CEO PAY WATCH CARIBOU COFFEE CO. INC.
Mike Tattersfield, president, CEO Total compensation: $1,103,677 for the year ended Dec. 31
Salary: $441,346
Non-equity incentive pay: $662,019
Other compensation: $312
Total return to shareholders: 467.6 percent
Note: Tattersfield joined Caribou as CEO in August 2008. In his first full year he took home $1.1 million.
The compensation committee also granted Tattersfield, 150,000 shares of restricted stock worth $429,000 as a long-term compensation award.
Tattersfield is the third Caribou CEO in three years. He quickly made changes, hiring new managers (a new CFO and SVP of Commercial Business), closing some stores and adding new products.
