Summary of Named Executive Officer Base Salaries Effective June 1, 2012
This document lists the annual base salaries for the company's top executives, effective June 1, 2012. It names each executive officer and specifies their respective salary amounts. The agreement outlines the compensation for the President and CEO, CFO, Chief Administration Officer, General Counsel, and COO. There are no additional terms, conditions, or obligations specified beyond the salary figures.
Exhibit 10.1
Summary of Named Executive Officer Base Salaries
Effective as of June 1, 2012
Named Executive Officer | Annual Base Salary | |
Stephen M. Johnson President and Chief Executive Officer | $950,000 | |
Perry L. Elders Senior Vice President and Chief Financial Officer | $500,000 | |
Gary L. Carlson Senior Vice President and Chief Administration Officer | $375,000 | |
Liane K. Hinrichs Senior Vice President, General Counsel and Corporate Secretary | $455,000 | |
John T. McCormack Executive Vice President and Chief Operating Officer | $560,000 |