Kohlberg Capital (KCAP) Pays $550K in Bonuses to Executives
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Kohlberg Capital Corp. (Nasdaq: KCAP) announced that their Board has granted one-time cash bonus awards to certain executives in addition to the previously reported 2010 performance-based cash bonus awards approved in December 2010 (and the Company’s 2011 annual bonus opportunity). The executives and amounts are:
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- Dayl W. Pearson, the Company’s President and Chief Executive Officer - $250,000;
- Michael I. Wirth, the Company’s Chief Financial Officer - $200,000 and
- R. Jon Corless, the Company’s Chief Investment Officer - $100,000.
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