EX-10.(D) 2 dex10d.htm SUMMARY OF NAMED EXECUTIVE OFFICER SALARY INCREASES. Summary of named executive officer salary increases.

EXHIBIT 10(d)

 

Summary of named executive officer salary increases.

 

On July 14, 2005, at a regular meeting of the Compensation and Benefits Committee of the Company’s Board of Directors, increases to the annual base salaries of the following named executive officers were approved, effective July 1, 2005, after a review of performance and competitive market data:

 

Name and Position

    Year
    Base Salary

Ricardo E. Belda

Executive Vice President—European Region

    2005
2004		    $
$		 500,000
470,000

Bernt Reitan

Executive Vice President and Group President, Global Primary Products

    2005
2004		    $
$		 540,000
470,000

 

Information related to the other elements of total compensation for these named executive officers was previously disclosed in the 2005 Proxy Statement filed February 22, 2005.

 

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