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8-K - 8-K EXECUTIVE COMPENSATION; CICP - PEGASYSTEMS INC | rrd303734.htm |
EX-99.1 - 2011 SECTION 16 OFFICER/FLT MEMBER CORPORATE INCENTIVE COMPENSATION PLAN - PEGASYSTEMS INC | rrd303734_34329.htm |
EXHIBIT 99.2
Pegasystems Inc.
2011 Executive Officers Base Salaries and Target Bonus Percentages
All Changes Effective Retroactively to January 1, 2011.
Name |
|
Title |
|
Base Salary |
|
Target Bonus* |
Alan Trefler |
|
Chief Executive Officer and Chairman |
|
$375,000 |
|
85% |
Craig Dynes** |
|
Chief Financial Officer and Senior Vice President |
|
$325,000 |
|
50% |
Douglas Kra** |
|
Senior Vice President, Global Services |
|
$290,000 |
|
50% |
Michael Pyle** |
|
Senior Vice President, Engineering |
|
$285,000 |
|
50% |
Leon Trefler** |
|
Senior Vice President, Sales |
|
$275,000 |
|
20% |
* |
Percentage of 2011 base salary |
**In 2011, Craig Dynes will also be eligible for up to $21,000 in additional incentive compensation for the achievement of operational objectives to be set by our Chief Executive Officer.
**In 2011, Douglas Kra will also be eligible for up to $21,000 in additional incentive compensation for the achievement of operational objectives to be set by our Chief Executive Officer.
**In 2011, Michael Pyle will also be eligible for up to $21,000 in additional incentive compensation for the achievement of operational objectives to be set by our Chief Executive Officer.
**In 2011, Leon Trefler will also be eligible for up to $50,000 in additional incentive compensation for the achievement of operational objectives to be set by our Chief Executive Officer, as well as the potential for an estimated $200,000 in sales commissions.