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CEO CLEANS UP AT DELTEK
Deltek CEO Kevin Parker saw his compensation jump for 2010 when he received stock awards valued at $3.1 million, more than twice the prior-year's total. The award brought his total pay to $4.1 million, compared to $1.58 million for 2009. Two executives who left the company on April 1 also got nice boost in equity compensation. Carolyn Parent, former EVP and general manager of GovCon received $1.24 million in compensation for her last year with the company, compared to nearly $685,000 in 2009.
The increase stemmed from an equity award valued at $785,650, a sharp increase from $160,720 the prior year. Richard P. Lowrey, former EVP, Deltek Engineering, closed out his final year at Deltek with just over $976,000 in compensation for 2010, compared to $618,000 the prior year. His stock compensation rose to $541,685 from $160,720. The rise in compensation for all three was held down by decreases in the non-equity incentive pay. None of the company’s five named executives for 2010 received bonuses.
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