2009 Executive Compensation Summary for Corus Bank, N.A. Executives
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Summary
This document outlines the 2009 compensation for key executives at Corus Bank, N.A., including the President and CEO, Executive Vice Presidents, and Senior Vice Presidents. It details each executive's base salary, bonuses paid in December 2008, and any non-equity incentive plan compensation, which is determined by the bank's commission program for commercial loan officers. The summary provides transparency regarding the total compensation packages for these senior officers.
EX-10.7 3 c83241exv10w7.htm EXHIBIT 10.7 Exhibit 10.7
EXHIBIT 10.7
Summary of Executive Compensation
Summary of Executive Compensation
Non-Equity | 2009 | |||||||||||
Name and Principal Position | Bonus Amount (1) | Incentive Plan (2) | Base Salary | |||||||||
Robert J. Glickman | $ | | $ | | $ | 500,000 | ||||||
President and CEO | ||||||||||||
Michael E. Dulberg | $ | 150,000 | $ | | $ | 250,000 | ||||||
Executive Vice President and CFO | ||||||||||||
Randy P. Curtis | $ | 150,000 | $ | | $ | 250,000 | ||||||
Executive Vice President Retail Banking | ||||||||||||
Richard J. Koretz | $ | 150,000 | $ | | $ | 250,000 | ||||||
Executive Vice President and COO | ||||||||||||
Joel C. Solomon | $ | 60,000 | $ | | $ | 325,000 | ||||||
Senior Vice President Commercial Lending | ||||||||||||
Timothy J. Stodder | $ | | $ | 166,968 | $ | 200,000 | ||||||
Senior Vice President Commercial Lending |
(1) | Bonus amounts paid in December, 2008. | |
(2) | Non-Equity Incentive Plan Compensation is determined in accordance with the terms of the Corus Bank, N.A. Commission Program for Commercial Loan Officers. |