Summary Sheet of Salary Actions Affecting Named Executive Officers of Nash-Finch Company
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
Nash-Finch Company's Compensation Committee approved increases in the annual base salaries of two named executive officers, Bruce A. Cross and Kathleen E. McDermott, effective July 18, 2005. Bruce A. Cross's salary was raised from $270,000 to $300,000, and later to $315,000 following his promotion. Kathleen E. McDermott's salary increased from $285,000 to $295,000. No changes were made to the salaries of other listed executive officers. This document outlines the approved salary adjustments and related actions.
EX-10.1 2 c99844exv10w1.htm SUMMARY SHEET OF SALARY ACTIONS AFFECTING NAMED EXECUTIVE OFFICERS exv10w1
Exhibit 10.1
SUMMARY SHEET OF SALARY ACTIONS AFFECTING
NAMED EXECUTIVE OFFICERS
NAMED EXECUTIVE OFFICERS
On July 18, 2005, the Compensation Committee of the Board of Directors of Nash-Finch Company reviewed officer compensation and approved increases in annual base salaries for the following named executive officers:
| Previous | New | |||||||
| Named Executive Officer(1) | Base Salary | Base Salary | ||||||
Bruce A. Cross | $ | 270,000 | $ | 300,000 | (2) | |||
Senior Vice President, Business Transformation | ||||||||
Kathleen E. McDermott | $ | 285,000 | $ | 295,000 | ||||
Senior Vice President, General Counsel & Secretary | ||||||||
| (1) | No changes were made to the annual base salaries for Ron Marshall, Chief Executive Officer, James M. Patitucci, Executive Vice President, Merchandising and Marketing, and Michael J. Lewis, Executive Vice President, Retail Strategy. | |
| (2) | As reported in a Current Report on Form 8-K filed August 15, 2005, Mr. Cross’ annual base salary was subsequently increased to $315,000 effective August 10, 2005 in connection with his promotion to Executive Vice President, Merchandising. |
