Summary Sheet of Base Salary Increases for Executive Officers of Diamond Offshore Drilling, Inc. Effective October 1, 2007
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Summary
Diamond Offshore Drilling, Inc. increased the base salaries of four of its executive officers, effective October 1, 2007, as approved by the Compensation Committee. The officers and their new salaries are: Lawrence R. Dickerson ($720,000), Gary T. Krenek ($338,880), John L. Gabriel, Jr. ($425,600), and John M. Vecchio ($374,150). These changes were made in accordance with the terms of their existing employment agreements.
EX-10.21 3 h53142exv10w21.htm SUMMARY SHEET OF BASE SALARY INCREASES exv10w21
Exhibit 10.21
Summary Sheet of Base Salary Increases
Effective October 1, 2007 for
Certain Named Executive Officers
Effective October 1, 2007 for
Certain Named Executive Officers
On October 22, 2007, the Compensation Committee of the Board of Directors of Diamond Offshore Drilling, Inc. (the “Company”) increased the base salaries of the following executive officers of the Company, in accordance with the terms of their respective employment agreements, effective as of October 1, 2007, as follows:
| Named Executive Officer | Base Salary Effective October 1, 2007 | |||
Lawrence R. Dickerson | $ | 720,000 | ||
Gary T. Krenek | $ | 338,880 | ||
John L. Gabriel, Jr. | $ | 425,600 | ||
John M. Vecchio | $ | 374,150 | ||
