Logitech 2014 Annual Report Download - page 125

Download and view the complete annual report

Please find page 125 of the 2014 Logitech annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 308

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288
  • 289
  • 290
  • 291
  • 292
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • 304
  • 305
  • 306
  • 307
  • 308

SUMMARY COMPENSATION TABLE
The following table provides information regarding the compensation and benefits earned during fiscal
years 2014, 2013, and 2012 by our named executive officers. For more information, please refer to “Compensation
Disclosure and Analysis,” as well as “Narrative Disclosure to Summary Compensation Table and Grants of Plan-
Based Awards Table.”
Name and Principal Position Year
Salary
($)
Bonus
($)
Stock
Awards
($)(1)
Option
Awards
($)(1)
Non-equity
Incentive Plan
Compensation
($)(2)
Changes in
Nonqualified
Deferred
Compensation
Earnings ($)
All Other
Compensation
($)(3) Total ($)
Guerrino De Luca(4) .....
Chairman of the Board
FY14 500,000 460,000 2,684,200 575,000 — 15,764 4,234,964
FY13 500,000 — — 335,400 — — 31,314 866,714
FY12 500,000 — 392,400 — — — 30,306 922,706
Bracken P. Darrell(5) .....
President and Chief
Executive Officer
FY14 750,000 — 3,279,270 862,500 — 13,767 4,905,537
FY13 735,577 — 803,000 4,840,000 — — 226,164 6,604,741
Vincent Pilette(6) ........
Senior Vice President,
Finance and Chief
Financial Officer
FY14 286,538 — 5,067,550 — 512,000 — 2,673 5,868,761
Marcel Stolk(7) ..........
Senior Vice President,
CCP Business Group
FY14 535,714 — 1,100,100 — 589,643 — 108,785 2,334,242
L. Joseph Sullivan .......
Senior Vice-President,
Worldwide Operations
FY14 415,000 — 733,400 — 385,950 — 14,418 1,548,768
FY13 402,000 — 258,390 580,500 — — 12,358 1,253,248
FY12 402,000 — 557,400 — — — 11,762 971,162
Former Officers:
Erik K. Bardman(8) ......
Senior Vice President,
Finance and Chief
Financial Officer
FY14 38,462 — — — — — 62,958 101,420
FY13 484,000 — 336,690 774,000 — — 9,553 1,604,243
FY12 440,000 25,000 789,000 — — — 9,278 1,263,278
Michael Doktorczyk(9) ....
Former Interim
Principal Financial
Officer and Principal
Accounting Officer
FY14 255,555 — 69,109 — 60,504 — 385,168
(1) These amounts do not represent the actual economic value realized by the named executive officer. Under
SEC rules, the values reported in the “Stock Awards” and “Option Awards” columns reflect the aggregate
grant date fair value of grants of stock options and stock awards to each of the listed officers in the fiscal years
shown. The key assumptions and methodology of valuation of stock options and stock awards are presented
in Note 4 to the Consolidated Financial Statements included in Logitech’s Annual Report to Shareholders.
ENglISH
109