Zale Corporation Executive Officer Base Salary and Target Bonus Schedule for Fiscal Year 2006
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document lists the annual base salaries and target bonus percentages for the Chief Executive Officer and four other top executive officers of Zale Corporation for the fiscal year ending July 31, 2006. It specifies each executive's name, position, base salary, and the percentage of base salary that serves as their target bonus under the company's executive bonus program. The agreement outlines compensation terms but does not include additional employment terms or conditions.
EX-10.15 2 d29042exv10w15.htm BASE SALARIES OF NAMED EXECUTIVE OFFICERS exv10w15
Exhibit 10.15
BASE SALARY AND TARGET BONUS
FOR THE NAMED EXECUTIVE OFFICERS
FOR THE NAMED EXECUTIVE OFFICERS
The following table sets forth the annual base salaries and of the Chief Executive Officer and the four other most highly compensated executive officers of Zale Corporation (the “Company”) for the fiscal year ending July 31, 2006, and the target bonus for each such executive officer under the Company’s executive bonus program as a percentage of annual base salary.
| Name | Base Salary | Target Bonus % | ||||||
Mary L. Forté President and Chief Executive Officer | $ | 800,000 | 125 | % | ||||
Sue E. Gove Executive Vice President, Chief Operating Officer | $ | 650,000 | 100 | % | ||||
Mark R. Lenz Group Senior Vice President, Chief Financial Officer | $ | 275,000 | 50 | % | ||||
Paul G. Leonard Group Senior Vice President and President, Zales Jewelers | $ | 375,000 | 40 | % | ||||
Peter B. Feigenbaum Senior Vice President, Upstream Supply Chain | $ | 250,000 | 32.5 | % | ||||
For additional information regarding the compensation of the Company’s executive officers, please refer to the information under the heading “Executive and Director Compensation” in the Company’s Definitive Proxy Statement on Schedule 14A, which has been filed with the Securities and Exchange Commission
