Harley-Davidson releases CEO’s 2006 salary
April 10, 2007
Filed under Features
The chief executive officer of motorcycle maker Harley-Davidson Inc. received compensation last year that the company valued at $4.25 million, according to a regulatory filing Wednesday.
James Ziemer's compensation included a salary of $824,551, according to the company’s proxy statement filed with the Securities and Exchange Commission.
Ziemer, 57, who has been president and CEO since 2005, also received $989,461 in compensation under a nonequity incentive plan and $75,697 in other compensation, including a non-qualified deferred compensation plan matching contribution of $25,824. He also received stock and option awards with an estimated value of $2.36 million at the time they were granted.
The proxy statement said Ziemer, who has worked at Harley for 38 years, acquired 106,344 shares in 2006 with an estimated value of nearly $5.34 million.