Sunoco, Inc. Executive Compensation Summary Sheet

Contract Categories: Human Resources - Compensation Agreements
EX-10.18 5 dex1018.htm SUNOCO, INC. EXECUTIVE COMPENSATION SUMMARY SHEET. Sunoco, Inc. Executive Compensation Summary Sheet.

Exhibit 10.18

 

Sunoco, Inc. Executive Compensation Summary Sheet

 

The following is a summary of the 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. for 2005:

Name/Title


   Base Salary

   Annual Guideline
Incentive Bonus
Opportunity
Under the
Executive
Incentive Plan
(% of Base Salary)


  Stock
Options1


   Performance-
Based Common
Stock Units1


John G. Drosdick

Chairman, President and Chief Executive Officer

   $ 1,100,000    120%   118,000    31,640

Joel H. Maness

Senior Vice President, Refining and Supply

   $ 500,000    70%   32,800    8,780

Thomas W. Hofmann

Senior Vice President and Chief Financial Officer

   $ 475,000    70%   30,000    8,020

Robert W. Owens

Senior Vice President, Marketing

   $ 450,000    70%   28,200    7,560

Charles K. Valutas

Senior Vice President and Chief Administrative Officer

   $ 400,000    65%   24,900    6,660

 

NOTE TO TABLE:

 

1 The stock options and performance-based common stock units awarded for 2005 were granted in December 2004 under the Long-Term Performance Enhancement Plan II.