Sunoco Partners LLC 2011 Executive Compensation Summary Sheet
This document provides a summary of the 2011 base salaries for certain executive officers of Sunoco Partners LLC, as approved by the company's Compensation Committee. It lists the names, titles, and base salaries for the year, noting that some executives are employees of Sunoco, Inc., and their compensation is determined by Sunoco, Inc.'s Compensation Committee, not Sunoco Partners LLC. The summary is intended to disclose executive compensation information for transparency and regulatory purposes.
Exhibit 10.15
Sunoco Partners LLC
Executive Compensation Summary Sheet
for 2011
The table below presents 2011 summary information for named executive officers of Sunoco Partners LLC, with regard to annual base salary.
2011 EXECUTIVE COMPENSATION1
Name and Title | 2011 Base Salary ($) | |
Lynn L. Elsenhans Chairman and Chief Executive Officer | n/a | |
Brian P. MacDonald Vice President and Chief Financial Officer | n/a | |
Michael J. Hennigan President and Chief Operating Officer | $488,300 | |
David A. Justin Vice President, Operations | $285,455 |
Notes to table:
(1) | The base salaries shown in the foregoing table were approved at the January 27, 2011 meeting of the Compensation Committee of the Board of Directors of Sunoco Partners LLC. Ms. Elsenhans and Mr. MacDonald are employees of Sunoco, Inc. The Compensation Committee of Sunocos Board of Directors sets the components of their compensation, including base salary. Sunoco Partners LLC has no control over this compensation determination process. |