ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS OF WORTHINGTON INDUSTRIES, INC.

EX-10.45 6 dex1045.htm SUMMARY OF ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS OF WOR Summary of Annual Base Salaries Approved for Named Executive Officers of WOR

Exhibit 10.45

ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS

OF

WORTHINGTON INDUSTRIES, INC.

Effective June 29, 2011, the Compensation and Stock Option Committee of the Board of Directors of Worthington Industries, Inc. approved the base salaries for the named executive officers identified below, which base salaries became effective June 26, 2011.

 

Name and Principal Position

    Base Salary  

John P. McConnell

   

Chairman of the Board and Chief Executive Officer

    $ 625,000   

George P. Stoe

   

President and Chief Operating Officer

    $ 600,000   

B. Andrew Rose

   

Vice President – Chief Financial Officer

    $ 400,000   

Mark A. Russell

   

President – The Worthington Steel Company

    $ 420,000   

Harry A. Goussetis, the other named executive officer of the Registrant for purposes of this Annual Report on Form 10-K, retired effective July 31, 2011. He received a $53,333 base salary for the months of June and July 2011.