Schedule of 2009 Annual Incentive Bonus Compensation Payouts and 2009 and 2010 Base Salaries for Named Executive Officers of Education Realty Trust, Inc.
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Summary
This document lists the 2009 and 2010 base salaries and 2009 annual incentive bonus payouts for certain executive officers of Education Realty Trust, Inc. It details the compensation amounts for each named executive, including changes in employment status and appointments. The bonuses were paid under the company's Incentive Compensation Plan for Executive Officers. The schedule also notes retirements, resignations, and new appointments among the executives during the period covered.
EX-10.46 13 v177329_ex10-46.htm
Exhibit 10.46
Schedule of 2009 Annual Incentive Bonus Compensation Payouts
and 2009 and 2010 Base Salaries for Named Executive Officers
| Named Executive Officer | 2009 Base Salary | 2010 Base Salary | 2009 Annual Incentive Bonus Compensation (1) | |||||||||
| Paul O. Bower (2) | $ | 375,000 | – | $ | 258,000 | |||||||
| Randall H. Brown | $ | 253,000 | $ | 258,060 | $ | 219,604 | ||||||
| Craig L. Cardwell (3) | $ | 197,000 | – | $ | 143,416 | |||||||
| Randy Churchey (4) | – | $ | 400,000 | – | ||||||||
| Thomas J. Hickey | $ | 168,500 | $ | 140,000 | $ | 69,338 | ||||||
| Thomas Trubiana | $ | 190,000 | $ | 193,800 | $ | 164,920 | ||||||
(1) Amounts listed in this column reflect annual incentive cash bonuses paid pursuant to the Incentive Compensation Plan for Executive Officers.
(2) Effective December 31, 2009, Mr. Bower retired from the offices of President and Chief Executive Officer of Education Realty Trust, Inc.
(3) Effective February 12, 2010, Mr. Cardwell concluded his employment with Education Realty Trust, Inc. by resigning from the offices of Executive Vice President of Education Realty Trust, Inc. and President of Allen & O’Hara Education Services, Inc.
(4) Effective January 1, 2010, the Board of Directors appointed Randy Churchey to serve as President and Chief Executive Officer of Education Realty Trust, Inc.
