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MPX > SEC Filings for MPX > Form 8-K on 30-Jan-2009All Recent SEC Filings

Show all filings for MARINE PRODUCTS CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for MARINE PRODUCTS CORP

30-Jan-2009

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. 

Executive Officer Compensation

On January 27, 2009, the Compensation Committee of the Board of Directors
approved discretionary annual bonuses for 2008 for certain of its executive
officers as follows:


       Name                          Title                    Cash Bonus

Richard A. Hubbell President and Chief Executive Officer      $ 56,000

                   Vice President, Chief Financial Officer
Ben M. Palmer      and Treasurer                              $ 36,000

R. Randall Rollins Chairman                                   $ 71,000

Linda H. Graham Vice President and Secretary $ 13,000

Executive Vice President, and President,
James A. Lane, Jr. Chaparral Boats, Inc. $ 57,578

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