WD Top Executives Increased Their Annual Salary

In a SEC filing, WD wrote:
"The Compensation Committee of the Board of Directors of the Company approved management-recommended reductions in the annual base salaries of each of the Company’s current executive officers, effective January 12, 2009. On October 19, 2009, the Compensation Committee approved reinstating the base salary levels for these executive officers as follows, effective October 19, 2009:

• the annual base salary of John F. Coyne, the Company’s President and Chief Executive Officer, has been increased from $600,000 to $900,000;
• the annual base salary of Timothy M. Leyden, the Company’s Executive Vice President and Chief Financial Officer, has been increased from $412,500 to $550,000;
• the annual base salary of Raymond M. Bukaty, the Company’s Senior Vice President, Administration, General Counsel and Secretary, has been increased from $348,500 to $410,000; and
• the annual base salary of Hossein M. Moghadam, the Company’s Senior Vice President, Chief Technology Officer, has been increased from $348,500 to $410,000."