Quiksilver, Inc. Executive Officer Base Salary Approval for Fiscal 2010
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Summary
Quiksilver, Inc.'s Compensation Committee approved new annual base salaries for its executive officers, effective November 1, 2009, for fiscal year 2010. The agreement lists the base salaries for the CEO, CFO, Chief Administrative Officer, and Presidents of Quiksilver Europe and Americas. Pierre Agnes's salary is paid in euros but disclosed in U.S. dollars for reporting purposes. This document formalizes the compensation terms for these key executives for the specified fiscal year.
EX-10.47 6 a54776exv10w47.htm EX-10.47 exv10w47
Exhibit 10.47
On December 15, 2009, the Compensation Committee of the Board of Directors of Quiksilver, Inc. (the “Company”) approved new annual base salaries (effective as of November 1, 2009) for certain of the Company’s executive officers. The following table sets forth the annual base salary levels of the Company’s executive officers for fiscal 2010:
| Name and Position | Fiscal Year | Base Salary | ||||||
Robert B. McKnight, Jr., | 2010 | $ | 1,000,000 | |||||
Chief Executive Officer and President | ||||||||
Joseph Scirocco, | 2010 | $ | 550,000 | |||||
Chief Financial Officer | ||||||||
Charles S. Exon, | 2010 | $ | 500,000 | |||||
Chief Administrative Officer, Secretary and General Counsel | ||||||||
Pierre Agnes, | 2010 | $ | 475,000 | (1) | ||||
President — Quiksilver Europe | ||||||||
Craig Stevenson, | 2010 | $ | 475,000 | |||||
President — Quiksilver Americas | ||||||||
| (1) | Mr. Agnes’s base salary is paid in euros, but has been translated into U.S. dollars at an exchange rate of 1.30 dollars per euro for purposes of this disclosure. |
