2009 Executive Compensation Summary for Corus Bank, N.A. Executives

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
                         
            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.