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Quotes & Info
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| RES > SEC Filings for RES > Form 8-K on 24-Apr-2009 | All Recent SEC Filings |
24-Apr-2009
Change in Directors or Principal Officers
Executive Officer Compensation
On April 20, 2009, the Compensation Committee of the Board of Directors approved
a reduction in the base salary for its Named Executive Officers identified in
the registrant's 2009 proxy statement. In light of the difficult operating
environment faced by the Company, the Named Executive Officers volunteered to
reduce their base salaries effective April 16, 2009, as follows:
Name Title Base Salary as of
January 1, 2009 April 16, 2009
President and Chief Executive
Richard A. Hubbell Officer $ 700,000 $ 595,000
Vice President, Chief Financial
Ben M. Palmer Officer and Treasurer $ 250,000 $ 212,500
R. Randall Rollins Chairman $ 600,000 $ 510,000
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Linda H. Graham Vice President and Secretary $ 165,000 $ 140,250
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