Applera will pay CEO Tony White $1.15 million in base salary in fiscal 2007, which began July 1, according to a recent US Securities and Exchange filing.
The company also granted White 134,820 restricted shares of Applied Biosystems stock and 57,780 restricted shares of Celera stock, according to the SEC filing.
White’s salary was approved during an Aug. 17 meeting of the company’s management resources committee. The committee also approved fiscal 2007 salaries for the following Applera officials:
Catherine Burzik, ABI president, will receive $680,000; Barbara Kerr, vice president of human resources, will pocket $390,000; Kathy Ordoñez, president of Celera Genomics, will earn $567,840; William Sawch, senior vice president and general counsel, will receive $525,200; and Dennis Winger, senior vice president and chief financial officer, will earn $594,880.
Solexa last week said that Douglas Fambrough has resigned as a director after a “special telephonic meeting of the board” held on Aug 28.
The company also said it has appointed to the board A. Blaine Bowman and Roy Whitfield. Both will serve on the audit committee, where Fambrough had served since early August.
Whitfield will also serve on the compensation committee. Additionally, Stephen Allen resigned from the audit committee.
Bowman, 60, was formerly chairman, president, and CEO of Dionex, where he is now a director. Whitfield, 52, was co-founder and former CEO of Incyte.