EXECUTIVE COMPENSATION ARRANGEMENTS

Contract Categories: Human Resources - Compensation Agreements
EX-10.6 3 dex106.htm DESCRIPTION OF EXECUTIVE COMPENSATION ARRANGEMENTS Description of Executive Compensation Arrangements

EXHIBIT 10.6

EXECUTIVE COMPENSATION ARRANGEMENTS

In December 2006, the Compensation Committee of the Board of Directors of WMS Industries Inc. (the “Company”) and the independent members of the Board of Directors of the Company approved the following base salaries to be paid for calendar year 2007 effective December 24, 2006, to the individuals listed below who were listed as “named executive officers” in the Company’s proxy statement for the 2006 annual meeting of stockholders:

 

Name   

Title

   2007 Salary
Brian R. Gamache    President and Chief Executive Officer    $809,000
Orrin J. Edidin    Executive Vice President and Chief Operating Officer    $513,000
Scott D. Schweinfurth    Executive Vice President and Chief Financial Officer    $471,000
Kathleen J. McJohn    Vice President, General Counsel and Secretary    $325,000
Patricia Barten    Senior Vice President, Manufacturing Supply Chain and Business Processes of WMS Gaming Inc    $299,000