Named Executive Officer Merit Increases Effective January 30, 2006
This document lists the annual base salary increases for several named executive officers of the company, effective January 30, 2006. The officers include the Chairman, President and CEO, as well as other executive vice presidents and division presidents. The agreement specifies the new annual base salaries for each executive, reflecting their merit-based pay adjustments.
Exhibit 10.4
Named Executive Officer Merit Increases
Effective January 30, 2006
| NAME / TITLE | 2006 ANNUAL BASE SALARY | ||
| Neil S. Novich Chairman, President and Chief Executive Officer | $ | 825,000 | |
| Jay M. Gratz Executive Vice President, Chief Financial Officer and President – Ryerson Tull Coil Processing | $ | 510,000 | |
| Gary J. Niederpruem Executive Vice President | $ | 510,000 | |
| James M. Delaney President – Customer Solutions Team and Chief Procurement Officer | $ | 272,000 | |
| Stephen E. Makarewicz President – Ryerson Tull South | $ | 295,000 | |
