Summary of Annual Base Salaries for Named Executive Officers of Worthington Industries, Inc.
This document outlines the annual base salaries approved for the named executive officers of Worthington Industries, Inc. for Fiscal Year 2011, effective June 1, 2010. The Compensation and Stock Option Committee of the Board of Directors set the base salaries for key executives, including the Chairman and CEO, President and COO, CFO, and division presidents. The document lists each executive's name, position, and approved base salary for the year.
Exhibit 10.35
ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS
OF WORTHINGTON INDUSTRIES, INC.
In June 2010, the Compensation and Stock Option Committee of the Board of Directors of Worthington Industries, Inc. approved the base salaries for the named executive officers for Fiscal Year 2011 identified below, which base salaries became effective June 1, 2010.
| Name and Principal Position | Base Salary | |||
| John P. McConnell Chairman of the Board and Chief Executive Officer | $
| 600,000 (no change | ) | |
| George P. Stoe President and Chief Operating Officer | $ | 566,000 |
| |
| B. Andrew Rose Vice President – Chief Financial Officer | $ | 380,000 |
| |
| Mark A. Russell President – The Worthington Steel Company | $ | 400,000 |
| |
| Harry A. Goussetis President – Worthington Cylinder Corporation | $ | 317,500 |
| |
