CDW 2012 Annual Report Download - page 123

Table of Contents
Executive Compensation Tables
2012 Summary Compensation Table
The following table provides information regarding the compensation earned during the last three fiscal years by our current Chief
Executive Officer, our Chief Financial Officer and our three other most highly compensated executive officers, whom we collectively refer to as
our “Named Executive Officers.”
110
Name and Principal Position Year
Salary
($) (1)
Bonus
($)
Stock
Awards
($)
(2)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($) (3)
Non-qualified
Deferred
Compensation
Earnings
($) (4)
All Other
Compensation
($) (5)
Total
($)
Thomas E. Richards
Chairman, President
and Chief Executive
Officer
2012
775,000
—
1,190,000
—
871,875
374,747
5,984
3,217,606
2011
715,865
—
—
—
1,725,370
374,747
5,180
2,821,162
2010
700,000
—
2,238,960
—
1,995,000
296,561
5,130,000
10,360,521
John A. Edwardson
Former Chairman
2012
539,423
—
—
—
609,375
—
5,984
1,154,782
2011
825,000
—
8,220,865
—
2,080,000
—
5,180
11,131,045
2010
825,000
—
4,191,657
—
2,470,000
— —
7,486,657
Ann E. Ziegler
Senior Vice President
and Chief Financial
Officer
2012
320,000
—
—
—
525,000
229,012
5,984
1,079,996
2011
320,000
—
—
—
1,120,000
229,012
5,180
1,674,192
2010
320,000
—
628,429
—
1,340,000
181,232
3,135,000
5,604,661
Neal J. Campbell
Senior Vice President,
Chief Marketing
Officer
2012
275,000
—
—
—
206,250
53,570
404,484
939,304
2011
248,558
—
695,783
—
412,274
27,353
400,000
1,783,968
Christina M. Corley
Senior Vice President,
Corporate Sales
2012
275,000
—
—
—
206,250
43,830
402,942
928,022
2011
69,153
78,400
797,316
—
116,932
7,711
400,000
1,469,512
(1) Salary . Mr. Edwardson retired as the Company's Chief Executive Officer on October 1, 2011 and retired as the Company's Chairman on
December 31, 2012. In accordance with the terms of Mr. Edwardson's employment agreement, Mr. Edwardson's base salary was reduced
over the course of 2012 in connection with his eventual retirement from the Company. Mr. Richards was elected to the position of
President and Chief Executive Officer on October 1, 2011 and to the position of Chairman on January 1, 2013. Mr. Campbell and Ms.
Corley each joined the Company during 2011.
(2) Stock Awards . The amounts reported represent the grant date fair value of B Units calculated in accordance with Financial Accounting
Standards Board Accounting Standards Codification Topic 718, Compensation-Stock Compensation (“FASB ASC Topic 718”). The
amount reported in 2012 for Mr. Richards represents the aggregate grant date fair value of B Units granted in 2012. Mr. Richards' B Units
vest daily on a pro rata basis over a five year period commencing on the date of grant. The amount reported in 2011 for Mr. Edwardson
represents the incremental fair value associated with the 2011 modification of Mr. Edwardson's outstanding B Unit awards in connection
with his retirement as Chief Executive Officer. The amounts reported in 2011 for Mr. Campbell and Ms. Corley represent the aggregate
grant date fair value of B Units granted in 2011. For 2010, the amounts reported represent the aggregate grant date fair value of B Units
granted in 2010 and the incremental fair value associated with the 2010 modification of the B Unit program. See Note 11 to the
consolidated financial statements for a discussion of the relevant assumptions used in calculating these amounts. Please see the
Compensation Discussion and Analysis for further information regarding the 2012 B Unit grant to Mr. Richards.
(3) Non-Equity Incentive Plan Compensation . For 2012, the amounts reported represent cash awards to the Named Executive Officers
under the SMIP. Please see the Compensation Discussion and Analysis for further information regarding the 2012 SMIP.