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49
COMPENSATION OF NAMED EXECUTIVE OFFICERS
SUMMARY COMPENSATION TABLE
The table below summarizes the total compensation of each of our Named Executive Officers (NEO) for 2006, 2007 and 2008.
Name and
Principal
Position Year Salary (1) Bonus
Stock
Awards (2)
Option
Awards (3)
Non-Equity
Incentive
Plan
Comp. (4)
Change in
Pension
Value and
Non-
qualified
Deferred
Comp.
Earnings (5)
All Other
Comp. (6) Total
2008 $1,096,168 $ 1,256,622 $2,560,101
$—
$3,438,295 $ 285,442 $8,636,628
2007 1,096,168 1,515,177 2,444,914
3,324,750
519,560 377,865 9,278,434
A.M. Perez
Chairman &
CEO 2006 1,096,168 $690,525(7) 1,801,792(8) 1,704,007
3,214,598 269,020 8,776,110
2008 597,911 599,729 611,143
119,720 10,369 1,938,872
2007 597,911 649,584 383,486
900,000
104,165 37,504 2,672,650
F.S. Sklarsky
EVP&CFO
(9)
2006 91,986 75,000(10) 74,781 78,333
18,303 2,539 340,942
2008 697,561 193,936 536,849
341,208 27,947 1,797,501
2007 606,879 257,987 503,845
1,066,158
386,094 31,362 2,852,325
P.J. Faraci
President &
COO 2006 518,188 130,572(7) 179,631 381,227
319,305 42,614 1,571,537
2008 488,293 446,508 613,015
517 10,904 1,559,237
2007 488,293 234,000 616,539
637,980
4,093 2,653 1,983,557
M.J. Hellyar
EVP &
President,
FPEG 2006 484,843 130,634(7) 211,734 279,322
1,102,430 10,349 2,219,312
R.L. Berman
SVP & CHRO 2008 383,658 112,065 267,163
100,757 6,117 869,760
Former Executive
2008 114,983 —
116,293 918,424(12) 1,149,700
2007 498,258 199,394 520,455
785,750(13)
212,069 54,486 2,270,412
J.T. Langley
Former SVP(11)
2006 498,258 150,550(14) 160,299 291,079
490,000
171,160 58,400 1,819,746
(1) This column reports base salary earned by each of our Named Executive Officers. See page 38 of this Proxy Statement for a
discussion and analysis of base salary levels.
(2) This column reports the compensation cost recognized by the Company for financial statement reporting purposes in accordance
with SFAS 123R, without any reduction for risk of forfeiture, for all stock awards (including Leadership Stock, restricted stock,
restricted stock units and 2006 Executive Performance Share Program (EPSP) shares) during each year reported. The value
disclosed represents the annual aggregate expense for stock awards granted in 2008 and in prior years as compensation cost is
recognized for financial reporting purposes over the period in which the employee is required to provide service in exchange for
the award. Compensation cost is initially measured based on the grant date fair value of an award, determined pursuant to SFAS
123R without any reduction for risk of forfeiture. The assumptions used to calculate the value of the awards are the same as
those used for our stock-based compensation disclosure in Note 20 to our financial statements in our Annual Report on Form 10-
K for the year ended December 31, 2008, as filed with the SEC on February 27, 2009.
(3) This column reports the compensation cost recognized by the Company for financial statement reporting purposes in accordance
with SFAS 123R, without any reduction for risk of forfeiture, in each year reported related to stock options, including stock
options granted in 2008 and in prior years as compensation cost is recognized for financial reporting purposes over the period in
which the employee is required to provide service in exchange for the award. The following table includes the assumptions used
to calculate the compensation expense reported for 2006, 2007 and 2008 on a grant-date basis. Compensation cost is initially
measured based on the grant date fair value of an award, determined pursuant to SFAS 123R without any reduction for risk of
forfeiture.