Summary of Executive Compensation for Unitrin, Inc. Named Executive Officers (2005–2006)
This document outlines the compensation details for Unitrin, Inc.'s top executives for 2005 and 2006. It lists the base salaries, cash bonuses paid for 2005 (payable in 2006), and the number of stock options granted in 2006 under the company's stock option plans. The named executives include the CEO, President, CFO, General Counsel, and Chief Accounting Officer. The summary provides transparency regarding executive pay and incentives for the specified years.
Summary of Unitrin, Inc.
Named Executive Officer Compensation
Name and Title | 2005 Base Salary ($) | 2005 Base Salary ($) | 2005 Bonus ($)(1) | 2006 Stock Option Grant (#)(2) |
Richard C. Vie Chairman of the Board & Chief Executive Officer | 1,000,000 | 1,000,000 | 605,000 | 100,000 |
Donald G. Southwell President & Chief Operating Officer | 825,000 | 900,000 | 499,125 | 100,000 |
Eric J. Draut Executive Vice President & Chief Financial Officer | 600,000 | 650,000 | 363,000 | 50,000 |
Scott Renwick Senior Vice President, General Counsel & Secretary | 410,000 | 450,000 | 248,050 | 25,000 |
Richard Roeske Vice President & Chief Accounting Officer | 235,000 | 260,000 | 70,000 | 15,000 |
(1) Cash bonus for 2005 payable in 2006.
(2) Number of shares of the Company's common stock subject to the options granted pursuant to the 1997 or 2002 Stock Option Plan.