LIN TV Corp. 2008 Executive Compensation Summary for Named Officers
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Summary
LIN TV Corp. outlines the 2008 base salaries and target cash bonuses for its top executives, including the President and CEO, Executive Vice Presidents, CFO, and General Counsel. Base salaries and target bonuses are specified for each executive, with bonuses contingent on meeting certain strategic and performance objectives as detailed in their individual employment agreements. This summary provides a snapshot of executive compensation as of March 14, 2008.
EX-10.10 3 d54032exv10w10.htm SUMMARY OF EXECUTIVE COMPENSATION ARRANGEMENTS exv10w10
Exhibit 10.10
LIN TV Corp.
Summary of Executive Compensation
As of March 14, 2008, the 2008 base salaries of each of the named executive officers of LIN TV Corp. were as follows:
Name of Executive | Title of Executive | Base Salary | ||||
Vincent L. Sadusky | President and Chief Executive Officer | $500,000 | ||||
Scott M. Blumenthal | Executive Vice President Television | 386,250 | ||||
Bart W. Catalane | Sr. Vice President Chief Financial Officer | 257,500 | ||||
Denise M. Parent | Vice President General Counsel and Secretary | 283,250 | ||||
Gregory M. Schmidt | Executive Vice President Digital Media | 412,000 |
The 2008 target bonuses for each executive are established and outlined in more detail in his or her employment agreement incorporated by reference as Exhibits to our Annual Report on Form 10-K for the year ended December 31, 2007. The bonuses will be determined based upon the achievement of certain strategic objectives, including performance targets and other subjective factors.
As of March 14, 2008, the 2008 target bonus of each of the executive officers of LIN TV Corp. was as follows:
2008 Target Cash | ||||||
Name of Executive | Title of Executive | Bonus | ||||
Vincent L. Sadusky | President and Chief Executive Officer | $500,000 | ||||
Scott M. Blumenthal | Executive Vice President Television | 200,000 | ||||
Bart W. Catalane | Sr. Vice President Chief Financial Officer | 150,000 | ||||
Denise M. Parent | Vice President General Counsel and Secretary | 150,000 | ||||
Gregory M. Schmidt | Executive Vice President Digital Media | 175,000 |