COMPUTER TASK GROUP, INCORPORATED COMPENSATION ARRANGEMENTS FOR THE NAMED EXECUTIVE OFFICERS

EX-10.J 2 ex-10jytd13.htm EXHIBIT EX-10j (YTD 13)


EXHIBIT 10 (j)



COMPUTER TASK GROUP, INCORPORATED

COMPENSATION ARRANGEMENTS FOR THE NAMED EXECUTIVE OFFICERS

Set forth below is a summary of the annual and incentive compensation paid by Computer Task Group, Incorporated (the Company) to its named executive officers (defined in Regulation S-K Item 402(a)(3)) in their current positions as of the date of the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2013. All of the Company's executive officers are at-will employees whose compensation and employment status may be changed at any time at the discretion of the Company's Board of Directors, subject only to the terms of employment agreements, as applicable, between the Company and these executive officers.

Effective January 1, 2014, the named executive officers are scheduled to receive the following annual base salaries in their current positions:

 
Current Annual Salary
James R. Boldt
Chairman, President and Chief Executive Officer
$
700,000

Brendan M. Harrington
Senior Vice President, Chief Financial Officer
$
314,000

Michael J. Colson
Senior Vice President, Solutions
$
312,000

Filip J.L. Gyde (1)
Senior Vice President, General Manager, CTG Europe
$
320,090

Arthur W. Crumlish
Senior Vice President, General Manager, Strategic Staffing Solutions
$
277,000


Executive officers are also eligible to receive incentive compensation each year primarily based upon the achievement of certain targets. These targets may include specific levels of revenue growth, gross profit, operating income or earnings per share. Bonuses were awarded to the named executives for 2013 as follows:

 
2013 Bonus
James R. Boldt
$
461,165

Brendan M. Harrington
$
167,448

Michael J. Colson
$
66,074

Filip J.L. Gyde
$
143,177

Arthur W. Crumlish
$
121,038


(1)
Mr. Gyde is paid in Euros. This amount represents his base pay of 232,185 Euros translated into U.S. dollars at the January 1, 2014 exchange rate.