CEO Pay Watch Polaris Industries Inc.
Thomas Tiller, president and CEO
Total compensation: $4,956,834 for the year ended Dec. 31, 2007
Salary: $750,000
Non-equity incentive pay: $1,575,000
Other compensation: $101,334
Exercised stock options: $2,530,500
New stock options: 192,000
Total 2007 return to shareholders: 4.8 percent
Note: Tiller announced on Jan. 16 that he would step down Dec. 31, 2008. He came to Polaris from GE 10 years ago. Polaris expensed $848,593 worth of stock awards and $1,751,561 worth of option awards for Tiller in 2007.
Patrick Kennedy
The Winona-based company’s President and Chief Sales Officer Jeff Watts will become chief executive July 16.
