Huttig Building Products restores part of 10% salary cut taken by top executives in 2011 with 5% increase, taking CE0's salary to US$364,846 in 2013

LOS ANGELES , March 26, 2014 () – Huttig Building Products, Inc. of St. Louis, Missouri, has partially restored a 10% salary cut that was taken by the company's top executives in 2011, according to a report by the St.Louis Post-Dispatch.

The company increased the pay of its top executives by 5% in September. According to a proxy statement filed on March 14, the pay rise took the 2013 salary of Chief Executive Jon Vrabely to $364,846 and his total pay to US$907,958.

Vrabely's total pay was slightly lower than in 2012 as his bonus was a third smaller at $231,300. Vrabely also received stock worth $311,220, the St.Louis Post-Dispatch reported.

The primary source of this article is the St. Louis Post-Dispatch, St. Louis, Missouri, on March 25, 2014. The original article can be viewed here

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.