J. Kent Masters, Jr
2021
In 2021, J. Kent Masters, Jr earned a total compensation of $9M as Chairman, President and Chief Executive Officer at Albemarle, a 83% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,181,372 |
|---|---|
| Option Awards | $1,375,013 |
| Salary | $1,071,923 |
| Stock Awards | $4,177,432 |
| Other | $235,013 |
| Total | $9,040,753 |
Masters received $4.2M in stock awards, accounting for 46% of the total pay in 2021.
Masters also received $2.2M in non-equity incentive plan, $1.4M in option awards, $1.1M in salary and $235K in other compensation.
Rankings
In 2021, J. Kent Masters, Jr's compensation ranked 1,218th out of 12,415 executives tracked by ExecPay. In other words, Masters earned more than 90.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,218 out of 12,415 | 90th |
Division Manufacturing | 431 out of 5,505 | 92nd |
Major group Chemicals And Allied Products | 155 out of 2,375 | 94th |
Industry group Plastics Materials And Synthetic Resins, Synthetic | 13 out of 47 | 72nd |
Industry Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers | 11 out of 36 | 69th |
Source: SEC filing on March 22, 2022.
Masters' colleagues
We found four more compensation records of executives who worked with J. Kent Masters, Jr at Albemarle in 2021.