Three of five named executive officers at Acxiom Corp. of Conway saw their annual compensation rise in fiscal 2017, a year when the publicly traded data services company saw slight revenue growth, though profit declined.
The company detailed compensation for its top executives in its annual proxy, filed June 29 with the U.S. Securities and Exchange Commission. Acxiom’s fiscal year ends on March 31.
The document showed Acxiom CEO Scott Howe with total compensation of nearly $5.7 million, up slightly from $5.3 million in fiscal 2016. His compensation included a base salary of $650,000 and stock awards of nearly $4 million.
Howe also received a boost in non-equity incentive plan compensation, which was $1 million, up from $854,750 in the previous fiscal year.
Three other executives also received increases in non-equity incentives: Warren C. Jenson, executive vice president and CFO, received $825,000, up from $673,000; Richard E. Erwin, president and general manager of the company’s audience solutions business, received $425,000, up from $340,000; and S. Travis May, president and general manager of its connectivity division, received $400,000, up from $310,000.
More on the executives and their compensation:
- Jenson received total compensation of $3 million, up from $2.9 million in the previous year. That includes a base salary of $522,725 and stock awards of $1.6 million.
- Erwin received total compensation of $1.6 million, down from $2.3 million. That includes a base salary of $418,750 and stock awards of $720,860.
- May received total compensation of $1.8 million, up from $1.6 million. That includes a base salary of $368,750 and stock awards of $1 million.
Dennis D. Self, president and general manager of Acxiom’s marketing services division, joined the list of named executive officers in this year’s proxy. He was promoted to his current role in January 2016.
Self made $1.5 million in fiscal 2017, including a $423,750 base salary, $720,860 in stock awards and $318,000 in non-equity incentive plan compensation. The proxy does not list his compensation for the previous year.
Jerry C. Jones, the company’s chief ethics and legal officer and executive vice president, was left off its list of named executives this year. Acxiom is only required to report the compensation for five of its top executives.
Also, the company has scheduled a shareholders meeting via webcast for 8:30 a.m. Aug. 8.
During the meeting, the shareholders will:
- Vote to re-elect directors to the board whose terms expire this year.
- Approve, on an advisory basis, compensation for named executive officers and the annual frequency for that vote.
- Ratify KPMG LLP as its accounting firm.
- Approve a proposal to amend the company’s equity compensation plan to increase the number of shares available for issuance under the plan and re-approve its performance goals.
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