Hewitt had $640,460 in total compensation for the most recently ended up year, up 33 percent from $619,791 a year earlier. His non-equity incentive compensation was $316,045, off 40 percent from $187,600 a year earlier. However, the company raised his salary to $417,025, an increase of 49.2 percent from $299,619
The story was the same for other named executives, CFO Mark Baumgartner and chief counsel James Wheaton – the drop in incentive compensation was more than offset by salary increases. The higher salaries also give them a chance for increase incentive pay as rewards are generally calculated as a percent of base salaries.
Meanwhile, the company noted that COO Rufe Vanderpool had resigned on October 7. He made $319,785 in fiscal 2013, down from $585,535 in 2012.Last modified on Wednesday, 16 October 2013