Hooker Furniture CEO Gets Salary Increase

May 5, 2013  by in UnCategorized   

By Aggregated Content in Case Goods on May 6, 2013 from http://www.journalnow.com/business/business_news/local/article_255ec5cc-b6a9-11e2-8661-0019bb30f31a.html

Hooker Furniture Corp. said in a regulatory filing Friday that Paul Toms Jr., its chairman and chief executive, received a $3,390 increase in salary to $360,755 and an overall 72 percent jump in total compensation to $1.13 million during fiscal year 2013.

Toms also received $135,000 in non-equity incentive-plan compensation, stock awards valued at $438,000 on the date they were granted, and $76,528 in all other compensation, which included $66,446 for an executive life-insurance policy and $9,492 in a company 401(k) match.

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