Total System Services, Inc. Annual Base Salary Approval for Named Executive Officers (2007)
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Summary
Total System Services, Inc.'s Board of Directors, following the Compensation Committee's recommendation, approved new annual base salaries for its top executive officers effective January 1, 2007. The agreement lists the names, positions, and corresponding base salaries for the Chairman/CEO, President/COO, and three Senior Executive Vice Presidents. This document formalizes the company's executive compensation for the year 2007.
EX-10.29 3 g05204exv10w29.htm EX-10.29 SUMMARY OF ANNUAL BASE SALARIES OF NAMED EXECUTIVE OFFICERS EX-10.29 ANNUAL BASE SALARIES/ EXECUTIVE OFFICERS
Exhibit 10.29
TOTAL SYSTEM SERVICES, INC.
Annual Base Salaries for Named Executive Officers
Approved January 24, 2007
Annual Base Salaries for Named Executive Officers
Approved January 24, 2007
Upon the recommendation of the Compensation Committee, on January 24, 2007 the Board of Directors of Total System Services, Inc. approved the following base salaries for its named executive officers, effective January 1, 2007.
| Name | Position | Base Salary | ||||
Philip W. Tomlinson | Chairman of the Board and Chief Executive Officer | $ | 691,000 | |||
M. Troy Woods | President and Chief Operating Officer | $ | 500,000 | |||
William A. Pruett | Senior Executive Vice President and Chief Client Officer | $ | 416,000 | |||
Kenneth L. Tye | Senior Executive Vice President and Chief Information Officer | $ | 400,000 | |||
James B. Lipham | Senior Executive Vice President and Chief Financial Officer | $ | 347,500 | |||
