10.15 EX-10.15
Exhibit 10.15
CARDIOVASCULAR SYSTEMS, INC.
SUMMARY OF FISCAL YEAR 2009
EXECUTIVE OFFICER BASE SALARIES
SUMMARY OF FISCAL YEAR 2009
EXECUTIVE OFFICER BASE SALARIES
Our executive officers are scheduled to receive the following annual base salaries for the fiscal year ended June 30, 2009 in their current positions:
| Name and Current Position | Base Salary | |||
David L. Martin President, Chief Executive Officer, Interim Chief Financial Officer and Director | $ | 395,000 | ||
Laurence L. Betterley Chief Financial Officer | $ | 250,000 | ||
James E. Flaherty Chief Administrative Officer | $ | 233,000 | ||
Robert J. Thatcher Executive Vice President | $ | 250,000 | ||
Paul Koehn Vice President of Manufacturing | $ | 206,450 | ||
Brian Doughty Vice President of Commercial Operations | $ | 225,000 | ||
Paul Tyska Vice President of Business Development | $ | 200,000 | ||
Scott Kraus Vice President of Sales | $ | 190,000 | ||
Other than Mr. Doughty, who was promoted from Vice President of Marketing to Vice President of Commercial Operations on April 6, 2009, and Mr. Kraus, who was promoted from Senior Sales Director to Vice President of Sales on April 6, 2009, these individuals became executive officers on February 25, 2009 in connection with the closing of the merger with Cardiovascular Systems, Inc., a Minnesota corporation (“CSI-MN”). These base salaries reflect the same base salaries paid to these individuals as executive officers of CSI-MN.
