Titan Machinery Inc. 2014 Executive Officer Compensation Arrangements
Titan Machinery Inc.'s Board of Directors approved the annual base salaries for its executive officers for the 2014 fiscal year. The agreement lists the base salaries for David J. Meyer (Chairman and CEO), Peter J. Christianson (President and COO), and Mark P. Kalvoda (CFO). This document sets the compensation terms for these officers for the specified year.
EXHIBIT 10.39
TITAN MACHINERY INC.
COMPENSATION ARRANGEMENTS FOR EXECUTIVE OFFICERS
FOR FISCAL YEAR 2014
The Titan Machinery Inc. Board of Directors approved the 2014 fiscal year base salaries for the executive officers as set forth below.
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|
| 2014 Annual |
| |
| Executive Officer and Title |
| Base Salary |
| |
| David J. Meyer |
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|
| |
| Chairman and Chief Executive Officer |
| $ | 500,000 |
|
|
|
|
|
| |
| Peter J. Christianson |
|
|
| |
| President and Chief Operating Officer |
| $ | 500,000 |
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| Mark P. Kalvoda |
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|
| |
| Chief Financial Officer |
| $ | 255,000 |
|
