Drew Industries’ boss made $1.3 million last year
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- April
- 23
The president and chief executive of Drew Industries Inc. of White Plains earned $1.3 million last year, including his salary, bonus and other compensation, the company said in a proxy statement. Leigh J. Abrams took home a salary of $400,000, $800,629 in non-equity incentive compensation and $99,300 in other compensation, Drew reported in the statement sent to the U.S. Securities and Exchange Commission.
The company did not grant stock options or awards last year. Drew makes parts for manufactured homes and recreational vehicles.
The commission no longer requires companies to report how much money their executives made two years earlier. But Drew said in a proxy issued last spring that Abrams earned $1.35 million in 2005. That included $400,000 in salary, a cash bonus of $937,288 and $14,076 in other compensation.
Drew shares were trading at $29.97, down 10 cents at 1:08 p.m.
This entry was posted
on Monday, April 23rd, 2007 at 1:33 pm by Allan Drury.
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