Attached files
file | filename |
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EX-21 - EX-21 - ENPRO INDUSTRIES, INC | g26430exv21.htm |
EX-32 - EX-32 - ENPRO INDUSTRIES, INC | g26430exv32.htm |
EX-24.5 - EX-24.5 - ENPRO INDUSTRIES, INC | g26430exv24w5.htm |
EX-23.1 - EX-23.1 - ENPRO INDUSTRIES, INC | g26430exv23w1.htm |
EX-23.2 - EX-23.2 - ENPRO INDUSTRIES, INC | g26430exv23w2.htm |
EX-24.7 - EX-24.7 - ENPRO INDUSTRIES, INC | g26430exv24w7.htm |
EX-24.2 - EX-24.2 - ENPRO INDUSTRIES, INC | g26430exv24w2.htm |
EX-24.3 - EX-24.3 - ENPRO INDUSTRIES, INC | g26430exv24w3.htm |
EX-24.6 - EX-24.6 - ENPRO INDUSTRIES, INC | g26430exv24w6.htm |
EX-24.8 - EX-24.8 - ENPRO INDUSTRIES, INC | g26430exv24w8.htm |
EX-31.2 - EX-31.2 - ENPRO INDUSTRIES, INC | g26430exv31w2.htm |
EX-31.1 - EX-31.1 - ENPRO INDUSTRIES, INC | g26430exv31w1.htm |
EX-24.1 - EX-24.1 - ENPRO INDUSTRIES, INC | g26430exv24w1.htm |
EX-24.4 - EX-24.4 - ENPRO INDUSTRIES, INC | g26430exv24w4.htm |
EX-10.34 - EX-10.34 - ENPRO INDUSTRIES, INC | g26430exv10w34.htm |
10-K - FORM 10-K - ENPRO INDUSTRIES, INC | g26430e10vk.htm |
Exhibit 10.37
Summary of Director and Executive Officer Compensation Arrangements
In addition to the compensation arrangements filed as other exhibits to this annual report,
EnPro Industries, Inc. (the Company) has the following compensation arrangements with its
directors and named executive officers.
Compensation Arrangements for Directors
The Company has an arrangement to pay non-employee members of the Companys board of directors
compensation for their service on the board. Effective for 2011, each non-employee member of the
Companys board of directors receives an annual retainer of $150,000, $75,000 of which is paid in
cash and $75,000 of which is paid in phantom shares of our common stock upon the directors
termination of service as a director. The non-executive chairman of the board receives an
additional monthly fee of $15,000, the chairman of the Audit and Risk Management Committee receives
an additional annual fee of $8,000, and the chairmen of the Compensation and Human Resources
Committee and the Nominating and Corporate Governance Committee each receive an annual fee of
$6,000. Non-employee directors also receive an initial grant of phantom shares of our common
stock, upon initial election or appointment to the board in an amount determined by the Nominating
and Corporate Governance Committee.
Compensation Arrangements for Named Executive Officers
The Companys chief executive officer and its four other most highly compensated executive
officers based on 2010 base salaries and bonuses (such five individuals, the named executive
officers), are all at-will employees who serve at the pleasure of the board of directors. The
board of directors sets the annual base salary for each of the named executive officers and has the
discretion to change the salary of any of the officers at any time. Effective for 2011, the annual
base salaries for the named executive officers are as follows:
Named Executive Officer | Base Salary | |||
Stephen E. Macadam |
$ | 825,000 | ||
William Dries |
$ | 371,000 | ||
Richard L. Magee |
$ | 323,000 | ||
J. Milton Childress II |
$ | 260,000 | ||
Robert P. McKinney |
$ | 225,000 |