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Quotes & Info
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| TSRA > SEC Filings for TSRA > Form 8-K on 24-Nov-2009 | All Recent SEC Filings |
24-Nov-2009
Change in Directors or Principal Officers, Other Events, Financial State
(e) On November 18, 2009, the Compensation Committee of the Board of Directors of Tessera Technologies, Inc. ("Tessera") approved the annual base salary levels of executive officers of Tessera effective January 1, 2010. The Compensation Committee also approved incentive cash bonus targets equal to a percentage of each executive officer's base salary under Tessera's 2007 Performance Bonus Program pursuant to which Tessera's executive officers would be eligible to be paid incentive compensation for 2010. The annual base salary levels and target percentages are set forth below:
Name Title Annual Base Salary Target Percentage
Henry R. Nothhaft President and Chief Executive $ 528,000 100%
Officer
Michael Anthofer Executive Vice President and Chief $ 320,000 60%
Financial Officer
Michael Bereziuk Executive Vice President, Imaging $ 330,000 60%
and Optics
Bernard J. Cassidy Executive Vice President, General $ 310,000 60%
Counsel and Secretary
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On November 24, 2009, Tessera announced the promotion of Bernard J. Cassidy to the position of Executive Vice President, General Counsel and Secretary.
A copy of the Company's press release announcing Mr. Cassidy's promotion is attached hereto as Exhibit 99.1 and incorporated herein by reference.
(d) Exhibits.
Exhibit
No. Description
99.1 Press Release dated November 24, 2009
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