Summary of Executive Compensation for Corus Bank, N.A. Executives (2007)
This document outlines the 2007 compensation for key executives at Corus Bank, N.A., including the President and CEO, Executive Vice Presidents, Senior Vice President, and CFO. It details each executive's base salary, bonus amounts to be paid in December 2006, 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.
EXHIBIT 10.1
Summary of Executive Compensation
| Name and Principal Position |
| Bonus Amount (1) |
| Non-Equity |
| 2007 |
| |||
| |
| | |
| | |
| | |
|
| Robert J. Glickman |
| $ | 500,000 |
| $ | — |
| $ | 500,000 |
|
| President and CEO |
|
|
|
|
|
|
|
|
|
|
| Randy P. Curtis |
| $ | 320,000 |
| $ | — |
| $ | 250,000 |
|
| Executive Vice President |
|
|
|
|
|
|
|
|
|
|
| Corus Bank, N.A. |
|
|
|
|
|
|
|
|
|
|
| Richard J. Koretz |
| $ | 190,000 |
| $ | — |
| $ | 225,000 |
|
| Senior Vice President |
|
|
|
|
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|
|
|
| Corus Bank, N.A. |
|
|
|
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|
|
|
|
|
|
| Michael G. Stein |
| $ | — |
| $ | 1,367,886 |
| $ | 275,000 |
|
| Executive Vice President |
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|
|
| Corus Bank, N.A. |
|
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|
| Tim H. Taylor |
| $ | 345,000 |
| $ | — |
| $ | 336,000 |
|
| Executive Vice President |
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| and CFO |
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| |
| (1) Bonus amounts to be paid in December, 2006 |
|
|
| (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. |
