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2012 Report on Form 10-K United States Postal Service- 68 -
FISCAL YEAR 2012 EXECUTIVE OFFICER COMPENSATION
SUMMARY COMPENSATION TABLE
Name and
principal
position Year
Salary
($)
Bonus
($)
Non-equity
incentive plan
compensation
($)
Change
in pension
value and
Nonqualified
deferred
compensation
earnings ($)
All other
compensation
($) Total ($)
(a) (b) (c) (d) (e) (f) (g) (h)
Patrick R. Donahoe 1 FY12 276,840 -
-
186,536 48,717 512,093
Postmaster General &
CEO FY11 271,871 - - 81,954 30,404 384,229
FY10 247,615 - 31,100
195,472 6,901 481,088
Joseph Corbett 2 FY12 239,000 -
30,000 26,748 20,093 315,841
Chief Financial Officer &
Executive VP FY11 239,000 - 30,000 23,376 18,107 310,483
FY10 236,231 - 58,600 19,950 18,901 333,682
Stephen J. Masse 2 FY12 189,000 - -
18,155 15,764 222,919
Acting, Chief Financial
Officer & Executive VP FY11 - - - - - -
FY10 - - - - - -
Ellis A. Burgoyne 2 FY12 230,000 - -
273,525 6,980 510,505
Chief Information Officer
& Executive VP FY11 220,846 25,763 - 228,384 33,695 508,688
FY10 - - - - - -
Mary Anne Gibbons FY12 230,000 - - 122,792 25,878 378,670
General Counsel &
Executive VP FY11 230,000 - - 29,159 26,877 286,036
FY10 226,923 - 21,400 45,063 20,860 314,246
Anthony J. Vegliante FY12 240,000 - 60,000 47,211 15,791 363,002
Chief Human Resources
Officer & Executive VP FY11 240,000 - * 55,000 56,931 12,736 364,667
FY10 236,923 - 37,800 101,777 9,342 385,842
Notes:
1 Mr. Donahoe was appointed Postmaster General & CEO as of December 4, 2010. Mr. Donahoe’s FY11 (prior to December 4, 2010), and FY10 data
reflect compensation as the Deputy Postmaster General & COO.
2 Mr. Corbett acted as Chief Information Officer from June 20 through September 30, 2012, Mr. Masse acted as Chief Financial Officer from June 20
through September 30, 2012, Mr. Burgoyne was on extended medical leave from June 20, 2012 through September 30, 2012.
Column (c) Salaries for executive level officers were frozen for calendar year 2012 and 2011. The salary amounts vary from FY12, FY11, and FY10
because salaries are based on the calendar year and not the fiscal year. Therefore, FY12 salary amounts include a portion of calendar year 2011 salary
amounts, FY11 salary amounts include a portion of calendar year 2010 salary amounts, and FY10 salary amounts include a portion of calendar year
2009 salary amounts. Mr. Masse was not a named executive officer in FY11 or FY10 and, as such, information for these fiscal years is not reported for
him. Mr. Burgoyne was not named executive officer in FY10 and, as such, information for this fiscal year is not reported for him.
Column (d) Mr. Burgoyne was paid $25,000 in FY11 as a recruitment lump-sum when he was promoted to his position as Chief Information Officer. In
addition, Mr. Burgoyne was awarded $763 in his previous position as Vice President, Area Operations.
Column (e) The amounts in this column reflect the performance-based incentive compensation awarded to executive officers in prior fiscal years; as
noted above, this incentive compensation was not awarded for FY12 or FY11. Pursuant to Mr. Corbett’s employment contract, his non-equity incentive
plan compensation includes $30,000 in deferred performance-based compensation for FY12, FY11, and FY10. Pursuant to a retention contract with the
Postal Service, Mr. Vegliante was awarded a performance-based retention incentive of $60,000 for FY12 and FY11; this amount was deferred. Any