2008 Executive Compensation Summary for Corus Bank, N.A. Executives
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Summary
This document outlines the 2008 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, bonus amounts to be paid in December 2007, 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 package for each executive for the specified year.
EX-10.1 2 c71712exv10w1.htm EXHIBIT 10.1 Filed by Bowne Pure Compliance
EXHIBIT 10.1
Summary of Executive Compensation
Summary of Executive Compensation
| Non-Equity | 2008 | |||||||||||
| Name and Principal Position | Bonus Amount(1) | Incentive Plan(2) | Base Salary | |||||||||
Robert J. Glickman | $ | 375,000 | $ | — | $ | 500,000 | ||||||
President and CEO | ||||||||||||
| Tim H. Taylor | $ | 300,000 | $ | — | $ | 336,000 | ||||||
| Executive Vice President and CFO | ||||||||||||
| Michael G. Stein | $ | 400,000 | $ | — | $ | 400,000 | ||||||
| Executive Vice President Commercial Lending | ||||||||||||
| Timothy J. Stodder | $ | — | $ | 450,050 | $ | 200,000 | ||||||
| Senior Vice President Commercial Lending | ||||||||||||
| Randy P. Curtis | $ | 280,000 | $ | — | $ | 250,000 | ||||||
| Executive Vice President Retail Banking | ||||||||||||
(1) Bonus amounts to be paid in December, 2007.
(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.
