Patti Hart, the chief executive of International Game Technology (NYSE: IGT), received total compensation valued at $6.3 million in the 2009 fiscal year, according to a regulatory filing on Tuesday.
Hart, who serves as President and CEO, received $393,846 in salary and $800,000 under the company's non-equity incentive plan, according to the proxy statement filed with the Securities and Exchange Commission.
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Hart, 53, also received a $400,000 discretionary bonus when she was appointed president and CEO of the company effective April 1, 2009.
The CEO was also awarded $94,168 in other compensation, which included $168 for term life insurance premiums and a retainer fee of $94,000 for Hart's service on the company's board under the non-employee director compensation program before becoming president and CEO.
Hart's compensation was increased by stock and option awards that had an estimated value of $4.6 million on the day they were granted.
Former President and CEO Thomas Matthews, 44, received total compensation valued at approximately $5.2 million in fiscal 2008. He received a salary of $840,000 and a cash bonus of $881,678.
IGT reported in November that its full-year profit fell 57 percent while its sales dropped 17 percent to $2.11 billion. The slot machine maker will hold its annual shareholders meeting on March.
The company's stock added 13 cents to $20.42 at Friday’s close. In the year ended Sept. 30, 2009, the shares rose 21 percent.
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