Officer Compensation Table for 2007 – Base Salaries and 2006 Bonuses for Executive Officers
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Summary
This document outlines the base salaries for the CEO and five other executive officers of the company, effective January 1, 2007, as approved by the Compensation Committee and Board of Directors. It also lists the short-term incentive bonuses paid to these officers for their 2006 performance, which were all zero. The agreement details the names, positions, and compensation amounts for each officer.
EX-10.D.76 10 exhibit_10d76.htm EXHIBIT 10.D.76 Exhibit 10.d.76
Exhibit 10.d.76
Officer Compensation Table
In December 2006 the Compensation Committee approved a base salary adjustment for the CEO and recommended base salary increases ranging from three to five percent for five other officers of the Company, effective January 1, 2007. The Board of Directors approved the non-CEO officer base salary increases in December 2006, effective January 1, 2007. Officer salaries as of January 1, 2007 and short-term incentive bonuses paid for 2006 performance are as set forth below:
| Name and Principal Position | 2007 Salary | 2006 Short-Term Incentive Bonuses |
| Christopher L. Dutton President and Chief Executive Officer | $381,100 | $0 |
| Mary G. Powell Senior Vice President and Chief Operating Officer | $278,100 | $0 |
| Robert J. Griffin Vice President, Power Supply and Risk Management | $199,820 | $0 |
| Donald J. Rendall, Jr. Vice President, General Counsel and Corporate Secretary | $197,760 | $0 |
| Walter S. Oakes Vice President - Field Operations | $161,710 | $0 |
| Dawn D. Bugbee Vice President, Chief Financial Officer & Treasurer | $183,750 | $0 |
