CEO PAY WATCH: Lawson Software Inc.

September 4, 2008 at 4:47AM

CEO PAY WATCH: LAWSON SOFTWARE INC.

Harry Debes, P, CEO Total compensation: $1,621,940 for the year ended May 31, 2008

Salary: $587,500

Bonus: $83,945

Non-equity incentive pay: $439,560

Other compensation: $42,935

Value realized on vesting shares: $468,000

New stock options: 350,000

Total return to shareholders: 5 percent

Note: In August 2007, the Lawson board's compensation committee authorized an updated total compensation study that was completed by the consulting firm Frederic W. Cook last September. Based on that report, and on individual performance compared with individual objectives, the compensation committee approved a base salary increase of $125,000, or 23.8 percent, for Debes.

Director-level management employees also split a $500,000 discretionary bonus awarded by the board's compensation committee for the successful integration of the Intentia International acquisition.

PATRICK KENNEDY

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