Titan Machinery Inc. Executive Officer Compensation Arrangements for Fiscal Year 2015
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Summary
Titan Machinery Inc.'s Board of Directors has approved the annual base salaries for its executive officers for the 2015 fiscal year. The agreement specifies that David J. Meyer (Board Chair and CEO) and Peter J. Christianson (President and Director) will each receive a base salary of $500,000, while Mark P. Kalvoda (Chief Financial Officer) will receive $300,000. This arrangement outlines the compensation terms for these key executives for the specified fiscal year.
EX-10.39 3 titn-2014131xex1039.htm EX-10.39 TITN-2014.1.31-EX10.39
EXHIBIT 10.39
TITAN MACHINERY INC.
COMPENSATION ARRANGEMENTS FOR EXECUTIVE OFFICERS
FOR FISCAL YEAR 2015
The Titan Machinery Inc. Board of Directors approved the 2015 fiscal year base salaries for the executive officers as set forth below.
Executive Officer and Title | 2015 Annual Base Salary | |||
David J. Meyer | ||||
Board Chair and Chief Executive Officer | $ | 500,000 | ||
Peter J. Christianson | ||||
President and Director | $ | 500,000 | ||
Mark P. Kalvoda | ||||
Chief Financial Officer | $ | 300,000 | ||
