Albert Chao
2018
In 2018, Albert Chao earned a total compensation of $9M as President and Chief Executive Officer at Westlake Chemical, a 6% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $5,260,245 |
|---|---|
| Option Awards | $1,291,208 |
| Salary | $1,089,000 |
| Stock Awards | $1,291,208 |
| Other | $82,795 |
| Total | $9,014,456 |
Chao received $5.3M in non-equity incentive plan, accounting for 58% of the total pay in 2018.
Chao also received $1.3M in option awards, $1.1M in salary, $1.3M in stock awards and $82.8K in other compensation.
Rankings
In 2018, Albert Chao's compensation ranked 833rd out of 14,244 executives tracked by ExecPay. In other words, Chao earned more than 94.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 833 out of 14,244 | 94th |
Division Manufacturing | 279 out of 5,759 | 95th |
Major group Chemicals And Allied Products | 82 out of 2,122 | 96th |
Industry group Industrial Organic Chemicals | 3 out of 65 | 95th |
Pay ratio
| Albert Chao's Pay | $9,014,456 |
|---|---|
| Median Employee's Pay | $87,852 |
| Pay Ratio | 103to 1 |
In 2018, the annual total compensation of Albert Chao was $9,014,456.
The annual total compensation of the median employee at Westlake Chemical was $87,852.
The ratio of Albert Chao's pay to the pay of median employee was therefore 103 to one.
Source: SEC filing on April 5, 2019.
Chao's colleagues
We found four more compensation records of executives who worked with Albert Chao at Westlake Chemical in 2018.