Summary of Named Executive Officer Compensation for Schweitzer-Mauduit International, Inc. (2009)
This document outlines the annual base salaries for the Chief Executive Officer and four other top executives of Schweitzer-Mauduit International, Inc. effective January 1, 2009. It clarifies that none of these executives have employment contracts with the company. The executives are also eligible to participate in various compensation plans and arrangements as detailed in the company's 2009 Proxy Statement.
Exhibit 10.18
SUMMARY OF NAMED EXECUTIVE OFFICER COMPENSATION
Effective as of January 1, 2009, the following are the annual base salaries of the Chief Executive Officer and the four other most highly compensated executive officers of Schweitzer-Mauduit International, Inc. No named executive officer has an employment contract with the company. The named executive officers participate in various compensation plans and other arrangements as described in the company’s 2009 Proxy Statement.
|
|
| Chairman, |
| Treasurer, Chief |
| President– |
| Chief Operating |
| President, |
| |||||
| 2009 Base Salary |
| US$ | 685,000 |
| US$ | 335,000 |
| US$ | 290,000 |
| US$ | 420,000 |
| E | 289,120 |
|
