Huron Consulting Group Inc. Executive Officers’ Compensation Summary Sheet for 2005 and 2006
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Summary
This summary sheet outlines the base salaries and performance-based bonus targets for executive officers of Huron Consulting Group Inc. for 2005 and 2006. It details compensation for key executives, including the CEO, CFO, and other vice presidents, and notes an approved increase in salary and bonus target for the Vice President of Operations effective August 1, 2006. Bonuses are based on performance, with no guaranteed minimums after 2005. The document serves as an official record of executive compensation as of September 30, 2006.
EX-10.24 2 exh10-24.htm EXHIBIT 10.24 - EXECUTIVE OFFICERS' COMPENSATION FOR 2005 AND 2006 SUMMARY SHEET AS OF SEPTEMBER 30, 2006 Exhibit 10.24 - Executive Officers' Compensation for 2005 and 2006 Summary Sheet as of September 30, 2006
EXHIBIT 10.24
HURON CONSULTING GROUP INC.
EXECUTIVE OFFICERS’ COMPENSATION FOR 2005 AND 2006
SUMMARY SHEET AS OF SEPTEMBER 30, 2006
During the quarter ended September 30, 2006, the board of directors of Huron Consulting Group Inc. (the “Company”) approved an increase in the base salary and bonus target for the Company’s Vice President of Operations and Assistant Secretary, Daniel P. Broadhurst. This executive officers’ compensation summary sheet updates the one previously filed with the Company’s quarterly report on Form 10-Q for the period ended March 31, 2006.
| Name | Position | Year | Base Salary | Bonus (1,2) |
| Gary E. Holdren | Chairman of the Board, Chief Executive Officer and President | 2005 2006 | $800,000 $800,000 | $925,000 $850,000 |
| Daniel P. Broadhurst | Vice President of Operations and Assistant Secretary | 2005 2006 | $485,000 $500,000 (3) | $315,000 $400,000 (3) |
| Gary L. Burge | Vice President, Chief Financial Officer, and Treasurer | 2005 2006 | $275,000 $325,000 | $250,000 $200,000 |
| Natalia Delgado | Vice President, General Counsel and Corporate Secretary | 2005 2006 | $300,000 $300,000 | $150,000 $150,000 |
| Mary M. Sawall | Vice President, Human Resources | 2005 2006 | $275,000 $275,000 | $225,000 $150,000 |
(1) Bonuses are performance-based and there is no stated maximum. 2005 bonuses were paid during the first quarter of 2006. 2006 bonuses are based on targets and actual amounts paid may be greater or smaller.
(2) During 2005, Messrs. Holdren and Broadhurst were paid guaranteed bonuses in the amount of $42,000 and $27,000, respectively. After 2005, none of the aforementioned executive officers will receive a guaranteed minimum bonus.
(3) Effective August 1, 2006, Mr. Broadhurst’s anuual base salary was increased from $485,000 to $500,000 on a prospective basis. Additionally, Mr. Broadhurst’s annual bonus target was increased from $260,000 to $400,000, which will be applied to the full year 2006.
