Alexander KarpAlexander Karp earned $1B in 2024

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

$396.56K

Board Justification

The company's compensation philosophy is to attract and retain qualified executives by offering competitive compensation aligned with performance and shareholder returns.

Bonus

$0.00

Board Justification

No bonuses were awarded for fiscal 2008 due to the company's performance.

Other Compensation

$357.86K

Board 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

$246.20K20K 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.

P

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

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