BASE SALARIES OF, AND OTHER ARRANGEMENTS WITH, NAMED EXECUTIVE OFFICERS
EX-10.1 2 exhibit101basesalaries.htm EXHIBIT Exhibit101BaseSalaries
EXHIBIT 10.1
BASE SALARIES OF, AND OTHER ARRANGEMENTS WITH,
NAMED EXECUTIVE OFFICERS
Effective April 1, 2014, the annual base salaries for the Named Executive Officers set forth in the Company’s proxy statement dated March 14, 2014 are as follows:
Mario Longhi | President & Chief Executive Officer | $1,215,000 |
David B. Burritt | Executive Vice President & Chief Financial Officer | $721,000 |
George F. Babcoke | Senior Vice President – European Operations, and President USSK | $562,000 |
Michael S. Williams | Senior Vice President – Strategic Planning & Business Development | $562,000 |
Douglas R. Matthews | Senior Vice President – North American Flat-Rolled Operations | $525,000 |
The following perquisites are also available to the Named Executive Officers listed above: personal use of corporate aircraft and automobiles; club memberships; financial planning and tax preparation services; company-paid physicals; limited personal use of corporate properties; tickets to entertainment and sporting events; matching contributions to charities; relocation expenses and residential and personal security services; and, in the case of executives on foreign assignment, foreign service premiums, the services of a driver, housing and utility benefits, foreign service cost of living adjustment and allowances for communications and home leave. Additionally, there are tax gross ups and reimbursements associated with foreign service.
