Summary of Compensation for Named Executive Officers of Hooker Furniture Corporation (FY 2008)
This document lists the annual salaries for the named executive officers of Hooker Furniture Corporation for the fiscal year ending in 2008. It identifies each executive by name and position, along with their respective base salary amounts. The Compensation Committee has not yet determined the bonus potential or set specific performance goals for the annual bonus program for this period.
Exhibit 10.1(c)
Form 10-K for the Fiscal Year Ended November 30, 2006
SUMMARY OF COMPENSATION FOR NAMED EXECUTIVE OFFICERS
| Name and Principal Position | Fiscal 2008 Salary | ||
| Paul B. Toms, Jr., Chairman, Chief Executive Officer and President | $ | 297,420 | |
| E. Larry Ryder, Executive Vice President – Finance and Administration | 240,000 | ||
| Michael P. Spece, Executive Vice President – Merchandising and Design | 240,000 | ||
| C. Scott Young, President and Chief Executive Officer – Bradington-Young, LLC | 259,056 | ||
| Raymond T. Harm, Senior Vice President – Sales | 214,200 | ||
The Compensation Committee of the Board of Directors of Hooker Furniture Corporation has not yet approved the bonus potential for the executive officers of the Company or a specific performance goal under the Company’s annual bonus program for the fiscal year ending February 3, 2008.
