Jag A. Reddy
2023
In 2023, Jag A. Reddy earned a total compensation of $3M as President and Chief Executive Officer at Mayville Engineering Company, a 133% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $567,880 |
|---|---|
| Option Awards | $825,000 |
| Salary | $695,250 |
| Stock Awards | $825,000 |
| Other | $43,196 |
| Total | $2,956,326 |
Reddy received $825K in option awards, accounting for 28% of the total pay in 2023.
Reddy also received $567.9K in non-equity incentive plan, $695.3K in salary, $825K in stock awards and $43.2K in other compensation.
Rankings
In 2023, Jag A. Reddy's compensation ranked 314th out of 3,006 executives tracked by ExecPay. In other words, Reddy earned more than 89.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 314 out of 3,006 | 90th |
Division Manufacturing | 172 out of 1,650 | 90th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 3 out of 36 | 92nd |
Industry group Metal Forgings And Stampings | 1 out of 4 | 75th |
Source: SEC filing on March 6, 2024.
Reddy's colleagues
We found three more compensation records of executives who worked with Jag A. Reddy at Mayville Engineering Company in 2023.