Owens & Minor, Inc. Executive Base Salary and Equity Grant Schedule for 2005

Summary

Owens & Minor, Inc. has set new annual base salaries and granted stock options and restricted stock to its top executives, including the CEO, President, and Senior Vice Presidents. The agreement lists each executive's revised salary and the number of stock options and restricted shares awarded, with all options granted at the company's closing stock price on April 28, 2005. This document formalizes compensation adjustments for the named officers for the year.

EX-10.1 2 dex101.htm BASE SALARY LEVELS BASE SALARY LEVELS

Exhibit 10.1

 

OWENS & MINOR, INC.

REVISED BASE SALARIES AND STOCK OPTION AND RESTRICTED STOCK

GRANTS TO NAMED EXECUTIVE OFFICERS

 

Name (1)    


 

Title


  

Revised

Annual

Base

Salary


  

Stock

Option

Grants

(shares)(2)


  

Restricted

Stock

Grants

(shares) 


G. Gilmer Minor, III

  Chairman and Chief Executive Officer    $ 780,207    37,500    2,800

Craig R. Smith

  President and Chief Operating Officer    $ 614,100    37,500    2,800

Mark Van Sumeren

  Senior Vice President, OMSolutions    $ 408,000    9,375    700

Jeffrey Kaczka

  Senior Vice President and Chief Financial Officer    $ 364,000    5,625    400

(1) Henry A. Berling, the Registrant’s other named executive officer, retired from the Registrant on January 1, 2005.
(2) All stock options were granted at an exercise price of $29.58, the closing price of Owens & Minor, Inc. common stock on 4/28/05 (the date of issuance).