HomeFed Corporation Executive Officer Salary Approval (2014)

Contract Categories: Human Resources › Compensation Agreements
Summary

HomeFed Corporation's Compensation Committee approved annual salary increases for its executive officers, effective January 1, 2014. The officers affected include Paul J. Borden (President and CEO), John Kent Aden, Jr. (Vice President), Christian E. Foulger (Vice President), and Erin N. Ruhe (Vice President, Treasurer, and Controller). The agreement sets out the new base salaries for each executive for 2014.

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EX-10.1 2 ex10_1.htm EXHIBIT 10.1
Exhibit 10.1
 
Information Concerning Executive Compensation
 
On June 27, 2014, the Compensation Committee of HomeFed Corporation (the "Company") approved annual salary increases (effective as of January 1, 2014) for each of the Company's executive officers who were included as named executive officers in the Company's 2014 proxy statement.

Name and Title
 
Base Salary in 2014
 
 
 
Paul J. Borden
 
$364,656
President and
 
 
Chief Executive Officer
 
 
 
John Kent Aden, Jr.
 
$298,342
Vice President
 
 
 
 
 
Christian E. Foulger
 
$229,294
Vice President
 
 
 
 
 
Erin N. Ruhe
 
$218,794
Vice President,
 
 
Treasurer and Controller