In 2008, Michael J. Luttati earned $1.00M in total compensation at Photronics, including $396.56K salary and $246.20K in stock. Has led Photronics for over 20 years.
Compensation History
Annual executive compensation data for Michael J. Luttati, including salary, bonuses, and stock awards.
Year
2008
Total Compensation
$1.00M
Salary
$396.56K
Bonus
$0.00
Other
$357.86K
Salary
$396.56KBoard Justification
The company's compensation philosophy is to attract and retain qualified executives by offering competitive compensation aligned with performance and shareholder returns.
Bonus
$0.00Board Justification
No bonuses were awarded for fiscal 2008 due to the company's performance.
Other Compensation
$357.86KBoard Justification
Other compensation includes severance payments, vacation pay, personal use of a company car, matching contributions to the 401(k) plan, and life insurance premiums.
Restricted Stock
Board Justification
20,000 shares of restricted stock awarded on January 21, 2008, vesting quarterly over four years, with 5,000 shares vesting in 2008.
Performance Metrics
The performance metrics for determining compensation were based on company financial and operational performance.
Michael J. Luttati
CEO of Photronics
Field of Expertise
Business & Management
Sector of Economy
Technology
CEO of Photronics for
20 years 6 months (Jun 2005 - Present)
Previous Experience
Unknown
Holdings
Track Michael J. Luttati's stock holdings and portfolio value over time.
Insider Trading
Michael J. Luttati's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Michael J. Luttati with competitor CEOs and industry peers.
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2023 Compensation
Stock
$0.00
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2023 Compensation
Stock
$0.00
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Bonus
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Gregory S. Smith
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2023 Compensation
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Salary
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Bonus
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