Windstream 2006 Annual Report Download - page 27

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SUMMARY COMPENSATION TABLE
Name and
Principal Position Year Salary
($)
(1)
Bonus
($)
(2)
Stock
Awards
($)
(3)(4)
Non-Equity
Incentive Plan
Compensation
($)
(5)
Change in
Pension Value
and Non-
qualified
Deferred
Compensation
Earnings
($)
(6)
All Other
Compensation
($)
(7)(8)
Total
($)
Jeffery R. Gardner
President and
CEO
2006 700,000 315,362 1,050,537 1,292,845 305,605 130,003 3,794,352
Brent Whittington
EVP and CFO
2006 295,833 17,546 154,074 214,957 392 13,834 696,636
Francis X. Frantz
Chairman
2006 500,000 257,078 786,648 951,446 601,543 230,319(9) 3,327,034
Keith D. Paglusch
COO
2006 281,250 - 138,887 232,857 - 164,654 817,648
John P. Fletcher
EVP, General
Counsel &
Secretary
2006 284,375 - 131,943 201,809 - 9,438 627,565
John J. Mueller
President and
CEO of Valor
2006 271,154 1,091,667 2,203,862 - - 2,380,433 5,947,116
Jerry E. Vaughn
SVP and CFO of
Valor
2006 176,250 189,583 2,514,414 - - 1,765,202 4,645,449
William M. Ojile,
Jr. SVP, Chief
Legal Counsel &
Secretary of Valor
2006 135,576 272,917 832,570 - - 889,571 2,130,634
William G. Raney
SVP & COO of
Valor
2006 257,000 724,958 684,921 76,715 - 71,232 1,814,826
(1) Amounts for Messrs. Paglusch and Fletcher reflect pro-rated amounts of annual salary based on start dates
during 2006. Amounts for Messrs. Mueller, Vaughn and Ojile reflect salary paid until termination on
July 17, 2006.
(2) Amounts for Messrs. Gardner, Whittington and Frantz include pro-rated awards paid by Alltel under its
2005-2007 Long-Term Incentive Plan. These payouts were guaranteed under the Employee Benefits Agreement
at target performance levels. Amounts for Messrs. Mueller, Ojile and Raney include payment of retention
bonuses agreed to by Valor prior to December 2005. Amounts for Messrs. Mueller, Vaughn, Ojile, and Raney
include payment of a pro-rated portion of the 2006 performance incentive, which was guaranteed under terms of
the Valor merger agreement. Amount for Mr. Raney includes $250,000 in retention bonus agreed to by
Windstream that was paid after the closing of the Valor merger and does not include an additional retention
bonus of $250,000 that Mr. Raney earned by continuing employment through January 17, 2007, which was paid
in 2007.
(3) All stock award amounts for restricted stock granted by Windstream reflect 2006 compensation expense
calculated in accordance with SFAS 123(R), and the valuation of the restricted stock was determined based on
the fair market value ($12.60) of the shares on the date of the grant. For shares granted by Valor in 2005, the
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