Downey Financial 8K Entry into a Material Definitive Agreement | SEC 27 Jan 06

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.

				2006
				Target Bonus
				As a
		2006		Perentage of		2005
		Base Salary		Base Salary		Bonus Amount

Daniel D. Rosenthal		$	605,000	120	%	$	950,400
President and Chief Executive Officer

Thomas E. Prince		$	495,000	100	%	$	445,500
Chief Operating Officer and Chief Financial Officer

John R. Gatzke		$	412,500	100	%	$	495,000
Executive Vice President, Chief Lending Officer

Cliff J. Piscitelli		$	320,000	100	%	$	382,800
Executive Vice President, Director of Secondary
	Marketing

Jon A. MacDonald		$	315,000	75	%	$	135,000
Executive Vice President, General Counsel and
	Corporate Secretary

Edward A. Luther		$	225,000	70	%	$	198,660
Senior Vice President, Director of Major Loans

Downey Financial Inactive 8-KEntry into a Material Definitive Agreement