Named Executive Officer and Director Compensation Schedule for H.J. Heinz Company (2007)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the annual salaries for key executives of H.J. Heinz Company, including the Chairman, President, and other senior officers, as well as the compensation structure for non-employee directors effective June 1, 2007. Executives receive specified base salaries, while non-employee directors are compensated with cash, restricted stock units, and additional retainers for committee chairs. The agreement details the amounts and roles but does not specify further terms or conditions.

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EX-10.A.XXIII 3 l25187aexv10wawxxiii.htm EX-10(A)(XXIII) EX-10(A)(XXIII)  

     
 
  Exhibit 10(a)(xxiii)
 
   
Named Executive Officer Salaries
               
 
Name
    Amount  
 
William R. Johnson
Chairman, President, and Chief Executive Officer
    $ 1,150,000    
 
Jeffrey P. Berger
Executive Vice President — Chairman Global Foodservice
    $ 540,750    
 
David C. Moran
Executive Vice President — President & Chief Executive Officer of Heinz North America
    $ 620,000    
 
D.E.I. Smyth
Senior Vice President — Chief Administrative Officer
    $ 489,071    
 
Arthur B. Winkleblack
Executive Vice President and Chief Financial Officer
    $ 595,000    
 
Director Compensation
Effective June 1, 2007, non-employee directors receive the following annual compensation:
•   $85,000 in cash and 3,000 restricted stock units payable in Common Stock.
•   $15,000 retainer for the chairs of the Audit and Management Development and Compensation Committees.
•   $10,000 retainer for the chairs of the Corporate Social Responsibility and Corporate Governance Committees.