Joe A. Raver
2019
In 2019, Joe A. Raver earned a total compensation of $5.5M as President and Chief Executive Officer at Hillenbrand, a 2% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,250,897 |
|---|---|
| Option Awards | $1,116,640 |
| Salary | $844,178 |
| Stock Awards | $2,233,248 |
| Other | $17,765 |
| Total | $5,462,728 |
Raver received $2.2M in stock awards, accounting for 41% of the total pay in 2019.
Raver also received $1.3M in non-equity incentive plan, $1.1M in option awards, $844.2K in salary and $17.8K in other compensation.
Rankings
In 2019, Joe A. Raver's compensation ranked 1,951st out of 13,971 executives tracked by ExecPay. In other words, Raver earned more than 86.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,951 out of 13,971 | 86th |
Division Manufacturing | 708 out of 5,701 | 88th |
Major group Miscellaneous Manufacturing Industries | 12 out of 64 | 81st |
Industry group Miscellaneous Manufacturing Industries | 2 out of 23 | 91st |
Pay ratio
| Joe A. Raver's Pay | $5,462,728 |
|---|---|
| Median Employee's Pay | $49,407 |
| Pay Ratio | 111to 1 |
In 2019, the annual total compensation of Joe A. Raver was $5,462,728.
The annual total compensation of the median employee at Hillenbrand was $49,407.
The ratio of Joe A. Raver's pay to the pay of median employee was therefore 111 to one.
Source: SEC filing on January 2, 2020.
Raver's colleagues
We found four more compensation records of executives who worked with Joe A. Raver at Hillenbrand in 2019.