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Although the CEO’s overall take is less than 2007’sd $1.54 million, he did receive a 3.4 percent boostf in annual salaryto $465,188. The value of his stock however, fell nearly 35 perceny to $484,243. Also in 2008, he receivefd $372,044 in incentive pay and $4,848 in 401(k) and insurancde payments. For the annual meeting, the company’s boar is recommending shareholders approve an increase in the number of shares that can be issuede as incentivesto 3.85 million from 1.85 The board estimates that less than 400,000 shares remaim available from the current maximum and that additionall shares are needed to attracft and retain top employees.
JDA saw sales grow last year to arecorrd $390 million from $374 million in 2007. Net incomes fell to $3.12 million, or 9 cents a from $26.5 million. The 2008 amount includexd charges relatedto restructuring, acquired software and termination of the company’s bid to acquire i2 Technologies. Brewer owns or controls 545,4145 shares of JDA stock, or about 1.7 percent. Shares (Nasdaq:JDAS) closed April 15 at $12.06 and have traded between $9.04 and $20.
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