Summary of Compensation Arrangements for Named Executive Officers of Microsemi Corporation

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the annual base salaries for the top executives of Microsemi Corporation, including the CEO, COO, CFO, Chief Strategy Officer, and SVP of Human Resources. In addition to their base salaries, these executives are eligible to participate in company benefit plans and receive other personal benefits as detailed in related company filings and proxy statements. The agreement summarizes compensation terms but refers to other documents for full details on additional benefits and conditions.

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EX-10.10 2 msccex1010201210k.htm SUMMARY OF COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS MSCC EX 10.10 2012 10K


EXHIBIT 10.10
MICROSEMI CORPORATION
Summary of Compensation Arrangements for Named Executive Officers
Base Salaries. The current annual base salaries for the named executive officers of Microsemi Corporation (the “Company”) are as follows:
 
Name
  
Job Title
  
Base Salary
James J. Peterson
  
President and Chief Executive Officer
  
$
735,000

Ralph Brandi
  
Executive Vice President, Chief Operating Officer
  
$
487,400

John W. Hohener
  
Executive Vice President, Chief Financial Officer, Secretary and Treasurer
  
$
398,600

Steven G. Litchfield
  
Executive Vice President, Chief Strategy Officer
  
$
356,400

John M. Holtrust
  
Senior Vice President of Human Resources
  
$
311,300

Additional Compensation. In addition to the base salaries noted in the table above, the named executive officers are also entitled to participate in various Company plans, and are subject to other written agreements, in each case as set forth in exhibits to the Company's filings with the Securities and Exchange Commission. In addition, the named executive officers also receive certain perquisites and other personal benefits as disclosed in the Company's annual proxy statement.