Summary of Salaries for Named Executive Officers as of December 31, 2013
This document lists the annual salaries for the company's Chief Executive Officer and other top executives as of December 31, 2013. The salaries are determined by the Compensation Committee of the Board of Directors, and the executive officers serve at the Board's discretion. The summary includes the names, titles, and base salaries of five key executives, providing transparency about executive compensation within the company.
Exhibit 10.12
SUMMARY OF SALARIES FOR
NAMED EXECUTIVE OFFICERS
(as of December 31, 2013)
The following summarizes, as of December 31, 2013, the salaries of the Company’s Chief Executive Officer and the other officers who were named in the Summary Compensation Table in the proxy statement for the Company’s 2013 Annual Meeting of Stockholders (the “Named Executive Officers”).
The executive officers of the Company serve at the discretion of the Board of Directors. The Compensation Committee of the Board reviews and determines the salaries that are paid to the Company’s executive officers, including the Named Executive Officers.
| Named Executive Officer | Salary | |
| Steven G. Anderson | $664,000 | |
| Chairman of the Board, President, and Chief Executive Officer | ||
| D. Ashley Lee | $365,000 | |
| Executive Vice President, Chief Operating Officer, and Chief Financial Officer | ||
| Jeffrey W. Burris | $293,000 | |
| Vice President and General Counsel | ||
| David M. Fronk | $275,000 | |
| Vice President, Regulatory Affairs and Quality Assurance | ||
| Scott B. Capps | $270,000 | |
| Vice President, Clinical Research |
