ISC’s Lesa France Kennedy Earned $1.1M
Int'l Speedway Corp. rewarded Vice Chair & CEO Lesa France Kennedy for performing "at a high level" in '12 by paying her a total compensation of $1.1M. The pay package, which excludes stock she was awarded last May for her '11 bonus, was a 34% increase from the $819,191 she was paid for '11. She received a base salary of $621,185 and earned 86% of her potential bonus package last year, up from 54% in '11, according to a recent SEC filing. Total revenues for the fiscal year that ended Nov. 30, 2012, decreased by 2.7% to $612.4M. Profits declined by 21% to $54.6M. ISC Chair Jim France earned a total compensation package of $562,448 and President John Saunders received $898,583. At press time, ISC shares were trading at $31.58, up 0.61% from Thursday's close of $31.39.
NASCAR EXEC | 2012 | 2011 |
CEO Lesa France Kennedy | $1,088,590 | $819,191 |
President John Saunders | $898,583 | $687,388 |
CFO Dan Houser | $547,710 | $401,380 |
Chair Jim France | $506,952 | $562,448 |
From ISC Annual Report, as compiled by Tripp Mickle, Sports Business Daily