Minneapolis / St. Paul Business Journal by Ed Stych, Web Producer
Pay was up nearly five times for CEO, more than four times for CFO. They both took significant pay cuts the year before.
Tracking the pay of Minnesota’s business leaders
Mark Knudson
CEO
EnteroMedics Inc. (Nasdaq: ETRM)
Headquarters: Roseville
Business: Makes an implantable anti-obesity medical device
Total pay
2011: $2.45 million, up 380 percent
2010: $510,000
2009: $1.75 million
Base salary
2011: $345,000
2010: $337,000
Bonus
2011: None
2010: None
Incentive pay
2011: $160,000
2010: $169,000
Stock awards
2011: None
2010: None
Option awards
2011: $1.94 million
2010: None
Change to value of pension
2011: None
2010: None
Other compensation
2011: $5,000
2010: $5,000
Total compensation for other highly-compensated executives:
Greg Lea, chief financial officer: $1.56 million, up 317 percent
Adrianus (Jos) Donders, senior vice president of research and advanced development: $567,000, up 61 percent Katherine Tweden, vice president of clinical and regulatory: $768,000, up 131 percent
Notes
Data comes from documents filed with the U.S. Securities and Exchange Commission.
