Sunoco, Inc. 2006 Executive Compensation Summary Sheet
This document outlines the 2006 compensation details for Sunoco, Inc.'s top executives. It lists each executive's base salary, the percentage of base salary eligible as an annual incentive bonus under the Executive Incentive Plan, and the number of stock options and performance-based stock units awarded under the Long-Term Performance Enhancement Plan II. The summary provides a clear overview of the compensation structure for the company's named executive officers for the year 2006.
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. |
