Mr. Martin’s base salary in FY 2011 constituted $1.1 million of the $3.7 million. Non-equity incentive plan compensation and other bonuses — which included meeting targets of adjusted EBITDA — totaled $2.59 million. Mr. Martin also received $14,208 in “other compensation,” which included a matching contribution made under Vanguard’s 401(k) plan and insurance premiums.
Kent Wallace, Vanguard president and COO, made $2.13 million in total compensation in FY 2011, a 50 percent increase from FY 2010. The large increase, similar to Mr. Martin, was due to bonuses received from meeting financial goals. Mr. Wallace’s base salary was $685,000.
Vanguard CFO Phillip Roe earned $1.67 million last fiscal year, which included a $525,000 base salary and more than $1.1 million in bonuses and non-equity incentive plan compensation. In FY 2010, Mr. Roe recorded $965,165 in total compensation.
Bradley Perkins, MD, chief transformation officer, made more than $3.46 million. Roughly $1.9 million of that total reflected stock awards.
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