Vascular Solutions CEO's compensation more than triples

Ed Stych^[1]

Web Producer- Minneapolis / St. Paul Business Journal

This email address is being protected from spambots. You need JavaScript enabled to view it.^[2]  | Twitter^[3]  | Google+^[4]  | LinkedIn^[5]

Just about all the increase was in stock and option awards.

Tracking the pay of Minnesota’s business leaders

Howard Root

CEO

Vascular Solutions (Nasdaq: VASC)

• Headquarters: Maple Grove
• Business: Makes medical devices

Total pay

• 2012: $3.13 million, up 237 percent
• 2011: $931,000
• 2010: $796,000

Base salary

• 2012: $465,000
• 2011: $445,000

Bonus

Incentive pay

• 2012: $190,000
• 2011: $111,000

Stock and option awards

• 2012: $2.48 million
• 2011: $375,000

Total compensation for other highly-compensated executives:

• James Hennen^[6], chief financial officer: $485,000, up 9 percent
• Charmaine Sutton^[7], senior vice president of operations: $572,000, down 3 percent
• William Rutstein^[8], senior vice president of worldwide sales: $475,000, up 1 percent
• Carrie Powers^[9], vice president of marketing: $412,000, up 17 percent

Notes

Data comes from documents filed with the U.S. Securities and Exchange Commission^[10].

Ed Stych reports on Twin Cities breaking business news for MSPBJ.com, manages online features, and writes the Fast 50 Diary features for the print edition.

References

1. ^{^} Ed Stych (feeds.bizjournals.com)
2. ^{^} This email address is being protected from spambots. You need JavaScript enabled to view it. (feeds.bizjournals.com)
3. ^{^} Twitter (twitter.com)
4. ^{^} Google+ (plus.google.com)
5. ^{^} LinkedIn (www.linkedin.com)
6. ^{^} James Hennen (feeds.bizjournals.com)
7. ^{^} Charmaine Sutton (feeds.bizjournals.com)
8. ^{^} William Rutstein (feeds.bizjournals.com)
9. ^{^} Carrie Powers (feeds.bizjournals.com)
10. ^{^} U.S. Securities and Exchange Commission (www.bizjournals.com)