Delaware | 20-3939981 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
As described in our 2009 Annual Report on Form 10-K, all of the Company's employees, including the Executives, received a 3% increase in base salary effective January 1, 2010 under a special compensation plan implemented for the 2009 calendar year. Accordingly, effective as of January 1, 2010, Mr. Baughman's base salary was increased from $360,000 to $370,800, Mr. Dahmus' base salary was increased from $275,000 to $283,250, and Mr. Naccarato's base salary was increased from $303,188 to $312,284. In addition, effective March 1, 2010, the Compensation Committee increased the base salaries of Messrs. Baughman and Dahmus to $381,924 and $291,747, respectively. The base salaries of Messrs. Baughman, Dahmus and Naccarato will be $404,839, $309,252, and $324,775, respectively, effective April 1, 2011.
SGS International, Inc. | ||||||||
Date: March 07, 2011 | By: | /s/ Benjamin F. Harmon, IV | ||||||
Benjamin F. Harmon, IV | ||||||||
Vice President, General Counsel and Secretary | ||||||||