Name and Position Salary Douglas B. Mackie (President and CEO) $ 420,000 Deborah A. Wensel (SVP and CFO) $ 255,000 Richard M. Lowry (EVP and COO) $ 410,000 David E. Simonelli (VP, Special Projects Manager) $ 175,000 Kyle D. Johnson (VP, Chief Contract Manager) $ 160,000

EX-10.26 4 a07-5615_1ex10d26.htm EX-10.26

Exhibit 10.26

Summary of Oral Employment Agreements with Named Executive Officers

On February 7, 2007 the Compensation Committee of Great Lakes Dredge & Dock Corporation approved the 2007 annual base salaries of the Company’s named executive officers after review of performance and competitive market data.  The following table sets forth the annual base salary levels for 2007 of the Company’s five named executive officers.

 

Name and Position

 

Salary

 

 

 

 

 

Douglas B. Mackie (President and CEO)

 

$

420,000

 

Deborah A. Wensel (SVP and CFO)

 

$

255,000

 

Richard M. Lowry (EVP and COO)

 

$

410,000

 

David E. Simonelli (VP, Special Projects Manager)

 

$

175,000

 

Kyle D. Johnson (VP, Chief Contract Manager)

 

$

160,000