Sunoco, Inc. Executive Compensation Summary Sheet
Exhibit 10.20
Sunoco, Inc. Executive Compensation Summary Sheet
The following is a summary of the 2006 base salary, annual guideline incentive bonus opportunity under the Executive Incentive Plan, and long-term incentive awards (stock options and performance-based common stock units) under the Long-Term Performance Enhancement Plan II, of the named executive officers of Sunoco, Inc.:
Name/Title | Base Salary | Annual Guideline (% of Base Salary) | Stock Options1 | Performance- Based Common Stock Units1 | ||||||
John G. Drosdick Chairman, President and Chief Executive Officer | $ | 1,140,000 | 120 | % | 114,000 | 32,000 | ||||
Joel H. Maness Executive Vice President, Refining and Supply | $ | 550,000 | 75 | % | 31,200 | 8,600 | ||||
Thomas W. Hofmann Senior Vice President and Chief Financial Officer | $ | 500,000 | 70 | % | 25,000 | 6,860 | ||||
Robert W. Owens Senior Vice President, Marketing | $ | 465,750 | 70 | % | 23,500 | 6,460 | ||||
Bruce G. Fischer Senior Vice President, Sunoco Chemicals | $ | 414,000 | 65 | % | 21,000 | 5,630 | ||||
Charles K. Valutas Senior Vice President and Chief Administrative Officer | $ | 414,000 | 65 | % | 21,000 | 5,630 |
NOTE TO TABLE:
1 | The stock options and performance-based common stock units awarded for 2006 were granted in December 2005 under the Long-Term Performance Enhancement Plan II. |