Kodak 2005 Annual Report Download - page 181

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SUMMARY COMPENSATION TABLE
The individuals named in the following table are the Company’s current and retired CEOs who served during 2005 and the four other most highly
compensated executive offi cers under Item 402(a)(3) of Regulation S-K during 2005, including one retired offi cer. These six executive offi cers are
sometimes referred to as the “named executive offi cers” in this Proxy Statement. Messrs. Carp and Masson retired from the Company on
January 1, 2006 and January 2, 2006, respectively. The fi gures shown include both amounts paid and amounts deferred.
nExecutive Compensation
Annual Compensation Long-Term Compensation
Awards Payouts
Other Restricted Securities
Name and Annual Stock Underlying LTIP All Other
Principal Position Year Salary(a) Bonus(b) Compensation(c) Awards(d) Options/SARs(e) Payouts(f) Compensation(g)
A. M. Perez 2005 $ 1,049,554 $ 2,358,434 $ 1,477,987 $ 1,594,200 435,000 $ 464,100 $ 0
Chairman & CEO 2004 1,010,030 1,242,618 69,240 0 90,130 0 0
2003 648,269 819,000 18,573 4,143,500 551,500 478,899 0
R. H. Brust 2005 751,623 818,611 55,824 710,640 80,333 106,756 491,550
Exec. VP & CFO 2004 765,631 686,384 — 0 18,000 0 515,800
2003 676,577 585,446 — 0 14,400 368,986 434,100
P. J. Faraci 2005 473,464 547,302 28,006 0 83,440 0 6,150
Sr. VP
J. T. Langley 2005 499,873 838,050 40,208 0 83,440 87,256 6,150
Sr. VP 2004 507,846 606,332 — 0 16,750 0 6,000
2003 155,288 134,947 — 313,950 13,400 0 1,827
Retired Offi cers
D. A. Carp 2005 1,105,904 2,591,600 227,118 0 199,667 795,600 0
Retired Chairman & CEO 2004 1,138,328 2,172,988 155,548 0 108,000 0 0
2003 1,080,769 1,909,600 15,916 0 72,000 883,670 0
B. V. Masson 2005 638,868 462,231 10,741 0 79,750 106,756 0
Retired Sr. VP 2004 655,248 627,785 — 0 21,600 0 0
2003 480,192 501,783 — 472,800 14,400 250,409 0
(a) Salary Twenty-six pay periods fell within 2005, rather than 27 as in 2004. As a result, the salary amounts for four named executives,
R. H. Brust, J. T. Langley, D. A. Carp and B. V. Masson, are lower than they were in 2004. A. M. Perez’s salary increased during 2005 as a
result of his promotion to CEO effective June 1, 2005.
(b) Bonus This column shows Executive Compensation for Excellence and Leadership Plan (EXCEL) awards for services performed, not paid, in
each year indicated. For A. M. Perez, the bonus amount in 2005 also includes a cash award of $150,000 in connection with his promotion to CEO
effective June 1, 2005. For P. J. Faraci, for 2005, the amount includes a signing bonus of $50,000 paid under the terms of his November 3, 2004
offer letter which is described on page 33. For J. T. Langley for 2003, 2004 and 2005, the amounts include a cash sign-on bonus of $25,000
paid under the terms of his August 12, 2003 offer letter, which is described on page 33; and for 2004 and 2005, the amounts include payments
of $200,000 and $300,000, respectively, under the terms of the individual long-term bonus plan contained in his August 12, 2003 offer letter.
For B. V. Masson for 2003, the amount includes a one-time performance-based bonus of $41,450 as provided for under his November 7, 2002
offer letter.
(c) Other Annual Compensation The amounts in this column include tax reimbursements and perquisites and other personal benefi ts where the
total incremental cost of all perquisites and other personal benefi ts exceeds the lesser of $50,000 or 10% of each executive’s salary and bonus