Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Maytag CEO Received $800,000 Bonus in 2002
Mar 15, 2003
 Printable format
 Email this Article
 Search

Maytag Corp. paid its top executive a salary of U.S. $800, 000 and a bonus of the same amount in 2002, his first full year with the appliance maker, according to a regulatory filing Friday.

Ralph F. Hake, who became chairman and CEO of Maytag in June 2001, was paid a salary of $409,821 and a bonus of $300,000 for those 6 months of employment, the Securities and Exchange Commission filing said.

According to the proxy, Mr. Hake wasn't granted any stock options in 2002, compared with 450,000 received in 2001. He received a long-term incentive plan payout of $103,156 in 2002, versus none the year before, and "all other compensation" of $8,533 in 2002, compared with $4,897 in 2001. The compensation included premiums paid for life insurance and corporate contributions to Mr. Hake's 401(k) retirement plan, the filing said. (Dow Jones)

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows