Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
In January 2009, as a part of measures Aetrium Incorporated has taken to address
the impact of the worldwide financial collapse that became apparent in late
third quarter 2008, at the initiation of the company's executive management the
company reduced wage rates of all of the company's employees by 10% and the
salaries for the company's executive officers by up to 25%. As a result,
effective January 19, 2009, the base salaries of Joseph C. Levesque, President
and Chief Executive Officer, Douglas L. Hemer, Chief Administrative Officer,
Daniel M. Koch, Vice President-Worldwide Sales, and Paul H. Askegaard,
Treasurer, were reduced by 25%, 20%, 15% and 13%, respectively.
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